29 Shannon Street, Toronto C01, ON

Description

Some properties come to market once a decade. This one comes along once in a generation. 29 Shannon Street has been owned by the same family since 1967 and is hitting the market for the first time in nearly 60 years. A rare legal duplex on a 40 x 118 ft lot in the heart of Trinity Bellwoods, move-in ready as configured, fully livable, and with serious income generating potential. Purpose built for multigenerational living, the upper unit spans the second and third floors with six bedrooms, generous living space and kitchen, and the bathroom has a classic clawfoot tub and shower. The main floor operates as a fully self-contained suite with a full kitchen, pantry, large living and dining rooms, two bedrooms, and a beautifully renovated bathroom with walk-in shower. Both basements are large and offer significant square footage with value-add potential and private storage for each unit. Walk outside to a generous yard, patio, detached shed with garden suite potential, and private drive with parking for approximately seven vehicles. Five minutes to Trinity Bellwoods Park, steps to Ossington, Queen West, top-rated schools, and TTC. Committee of Adjustments approved plans are already in place and they are extraordinary. The third floor transforms into a private primary retreat with a full ensuite, dedicated living area, and a large balcony with 180 degree Toronto skyline views. The main floor opens dramatically with a 20 foot double vaulted living space, a French country inspired kitchen, a fireplace as the centrepiece, and rear sight lines that pull natural light deep into the home. The heritage facade stays. Everything behind it transforms. The approved lower level introduces a 9 foot walkout suite with direct backyard access, purpose built as an in-law suite or nanny quarters. No approvals to chase. No uncertainty. The vision is already permitted. All that remains is the build.