House of the week: 36 The Palisades
The Palisades is one of those rare streets in Toronto that offers a sweeping view over parkland with the city in the distance. Located above High Park, residents cultivate a distance from the concrete and steel of the metropolis, but are also just a few minutes walk from Line 2. In other words, it's pretty much ideal.
This home at 36 The Palisades, which is featured in a Property Brothers episode, has been recently rebuilt to take full advantage of the unique view it enjoys. In place of the early 20th century home that once occupied the site, the current iteration boasts a modern design sensibility without ever pushing into industrial territory.
In addition to the view of the park, the backyard is home to a mature stand of trees, which makes the lot private as can be. So even while the ample windows cast the space in light, there's no concern about showing your business off to the neighbours.
It'll take deep pockets to enjoy all the features this house has to offer, though. Listed at $2,795,000, it's not the type of property that you can hope to get a deal on. The structure is new and the location is superb. On the flip side, it's sure to gain in value even if the market cools off a bit.
An active family. Looking at the view of High Park is one thing, but getting out there and using it is the real joy. Thanks to a convenient set of stairs, residents can be hiking the trails in just a minute from this location.
You think the price warrants more space. You're sinking a lot into the unique location here, and if that's not a huge selling point, you can get more house for your investment elsewhere. Despite the convenience of a walkable subway station, this neighbourhood is not particularly walkable, which might also prove troublesome to potential buyers.
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