House of the Week: $2.5 million for a five-apartment mansion in Moss Park

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Published on: March 16, 2016

Address: 81 Pembroke Street
Neighbourhood: Moss Park
Agent: Nazir D. Shivji, Century 21 Percy Fulton Ltd.
Price: $2,480,000

The place: A five-plex, located between Dundas Street East and Allan Gardens, with a wrought iron fence and an antique look.

The history: Originally built in the 1860s, the home has undergone extensive renovations over the years—most recently in 2013, when the owners waterproofed the basement. Each unit has a fireplace, and the uppermost one has a spacious rooftop deck.

Big selling point: The two-bedroom main-floor apartment, which has two marble fireplaces, 11-foot ceilings, three exits, two bathrooms, granite countertops, stainless steel appliances and hardwood floors, would make for a luxurious owner’s suite.

Possible deal breaker: Though the estimated $104,840 in yearly rental income is nothing to scoff at, taking on the responsibility of renting to four or five sets of tenants may be too much for the average homebuyer to handle.

By the numbers:

• $2,480,000
• $8,018 (2015 taxes)
• 6 bedrooms
• 6 bathrooms
• 6 fireplaces
• 5 apartments
• 3 parking spaces

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The house is about 150 years old. Inside, it has been split into five separate units.

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Here’s the entryway.

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One unit is a spacious owner’s suite. Whoever decorated this place has quite an eye.

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You’ve got to admire the maximalist interior design, here.

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Here’s the kitchen.

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And the dining area, complete with candelabras.

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A chaise longue in the den.

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And the owner’s suite’s bathroom.

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And the bedroom.

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Here’s one of the four other units.

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A view of the kitchen.

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And the bedroom.

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And here’s another unit. Take a look at that fireplace.

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Another spotless kitchen.

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And another bedroom.

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The buyer may have to fight the urge to dump a bucket of rubber balls down here.

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Here’s the attic apartment. Can you believe this is the first Ikea furniture we’ve seen so far?

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The kitchen.

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And the living room, with another fireplace.

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The attic unit has access to this rooftop deck.

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These fire escapes double as balconies.

Article source: http://torontolife.com/real-estate/houses/toronto-house-for-sale-81-pembroke-street/

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