A Multi-Use Renovated Residence In Toronto, ON

From transportable teepees and the iconic igloo, to fully-automated "smart" homes and sustainable straw structures - Canadians have a wide open and varied view of what can constitute 'House and Home'.

After all, Shelter is where you spend the majority of your time - so why not get creative and build a space that is tailor-made to your lifestyle?

For the majority of the population, living in an urban centre like Toronto really stretches the budget; housing prices continue to rise, unique spaces are few and far between, and if one decides to cut out the cost of a car, reliable public transportation isnt exactly cheap either! So, because of wallet woes - and a myriad of other reasons - some Torontonians have chosen to work out of their residences, sparing themselves the the cost of an office space, and the daily commute. If you profession allows it - why not? In fact, there are quite a few condo buildings and factory conversions all over the city that are zoned as live/work, where a little bit of extra room can be tailored to suit individual workspace needs.

But what about entrepreneurs whose business requires a storefront? It's not easy to find a commercial space that can also accomodate living quarters, both physically and legally. But we have found a great solution: A Live/Work Brownstone On The Danforth!

 

 

Detached but abutting its neighbours, this two-storey dynamic property underwent a significant renovation with permits in 2014, transforming it into a modern 3 bedroom residence!

1483 Danforth Avenue, boasting up to FOUR car parking at the rear, is zoned as both residential and commercial, and was most recently used as a physician's office before its transformation in 2014. It can suit a multitude of purposes, including an easy reversion of the main floor into a dedicated work space, while the upper level could be converted into a self-contained suite (the middle bedroom, currently used as an art studio, has a sink, so converting this into a kitchen is possible). As a result - for those who have a specific requirement - the property offers a unique opportunity for customization. Fronting directly on Danforth Avenue, this is a property any business owner would love to have, especially being able to conveniently reside on the second floor! Talk about flexibility! (Note: The $3,608 property tax bill for 2017 reflects a residential tax variance.)

This special property has been upgraded with loving care. The comprehensive list of 2014 improvements encompasses all new buildings components, fixtures, and fittings - completed with permits - including plumbing and sewage drainage, 100amp wiring, heating/cooling systems, doors plus mostly new windows, spray foam insulation in most walls and the ceiling, a roughed-in central vac system, a rear deck/shed, and even a new roof after 6 layers were removed. The entire property is also hard wired for an alarm system, internet, and cable.

For those who are purchasing for the long-term, or have an eye towards future development potential, this commercial/residential zoned property is located in an area with a 14 metre height limit. Neighbouring buildings have expanded up and out, and any prospective purchaser should complete their own due diligence to confirm they can realize their own vision for the site.

Offering enormous versatility, this dwelling is well-suited to the discriminating buyer who covets classic contemporary with a touch of cool, but also values having life-improving amenities just steps away! If you're a lover of the urban spirit and pedestrian lifetsyle, it doesn't get any closer to the action than this!

We've got even bigger news! It was selected as last week's Home of the Week by the Globe and Mail who did a feature on the property. You can see it here: A Live/Work Brownstone On The Danforth Is The Globe and Mail’s ‘Home Of The Week’!

Contact steve@urbaneer.com for more info!

 

~ Posted by Steven Fudge, the purveyor of houseporn.ca and proprietor of Urbaneer.com, a division of Bosley Real Estate Ltd., Brokerage.

Posted In: Ontario, Toronto

Post your comment