Demolition of the century old Glebe Presbyterian Church at 124 Belsize is very near. The old building has been surrounded by heavy wire fencing in preparation for the work. As noted in a prevuous post, application has been made to build three sets of two semi-detached town homes on the site. The 1913 church was for sale most of this year. Sale price had not been made public but the listing price was $2,850,000. This limited information caome from the City’s website and reveals no plans or illustrations. The application does say that the homes will sit atop a common underground garage which will be accessed from Belsize Drive. Judging by the value of homes in the Glebe and with an added amenity like an underground garage, the value of each unit will be substantial. Profit to the builder would be very handsome as well if he paid only the listing price This proposed project however may seem attractive to residents here and elsewhere considering the frequent attempts by developers to challenge zoning with multi-level towers.
