Laurie Gruer
Sales Representative
Chestnut Park Real Estate Ltd.
1300 Yonge Street, Suite 100
Toronto, ON, M4T 2W2

Tel: (416) 925-9191
Fax: (416) 925-3935
info@LaurieGruer.com

A few years ago I noticed that buyers were beginning to express more and more interest in income properties. For those of us of a certain age, they are a terrific alternative to condominiums; they provide another style of living from a regular house, they provide revenue or a secondary suite for family members and they can often be found in excellent mid-town locations where no suitable condominium projects exist. For people with weekend properties outside the city, a duplex (or triplex) can provide three things: a pied-a-terre in town, revenue from a second (and third) suite plus the security of having someone in the building while the owner is out-of town.

I bought a duplex myself a year ago in the Annex and it has turned out to be a great investment, as well as a very comfortable home.

Over the past several years I have developed an extensive mailing list of duplex and triplex owners with whom I am constantly in touch.

Listing and selling these properties has become a substantial sideline.

If you would like to explore the idea of owning an income property, I hope you'll get in touch.

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main floor living room
mail floor dining room
main floor kitchen
main floor bedroom 1
main floor bedroom 2
2nd level living room
2nd level dining room
yard
347 Cleveland Street
"Bayview/Eglinton"

Offered at $599,000
* SOLD *

Three houses in one… at an irresistible price!

This handsome building has been beautifully maintained and substantially upgraded. It is ideal as an investment property or as a live/rent situation for an owner/occupier. Situated in one of Toronto’s most popular and stable neighbourhoods, 347 Cleveland provides two 2-bedroom units with formal principal rooms, and an accessory in-law suite in the lower level.

With a large garden and multi-vehicle parking, 347 Cleveland is an outstanding example of great space, many amenities and terrific value!

 

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upper living room
upper dining room
upper kitchen
upper master bedroom
upper master bedroom ensuite
upper deck
park view

 

9 Cottingham Road
Casa Loma Area

Offered at $939,000
* SOLD *

Large, luxurious… and lucrative!  Here’s your opportunity to buy a beautifully updated three bedroom home in one of mid-town Toronto’s most popular neighbourhoods, and earn an income from two additional units as well.  From young families (there’s a park in your front yard!) to move-down couples (looking for large principal rooms and a resort-like master suite?) to true investors (two large three-bedroom homes, plus a lovely one-bedroom suite in the lower level), 9 COTTINGHAM ROAD has all of the earmarks of a spectacular real estate investment: location, exemplary condition – and revenue!

Each of the main units features three bedrooms, fireplaces, hardwood floors, generous outdoor spaces and parking.  The upper suite is on two levels and has a large upgraded kitchen and a south-facing sunroom/office.  Beautifully renovated by the designer/owner, it features magazine-quality finishes and décor.  The current owners have loved it for twenty-seven years.

Please come in and you’ll appreciate the quality, space and value of 9 COTTINGHAM ROAD.

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upper master
lower bedroom
lower dining room
lower kitchen
lower living room
lower master
upper kitchen
upper living & dining rooms
3 Chicora Avenue
"The Annex"

Offered at $639,000
* SOLD *

Two houses in one! This terrific building is in great condition and in a great location. It offers a very versatile investment as a pure revenue-producing property or as a comfortable home, with supplementary income from the other unit. Featuring two 2-storey units, each with outdoor space, ensuite laundry and updated mechanics, this is a wonderful opportunity to invest in the Annex neighbourhood at an affordable level.

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unit #1 living room
unit #2 bedroom
unit #3 kitchen
unit #3 living room
unit #3 den
unit #3 master bedroom
unit #3 2nd bedroom
5-car garage & yard
366 Walmer Road
"Casa Loma"

Offered at $1,049,000
* SOLD *

High, wide and handsome – and with great income!

