587 Annette Street | West Toronto - Bloor West Village

Description

What an opportunity for live/work investment property. Easily rent out or convert back to single family this solid, rambling detached all-brick home in Bloor West Village! The spacious 2 1/2-storey home is located in a specially zoned residential/commercial strip. It is surrounded by others similar as well as single family homes and quaint family owned businesses, close to the popular Bloor West Village and Junction shopping districts plus the Humber Valley recreational paths. Bright and character-filled, the home is currently divided into two updated self contained units, plus a finished basement with separate entrance with potential for a nanny type suite. With updated mechanicals and the convenient location in a bustling area, 587 Annette is an ideal move for a family, retail business or professional practice into this friendly high demand neighbourhood! Ask for more details on the unique zoning of the property.

Property Details

  • Asking Price: $459,900
  • MLS:
  • Taxes 2007: $2983.36
  • Bedrooms: 4 + 1
  • Baths: 2 x 4, 1 x 3
  • Possession: 30 days/TBA
  • Inclusions: 3 newer fridges, 2 stoves in as-is condition, 1 window A/C unit
  • Lot size: 22.5 x 94 feet
  • Parking: permit street parking
  • Survey: Zoning MCR 1.5
  • Mechanical upgrades: New Hi-efficiency furnace 07, Siemens 100 amp circuit breaker box '07, Deck '06, 3rd Floors 06, Bsmt '05, Roof '04, Veranda 2003, upgraded city water service
  • Requirements: Must attach schedule B to all offers

What an opportunity for live/work investment property, to easily rent out or convert back to single family of this solid, rambling detached all-brick home in Bloor West Village! The spacious 2 1/2-storey home is located in a specially zoned residential/commercial strip. It is surrounded by others similar as well as single family homes and quaint family owned businesses, close to the popular Bloor West Village and Junction shopping districts plus the Humber Valley recreational paths. Bright and character-filled, the home is currently divided into two updated self contained units, plus a finished basement with separate entrance with potential for a nanny type suite. With updated mechanicals and the convenient location in a bustling area, 587 Annette is an ideal move for a family, retail business or professional practice into this friendly high demand neighbourhood! Ask for more details on the unique zoning of the property.

Popular Bloor West Village was first inhabited by Eastern European immigrants who were responsible for creating one of the first Business Improvement Areas in the country. Evidence of their work is visible in today's extensive collection of exceptional shops, cafes, restaurants and professional/health services along Bloor Street West - and those on Annette itself. This community is currently popular with young families and couples looking to put down roots. There are parkettes for children with jungle gyms and little leagues, separate and public schools all nearby, as well the gorgeous Humber Valley offering lovely paths for walking, blading and dog walks. High Park, the city's largest green space, is a short bike ride away. There are two Toronto Public Library branches serving the area, plus the nearby Annette Recreation Centre which has an indoor pool, gym and a baseball diamond.

Transportation access is a significant highlight for tenants' convenience - Runnymede Subway station along the Bloor/Danforth line is within walking distance or only minutes in the winter on the bus! The Annette bus also connects to the Dupont station on the Spadina line. For those travelling by car, the Gardiner and Lakeshore Blvd. are only ten minutes away and the city core can be reached in 20 minutes. Students can catch the express bus to York University by walking five minutes to Jane Street, and Pearson Airport is also easy to reach.

A landscaped front garden with hardy perennials surrounded by stone borders, and quaint wrought-iron railings along the front steps leading to the updated veranda welcome visitors to the home. The main entrance with easy clean ceramic tiled floor is divided up for separation between the main floor unit and the 2nd/3rd floor unit. It could easily be removed if the new owners wish to convert back to a single family residence.

The main level includes a spacious separate living room, well lit by a picture window with stained glass highlights (could be reception/waiting area for a business practice). Maple-stained hardwood floors shine throughout the living, dining and main hall floor, set off by especially high ceilings, original wood trims and crown mouldings for a classic look. The traditional dining room (perhaps office or bedroom), accessed through both the living room and hall, is naturally lit by three large windows and opens onto the eat-in kitchen for convenient entertaining/access. The bright updated family size kitchen features a ceramic floor and tiled backsplash, double stainless sink, plenty of cupboard space and long countertops, providing a very workable layout for large single family home or lots of space for a 1 bedroom suite. The kitchen walks out to the fully fenced professionally landscaped backyard. The yard is a lovely getaway with large deck, a gazebo with latticed framework, and paths for easy navigation between plants and borders - all awaiting lush spring foliage! A modern four piece bath and a good sized storage closet complete this level.

The second/third level would total 5 bedrooms with bathroom if single family home - has been converted into a 2 bedroom suite with a family sized kitchen, and separate living and dining rooms. There are gorgeous original maple-stained hardwood floors and high ceilings. The spacious original master bedroom (currently living room) is a lovely benefit as it would easily fit a king size bed, and there is plenty of light and air from the big bay window which opens out for enjoying street views. The eat in kitchen features track lighting and a separate pantry area, great for storing dry foodstuffs and extra flatware, and a gleaming updated four-piece bath has a pedestal sink, ceramic tile flooring, walls & shower, and a window for a boost of natural light. The third floor houses two very large bedrooms that each open onto a great space that could be used as a home office, waiting area or lounge. Elegant, engineered dark-stained hardwood floors were installed on this level in 2006. The bedrooms feature cozy sloping ceilings and large windows for a morning pick-me-up.

The fully finished basement (2005) is well lit with four above ground windows, making this an ideal nanny suite or recreation area or storeroom. Laminate floors over a quality sub-floor in the living area add practical elegance, while the bedroom/rec area is carpeted. There is a cheery three-piece bath with a separate enclosed shower stall adjacent to the laundry area, so this space can be maximized for large families or tenants.

There are valuable recent mechanical upgrades offering the new owner peace of mind including a newer roof and furnace, updated wiring with 100 amps electrical service, upgraded city water service, professional landscaping and a newer veranda and deck. Welcome to your ideal income or investment venture in this close knit, popular community!

Offered at $459,900.