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RSS FeedsJailhouse charm at a bargain basement price
(The Star Toronto Raptors)

 
 

13 december 2017 03:49:09

 
Jailhouse charm at a bargain basement price
(The Star Toronto Raptors)
 


So what if the “courtyard” used to be a walled exercise yard and the ensuite bathrooms are incorporated into jail cells? In Toronto, those features might pass for the charm of a fixer-upper. In Owen Sound, they’re proving a tough sell even at the bargain price of $99,000.The city of about 21,000 people, on the shore of Georgian Bay, has been trying to sell the original 1854 Grey County courthouse and jail since about 2014.Owen Sound took over ownership from the county in the 1960s, when the court moved to a new building. It has since been used as offices and artists’ studios, but now sits empty. Were it in Toronto, it’s the kind of property that would probably have been snapped up by a developer. But when a retirement home chain looked at developing it a couple of years ago, the old courthouse proved unsuitable and was returned to the city, according to Owen Sound architect Grant Diemert, who has researched the property.He dates the jail to 1866 and the addition on the back of the courthouse to about 1875. The current real estate listing, posted in August, has attracted about 50 showings but, so far, there have been no offers, said local Chestnut Park realtor Dave Moyer, who has a land development background.Many of the inquiries are from people considering it as a potential home, which would require rezoning.“But it would have to be done over a reasonable time frame,” he said. “We don’t want someone living in a corner of the building and renovating it over 20 years.”What Owen Sound really wants is a developer to repurpose the site. Any offer has to come with a development proposal, Moyer said.The pre-Confederation courthouse and jail, which were originally on two separate parcels of land, are zoned for institutional use. Ideally, the property would be developed as a private school or corporate office.The list price was chosen as an enticement.“The city realizes that any company that will take thi ...


 
23 viewsCategory: Sports > Ball Sports > Basketball > NBA > Toronto Raptors
 
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