185 GLENHOLME AVENUE, Toronto (Oakwood Village)

About this property

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. (id:66811)