Situated in the unique North Toronto enclave of “Otter Creek”, this terrific duplex offers tremendous value as both a wonderful personal home and a highly desirable income generating investment. The Otter Creek area is very special… winding roads, mature trees, a ravine that meanders through it, no hard-edged sidewalks…it is an organic and family-friendly area that lives up to the concept of “neighbourhood” in the truest sense of the word. Quiet and calming it offers a distinctly rural ambience while presenting all the advantages of a central urban location.
Set well back from the street this property offers a marble floored foyer with separate entrances to both upper and main floor units. The large main floor living room has hardwood floors, crown molding, an extra large window and an electric fireplace. The dining room flows directly off the living room and features hardwood floors, crown molding a large south facing window sconce lighting and original Art Deco style millwork. The hallways all have hardwood floors, original millwork and offer direct access to a coat closet and a linen closet. The upgraded kitchen also has hardwood floors as well as custom cabinetry, plenty of cupboard space, south and west facing windows for a wonderful sunny ambiance, a breakfast counter and a full suite of modern appliances. Immediately adjoining the kitchen area is the bright and sunny family room with a large south facing window, hardwood floor, track and recessed lighting and a separate entrance to the rear yard and parking area. With it’s built in shelving, cupboards and desk, this area could also be an ideal main floor office should that better suit your needs. The master bedroom has three bright windows, hardwood floors, crown moldings, custom radiator cover/window shelf and three large closets. The four piece bathroom has a ceramic floor, a south window, sconce lighting, ceramic tub and shower enclosure, a medicine cabinet, storage area and ceramic wall tiling. The fully finished lower level of this main floor unit has high ceilings throughout and offers a carpeted second bedroom with two large closets and an above grade window. There is a carpeted recreation room which also has an above grade window as well as recessed lighting and a storage area under the stairs. The lower hallway features a slate floor kept toasty warm by a hot water radiant heating system. It has a separate entrance to outside with a coat closet and also offers a full sized, stacked washer and dryer concealed behind a closet door as well as an additional closet with a sink and storage area in support of the laundry facilities. The heated slate floor extends into the four piece bathroom that also features an air jet bathtub with ceramic tile enclosure, an above grade glass block window, ceramic shower enclosure, large mirror with makeup light, ceramic wall tiles and a full vanity. There is also a third bedroom running off the hallway. This bedroom has the same heated slate floor as the hallway and bathroom as well as an above grade window and a large closet. The room has also been fully plumbed for easy conversion into a kitchen should one wish to utilize this lower level as a self contained living unit in the future. The upper unit of this legal duplex consists of a spacious living room with crown molding, hardwood floor, a marble faced decorative fireplace, a very large window and original millwork. The sunny and bright dining room is also of generous proportion and features a hardwood floor, crown molding, a large south facing window and sconce lights. The upgraded kitchen has factory finished hardwood flooring, track lighting, breakfast counter, double sink, a full set of modern appliances and a south-west facing bay window area with direct access to a small deck area and the rear yard. As in the downstairs unit, the hallways are all hardwood and there is a coat closet and original trim throughout. The master bedroom has three windows, hardwood floors, crown molding and a full sized stacked washer and dryer cleverly tucked away behind a closet door. There is also a separate dressing room offering plenty of closet space and a makeup table. The second bedroom has two south and one west facing window, hardwood flooring, a closet and is very sunny and bright. The four piece bathroom has a ceramic floor, wall tiles, medicine cabinet and a ceramic tub and shower enclosure. 5 Otter Crescent is close to many superior schools such as John Ross Robertson elementary, Glenview secondary school, Lawrence Park Collegiate and Havergal College. This legal duplex affords ideal proximity to parks, playgrounds, skating rinks, private clubs, gourmet shops and fine dining while being only a short walk to the subway, 20 minutes by car from the city’s downtown core and 25 minutes from the airport. With a ravine backed rear yard, two garages and additional parking for two cars, this property offers a rare combination of quality family living space and the ability to generate a meaningful income stream…truly a brilliant opportunity.
2009: All exterior rear stairs and decks repainted
2007: New roof shingles
2004: Re-paved driveway and parking area
2003: Renovated basement and main floor kitchen and family room
Parking:
Mutual drive
Two, one car garages
Additional parking for two cars
Comfort Systems:
Gas hot water boiler
In-floor hot water radiant heating in lower level slate floors
Central air conditioning
Gas hot water tank (rental)
Automatic sprinkler system (front yard only)
Security System:
Separate system for each unit (monitoring not included)