Observer Walt
Senior Member
The former Deer Park United Church property at 129 St. Clair Ave. West (SE corner of Foxbar Road) has been sold. The handsome-looking old stone church is (I think) designated. This may be a potential conversion of the existing building rather than a completely new structure.
The price paid is $4 million, equivalent to $142.85 per square foot of site area. This is (IMO) an astonishingly low pri ce, for this location, if a completely new building were to be planned. It lends some credence to my guess that it will be a conversion.
It's interesting to note that it's immediately next door to the former Imperial Oil building. Two old but historically important buildings are sitting side by side in this high-class location. You could speculate about the possibilities ...
The price paid is $4 million, equivalent to $142.85 per square foot of site area. This is (IMO) an astonishingly low pri ce, for this location, if a completely new building were to be planned. It lends some credence to my guess that it will be a conversion.
It's interesting to note that it's immediately next door to the former Imperial Oil building. Two old but historically important buildings are sitting side by side in this high-class location. You could speculate about the possibilities ...