Maroc - STOREYS.COM - A La Une - 24/Jun 19:11

South Parkdale Multiplex Hits The Toronto Market

A character-rich multiplex has hit the market in South Parkdale over the weekend. If you have dreams of owning and managing a property in the rapidly changing Parkdale neighbourhood, this could be for you. Or, perhaps, you may want to move the whole extended family into one home. Inspired by Queen Anne Revival architecture, the sprawling property at 143 Dowling Avenue is over 100 years old and is currently listed at $2,695,000. Notable features include a charming turret, soaring ceilings, a large front veranda, and multiple terraces to take advantage of the tree-lined street. "Parkdale originally had nobility living in the area, so the homes are truly the most exquisite in Toronto," said realtor Luke Delinda. "The Queen Anne Revival-inspired architecture offers an explosion of jaw-dropping artistry in the woodwork and stained glass windows. It was only when the Gardiner cut off access to the lake that the area that the purpose of these homes changed. This is a fantastic investment and/or multi-generational opportunity."SpecsAddress: 143 Dowling Avenue Bedrooms: 9+4 Bathrooms: 10Size: N/A Lot Size: 52.00 x 150 FeetPrice: $2,695,000 Listed By: Royal LePage, Daiva and Luke Dalinda Making for a convenient and colourful place to call home for everyone from small families to single young professionals and students, the property contains a total of five self-contained units and four additional bachelor units in the basement. There is also a two-storey, one-bedroom, 713-square-foot coach house at the rear of the main property. In total, there are nine bedrooms and 10 bathrooms. Currently owner-occupied, the 1,900-square-foot main floor features three bedrooms and two bathrooms. The second floor houses a two-bedroom unit with a balcony and a one-bedroom unit. Upstairs on the third floor, you’ll find a two-bedroom unit with a family room, laundry, and a large deck. According to the listing, Units 5, 1B, and 1C are currently vacant.Our Favourite ThingOur favourite feature of this property is the living room in unit 3, the large main floor unit. The ample wood detailing, stained glass, sophisticated wall art, dreamy fireplace, and turret offer an old-school regal yet warm feel that is increasingly rare in Toronto. It’s the type of room where you want to spend a winter’s day, with a blazing fireplace, a good book, and a warm beverage.Judging from the listing photos, the units vary in terms of sophistication. The regal-feeling unit 3 (the owner’s unit) features impressive interior wood panelling on the soaring ceilings and the floors, a dramatic fireplace, built-in cabinetry, and stained glass windows. Meanwhile, another features vintage parquet flooring and a very basic kitchen (perhaps perfect for a student who’s just happy to have their own place). The property features a rear fire escape, four parking spots, and five separate hydro meters. One of its biggest draws is its location. The home sits a close walk to the lake, Liberty Village, and West Queen West. Known for its grit and large population of artists, the historically underserved Parkdale community is evolving with each fresh application for a shiny new condo development. The property’s gross income is currently $106,860 per year.A LOOK AT 143 DOWLING AVENUE UNIT 3 (MAIN FLOOR)UNIT 5 (SECOND FLOOR)UNIT 6 (THIRD FLOOR)REAR (TWO-STOREY) UNIT 1A (BASEMENT)