499 Palmerston Boulevard, Palmerston-Little Italy M6G 2P2

Description

Prime south Annex 3-storey residence with a private drive on a superb 29' x 138' lot! **Presently 3 large self-contained suites, all separately metered for hydro & natural gas. Perfect for Buyer to occupy the upper two floors and receive solid rental income from two units, or create the ideal co-ownership or multigenerational living opportunity. This large, solid brick Edwardian is approx. 3700 sq. ft over 4 levels, including a professionally underpinned basement with 8-foot ceilings. Seller occupies the largest suite on the 2nd & 3rd floor, full of natural light w/hardwood floors, gas fireplace and a splendid sunroom that overlooks the private back yard. The third floor principal bedroom has 9.5 ' ceilings, exposed brick, en-suite bath, steam sauna, en-suite laundry and a walk-out to a roof top deck. Charming main floor 2 bedroom unit with many period details intact including antique gas fireplace, hardwood floors, separate dining room & spacious kitchen. Large 2-bedroom basement Apt. with amazing 8 foot ceilings, each bedroom has its own en-suite bath w/shower. 200-amp service, modern wiring & plumbing. The lot's depth extends an impressive 138 feet from the private drive to the incredible back yard where mature trees provide a serene natural setting with endless possibilities for gardening enthusiasts. Originally built as a single family residence, this property can be re-imagined back into a majestic family home, now or down the road. Located in a prime mid-block location south of Bloor on a street famous for its iconic cast iron street lamps. Property qualifies for a Garden Suite, report attached. Short walk to Bathurst subway and fabulous local shops, cafes & restaurants, the Hot Docs Cinema, BMV Books, Metro, University of Toronto.