185 Glenholme Avenue
Toronto C03 M6E 3C5
Canada

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 7 BR
Bathrooms: 4

Financials

Price:C1,899,000
($1,332,000)
(€1,203,500)
Annual Taxes:C10,703.99
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

Why choose between a beautiful family home and an income property when you can have both ?

Description

Why choose between a beautiful family home and an income property when you can have both? This rare, fully renovated legal duplex offers the best of both worlds, with a spacious, nearly 3,000 sq. ft. owner's residence spanning the upper and lower levels, plus a separate income-producing two-bedroom suite. Offering the space, character and comfort of a substantial single-family home, this property provides exceptional flexibility and the opportunity to offset ownership costs without compromising on lifestyle.The owner's residence features generous principal rooms, multiple living spaces, exposed brick, a striking spiral staircase and a spectacular third-floor primary retreat with walk-out to an oversized private terrace. The lower level adds even more living space, complete with impressive 8-ft ceilings, exposed structural steel beams and hydronic in-floor radiant heating. The separate two-bedroom main-floor suite is currently leased for $2,950/month, providing immediate income with quality tenants already in place.Looking for even more income potential? Permits are already available for a triplex conversion, giving the next owner the flexibility to enjoy the expansive primary residence as it is or explore the approved conversion. Additional features include two separate entrances, a private landscaped backyard perfect for relaxing and entertaining, rare dead-end street access and exceptional parking with 2.5 detached garage spaces accessed from Glenholme and Glenhurst.Ideally located just steps to St. Clair Avenue West, TTC, parks, shops and cafés, this is a unique opportunity to own a beautifully upgraded, character-filled property that offers the comfort and scale of a family home, the benefit of established rental income and exciting future potential in a fantastic, walkable Toronto neighbourhood.

Amenities

  • Auto Garage Door Remote
  • Carpet Free
  • On Demand Water Heater
  • Sump Pump
  • Water Heater

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.