231 Macpherson Ave, Toronto
Asking Price: $1,449,000 | MLS®#:C3429505
This is an amazing opportunity to own a fully-detached, brick home in the Republic of Rathnelly, on one of Toronto’s most sought after streets! This home has endless potential, with mixed zoning allowing for a large second and third floor residential suite, with two bedrooms, two bathrooms, and lots of large windows, and an unparalleled view of the city. This home has been meticulously cared for and has stayed within the same family for almost half a century. The mechanicals throughout the home have been upgraded and kept in excellent working condition (see home inspection). The unfinished basement has been waterproofed and holds endless potential for renovations. There are two legal parking spots on the pad at the front.
The first floor commercial unit is the perfect live/work from home opportunity! Or, live on the upper two floors with your stunning city views, and rent-out the main floor commercially to a professional. The residential unit is also an ideal pied-à-terre for the travelling businessperson, allowing you to keep a home in the city, while practically paying for itself with the income from the commercial first floor unit. Or, lease both the commercial and the residential unit for top dollar in the marketplace.
Getting around is easy with Dupont station just minutes away, Avenue Road around the corner, Rosedale Valley, the DVP, and the 401 just a short drive away, giving you access to the rest of the entire city. Steps to Bloor Street, Yorkville, Sir Winston Churchill Park, Rosehill Resevoir, and the best kept secrets and hot spots of Summerhill and Rosedale. 231 Macpherson Avenue – city living at its best!