** Open Saturday September 17th and Sunday September 18th from 2-4pm **
Thanks in part to Toronto's unpredictable real estate market and the panic it tends to elicit, homeownership is not always viewed as the exciting opportunity that it should be! After all, beyond the pragmatic purpose of shelter, a home has the rare ability to shape one’s life through the unique possibilities it offers.
Take, for instance, this charming, century Edwardian home, favourably situated in the Beach Triangle neighbourhood. Within its four walls exists the potential for various lifestyle configurations depending on your needs as homeowner. Do you covet space? Are looking to generate income? Perhaps both? This malleable home is easily modified to suit its occupants, and as such, represents a world of opportunity!
Welcome to 107 Rainsford Road!
Located in The Beach Triangle - where Queen East, Kingston Road and Woodbine Avenue geographically intersect as a triangle - this original semi-detached Beach home dates from 1919. Back then this neighbourhood was evolving from 'cottage country' to 'city neighbourhood'. In fact, there was once a ferry from the Harbour downtown which took holiday-goers to The Beaches, where a popular amusement park called Scarboro Beach Park operated between 1907 and 1925. The park, located between Kew and Balmy beaches, was eventually demolished and subdivided into residential lots.
This home presents not only options because of its physical construction, but because it also boasts a stellar location which embraces and supports the very best in pedestrian living. This home’s prime location means easy access to shopping, dining, schools and green space. This translates directly to quality of life, which is always more elevated when you live with options.
As time pushes a neighbourhood's evolution along, it can sometimes lose its roots. But not here. This charming enclave has an active community association that not only connects this tight-knit borough; it reminds every one of their civic role in preserving the past while setting the neighbourhood up for the future. The Beaches area is known for the way in which it tries to honour the distinct character of its past, while offering many modern amenities and conveniences, which are reflected in the varied boutique storefronts and electric eateries that line the storied streets.
With Queen Street East just down the street, there are endless dining and cafe opportunities. Care to savour excellent wine? Sauvignon Wine Bistro is a five-minute walk from your doorstep. Want a side of history with your Sunday Brunch? Whitlock’s is also a short walk away. Whitlock’s is in a historical building, which has been a fixture since the early 1890s. Originally a grocery store and a post office, it became the Black Diamond Cheese Factory in 1925, and several decades later it became Whitlock’s, known for excellent Mediterranean fare. Just up the street, you can settle into a signature pizza at Casa Di Giorgio.
Having good schools nearby is important, even if you don’t have immediate use for them, as they always support growing your home’s asset value. 107 Rainsford is well-positioned to a number of reputable schools. Having schools within walking distance is of untold value to busy parents, whose days are already chock-full. A ten-minute stroll away is Kew Beach Jr. Public School, which offers JK through Grade Six, as well as on-site daycare, which is a huge convenience plus for parents. Also in the neighbourhood is Norway Junior Public School, which has the distinction of being one of the oldest schools in the Toronto District School Board, with roots that extend to 1848. It also offers programming for JK to Grade Six. If you’d prefer your child to be in the same school from JK all the way through to Grade Eight, Bowmore Road Junior and Senior PS is a good choice. They also offer French Immersion, as well as Gifted Programs and excellent resource support for kids with Learning Disabilities. Serving the neighbourhood for high school is progressive Monarch Park Collegiate.
Whether you intend to use this property for your residence, or as a rental, the life of its occupants can only be made better with easy access to green space. This is particularly true if you or your tenants are young families, or dog owners. Within a 5-minute walk is Jeff Sloan Playground, which creates a nice environment for parents and kids to congregate and play. A little further away is expansive Orchard Park with green space, playground, outdoor activities and a fire pit. A ten-minute walk is 28-acre Woodbine Park, with its lush ecosystem, numerous leisure activities as well as vibrant cultural centre, as host site for a number of festivals.
Another big selling feature for tenants is easy access to public transit, a hop, skip and a jump away on Queen Street East with streetcars and buses running regularly. How fantastic is that?
Nestled on a 20 x 118 foot lot with laneway parking for as many as two cars, this well-maintained residence retains a lot of the original character details with plenty of essential updates. Featuring lovely curb appeal with a mature perennial front garden and an expansive front porch, this delightful home has been utilized for several years as a three-unit dwelling.
From the welcoming foyer, the main level - which is currently vacant - was formerly occupied as a one bedroom rental but has been set up in the traditional layout of living, dining and kitchen. Featuring original wood floors, a vintage (albeit inoperable) fireplace, wide period baseboards and crown moldings, we love the abundance of character in this home, including the classic hardware and pocket doors. The upgraded kitchen boasts exposed brick walls, open shelving, a farmhouse style sink and an oversized prep island which features generous storage beneath. Plus there's a bijou 3-piece washroom off the kitchen that offers enormous utility. Recently rented for $1350 per month inclusive, the main level offers the flexibility of being an income supplement or, for a family, the entertainment spaces.
On the second level, the rear former bedroom has a renovated kitchen with breakfast bar, and connects to an enclosed sunroom which serves as a media room. The two further bedrooms with closets are well-proportioned, including the master bedroom which has a charming sun-dappled bay window. A three-piece washroom with vintage clawfoot tub serves this level. This suite has been primarily owner-occupied for the past decade but was most recently rented (a tenancy which concluded July 2015) for $1550 per month inclusive.
In the lower level, a non-retrofit studio basement apartment - which is currently leased until March 31st, 2017 at $1000 per month inclusive - has its entrance from the rear just beyond the common laundry area. Featuring a mix of laminate, broadloom and tile - this open concept suite has a renovated washroom with vintage style sink, subway tiles and a deep soaking tub. This tenant - who shares the rear garden with the other residents, is delighted to call this residence Home.
The rear of the property includes a pretty flagstone path and seating area, with a canopied awning and outdoor furnishings which are included in the purchase. Having laneway access, the tiered yard can accommodate two car parking.
Offering enormous versatility this dwelling is well-suited to an investor or a Buyer seeking an income supplement that helps pay its own mortgage. However, if you dream of a single-family home - brushed with history and nestled in an ideal neighbourhood – that configuration is also easily achieved. This property is not only beguiling; it's versatile!
Improvements By Owner:
**Windows were not installed by this owner, but they are dated 2000**
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