www.142BedfordRoad.com
HOUSE OF THE WEEK TheStar.com Real Estate Stately mansion could be family compound
Jul 24, 2009 04:30 AM
Special to the Star
Address: 142 Bedford Rd., Bernard Ave. and Bedford, The Annex
Asking price: $3,375,000
Size: 4,845 square feet, not including finished basement
Lot: 35 by 111-feet, single car attached garage, circular drive parking for up to five cars
Taxes: $10,630.31 (2008)
Bedrooms: 4 plus 2
Bathrooms: 9
This historic home is one of the largest in the prestigious Annex neighbourhood, situated between Avenue Rd. and Spadina Ave., just south of Davenport Rd.
Surrounded by stately detached renovated homes, the Laidlaw Mansion was built in 1893 by architect George Martell Miller in the Grand Victorian style and is part of the Annex Conservation District.
In 2001, the interior of the home was fully restored with a massive renovation that cost about $1 million.
Most of the interior layout was unchanged and all the original details - such as archways, stained glass windows, wood trim, 10-foot solid oak doors and moulding - remained untarnished.
For the first 60 years, this three-storey brick home served as a single-family dwelling.
Now, with six bedrooms and nine washrooms, it boasts five apartments, all with their own entrances.
"To convert it back to a single family home, I would suggest getting rid of the second and third floor kitchens and turning them into a family room and library," says listing agent Peter Tarshis.
"This house could be an `urban family compound' with space for various family members, such as parents with older children and even grandparents, all with autonomy and privacy."
Because of its location, this mansion could also ideally be used as a live/work dwelling. "The rent currently generated from the existing luxury apartments is about $160,000 a year average.
New condos for sale in the near vicinity are starting at $1 million, and other, much smaller single family homes in the area are selling for anywhere between $1.5 to over $3 million," says Tarshis.
The home is walking distance to Bloor St. and the Dupont subway station. There are many schools close by, including an alternative school, a Montessori school, a Waldorf school, George Brown College and the University of Toronto. As well, high-end shops, restaurants and cafés are all a short walk away.
The front door features a transom window and opens to the main floor apartment unit with a large foyer and a four-piece washroom.
Double doors lead to the huge - 28 feet long and 23 feet wide - great room, which could also be used as a ballroom or living room.
It has hardwood floors and the original stone fireplace.
Nestled between the great room and the dining room is the kitchen, with slate floors, granite counters and a pantry. The dining room features a hardwood floor, a vaulted ceiling, another original fireplace and a powder room. Double doors open to a bedroom with a walk-in closet and a vaulted ceiling. As well, there is a walkout to a private courtyard.
Still on the main floor is a living room with a large bay window, fireplace, two-piece bathroom and two entrances. A spiral staircase goes one level down to the kitchen, breakfast room, bedroom and four-piece bathroom.
On the second floor is a two-bedroom apartment, one bedroom with its own fireplace. Also on this level is a living room with a fireplace, a dining room, kitchen, four-piece bathroom and two-piece powder room and laundry room. It also features a private deck.
The third floor apartment has a combined living room/dining room with a fireplace, a kitchen, laundry room, bedroom with large closet and three-piece bathroom and powder room. This level also has a private deck.
The finished basement has another apartment with above-grade windows.
If the home was converted back to a single-family dwelling, this apartment could conveniently serve as an in-law suite or be used as nanny quarters. It features a bedroom, living room, three-piece bathroom, kitchen and a separate side entrance.
To have a look at this house, contact listing agent Peter Tarshis, Homelife/Realty One Ltd.,
Brokerage, 416-705-1181;
www.142BedfordRoad.com.
"HELPING YOU IS WHAT I DO"
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I am here to meet your needs- to Serve & Protect - Your Investment.
As a Real Estate Consultant I am dedicated to the Real Estate Investor & Home Owner- who is willing to work for one of the most precious things in the World - Freedom.
Posted by Peter Tarshis on 07/24/2009 09:19 AM
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