The High Park Alhambra Church, once a beacon of worship and then a promising new condo development, is now more of a partially built ruin wrapped in scaffolding, its future uncertain.
Located at 248 and 260 High Park Ave., the historic building had been earmarked for an ambitious adaptive reuse condo development project., by June 2021, shoring and excavation were fully completed, formwork and concrete work on parking level 1 was "well underway," and a tower crane had been installed, enabling full-scale construction to proceed.
Of course, the fine print reveals that the $1 price is more symbolic, and the actual price they're looking for will undoubtedly be substantially higher – likely enough to at least cover the debts owed. blogTO did reach out to CBRE to get an insight into what the true asking price would be but there was no response at the time of publication. in late September, outlines a detailed sale process, and in short, the sale will unfold in two rounds, with a bid deadline set for November 22.But until that happens, the future of 248 and 260 High Park Avenue hangs in the balance, as do the 64 of the 70 units that have been pre-sold to date.