Major Mackenzie Dr W / Yonge Street Experience the perfect blend of historical charm, modern luxury, income capability and endless potential with this unique heritage property! Originally built in 1886 for Eliza Gaby, set on an extra-large 50 x 250 ft lot in the desirable Mill Pond community, this home offers a rare opportunity to preserve 138 years of history while enjoying a serene, tree-lined landscape. Fabulous & practical proposed/approved floor plans include 4 bedrooms, each with its own ensuite bath, and a fully separate 2-bedroom, 2-bath income-generating coach house, ideal for rental income, multi-generational living or for guests! Approved redevelopment plans are in place, making this a primed opportunity for buyers looking to enhance the home's historical beauty with modern amenities. The redevelopment, already cleared by the Heritage Committee, City Council and COA ensures preservation of the property's character while incorporating luxurious upgrades for future generations. The coach house adds significant income potential, making this property equally enticing for both residing homeowners and investors. This elegant home combines historical integrity with modern luxury, offering a rare chance to own a piece of history with endless potential. Steps to Mill Pond, Top Schools, Beautiful Parks, Walking/Biking Trails, Hospital and close to All Amenities! (id:27476)