This Casa Loma area investment property provides a beautifully upgraded bi-level owners' suite with a spectacular chef's kitchen, 2 bedrooms, (including a sumptuous master suite!) and a den. There is another two-bedroom suite, a charming one-bedroom suite and two lower level flats.

The house sits on a 50' x 175' lot in the heart of one of Toronto's most coveted neighbourhoods. It also features a five-car garage and parking for several additional vehicles.

This building is in excellent condition and could also be converted easily to a single family house.

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main floor dining room
main floor living room
lower level family room
lower level family room
upper unit living room
upper unit kitchen & breakfast room
upper deck
courtyard winter
95 Welland Avenue
"Moore Park"

Offered at $719,000
* SOLD *

Here's an outstanding duplex in the heart of Moore Park!

This handsome building appeals both to investors and to owner-occupiers! The main unit is on two levels and provides a huge amount of accommodation: 3 bedrooms, 2 baths, a family room and outstanding principal rooms. The upper unit has two bedrooms, charming details and a walk-out to a balcony. There is a single garage and parking for 3 or 4 cars.

This is a chance that shouldn't be missed!

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main floor living
main floor dining
main floor breakfast room
main floor master
main floor 2nd bedroom
2nd floor living
2nd floor master
garden
110-112 Woodlawn Ave. W.
Yonge / St. Clair

Offered at $715,000
* SOLD *

Every now and then, an opportunity such as this one comes along…

This handsome income property is located in one of Toronto’s prime neighbourhoods on a very high-demand street.

It features two gracious two-bedroom suites with formal principal rooms plus an immaculate one-bedroom in-law suite in the lower level. A private drive and double garage provide parking for at least four vehicles and a charming courtyard garden offers a secluded retreat in the heart of the city!

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west elevation
foyer
living room
study
northwest bedroom
master bedroom
northeast bedroom
kitchen
118-120 Rosedale Heights Drive
"Moore Park"

Offered at $1,050,000
* SOLD *

The one you've waited for... A classic and grand duplex on Moore Park's best street!

Two 3-bedroom suites with gracious principal rooms, studies and offices. Hardwood floors, fireplaces and charming French doors! This handsome two-family home is steps from Whitney School and from the shops of north Rosedale.

Ideal for investors, empty-nesters, or extended families - in the heart of one of Toronto's great neighbourhoods.

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living room 1
living room 2
living room 3
kitchen 1
kitchen 2
bedroom 3
105 Balmoral Avenue
"Yonge / St. Clair"

Offered at $839,000
* SOLD *

A terrific income property at Yonge / St. Clair! This fully detached house produces excellent income or could be returned to single-family status!

Original staircase, fireplaces, walk-out to south garden! Five suites currently: 2-2 bedroom units, 1 large 1- bedroom unit and 2 studio apartments. Parking for 3 or 4 cars.

A rare opportunity at Yonge and St. Clair!

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living room
living room, view 2
bedroom
basement apt.
71 Braemar Avenue
"Chaplin Estates"

Offered at $599,000
* SOLD *

Think of the possibilities!

Live in the lower unit and enjoy large principal rooms, 2 generous bedrooms, a working fireplace and a huge deck. Rent out the upper unit and
the studio apartment in the basement!

This great duplex in the heart of Chaplin Estates features a private drive as well - and is within walking
distance of wonderful shops, restaurants and schools!

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living room
living room, view 2
living room, floor 3
basement apt.
73 Braemar Avenue
"Chaplin Estates"

Offered at $599,000
* SOLD *

Investors! Owner-occupiers!

An amazing opportunity in the centre of town! This beautifully maintained duplex provides approximately $48,000 in annual revenues - or could work as a terrific home with income from 2 other suites!

Double garage, fireplaces, and 2 generous decks!

The Housing Report
The Duplex: one option for empty nesters

Even if the children have flown and maintaining the family home has become a hassle, some couples refuse to move to a rented apartment or a condo in the clouds. They're loathe to leave the garden and say they're happier in a place that "feels like a house."
... full story
 


all materials © Laurie Gruer, 2004