House of the Week: $1.6 million for a Little Italy Victorian with a rental unit
Address: 392 Markham Street
Neighbourhood: Palmerston-Little Italy
Agent: Ophira Sutton, Sutton Group-Associates Realty Inc., Brokerage
Price: $1,590,000
The Place: A well-maintained Victorian semi in Little Italy, with lots of classic details.
Bragging Rights: Many of Toronto’s Victorians have been stripped of any character by super-contemporary renos, while others are in serious need of work. This one falls in the middle, with well-maintained antique fireplaces, crown moulding and decorative ceiling medallions.
Big Selling Point: The self-contained unit on the third floor is currently being used as an income property. It has a kitchen, bathroom and private deck.
Possible Deal Breaker: The master bedroom doesn’t have an en suite bathroom, but the third floor has the potential to be transformed into a luxurious master suite—provided the new owner is willing to oust the current tenant.
By The Numbers:
• $1,590,000
• $8,404.98 in property taxes (2014)
• 2,945 square feet
• 1,186-square-foot partially finished basement
• 12-foot ceilings on the main floor
• 5 bedrooms
• 3 bathrooms
• 3 storeys
• 3 fireplaces
• 2 kitchens
• 1 self-contained third-floor unit
• 1 upper deck
• 1 parking spot
308769 The house is a semi. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-1-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-1.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-1.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-1/ toronto-house-of-the-week-392-markham-street-1 0 0
308770 The interior is renovated, but a lot of the older woodwork is still intact, albeit covered in white paint. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-2-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-2.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-2.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-2/ toronto-house-of-the-week-392-markham-street-2 0 0
308771 The living room has some nice details, like the old fireplace and the ceiling medallion. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-3-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-3.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-3.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-3/ toronto-house-of-the-week-392-markham-street-3 0 0
308772 Here's the dining room. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-4-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-4.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-4.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-4/ toronto-house-of-the-week-392-markham-street-4 0 0
308773 The kitchen has a walk-in pantry. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-5-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-5.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-5.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-5/ toronto-house-of-the-week-392-markham-street-5 0 0
308774 There are four bedrooms on the second floor of the house. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-6-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-6.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-6.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-6/ toronto-house-of-the-week-392-markham-street-6 0 0
308776 Here's one bedroom, currently being used as a den. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-8-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-8.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-8.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-8/ toronto-house-of-the-week-392-markham-street-8 0 0
308777 Another bedroom. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-9-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-9.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-9.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-9/ toronto-house-of-the-week-392-markham-street-9 0 0
308778 Yet another bedroom. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-10-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-10.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-10.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-10/ toronto-house-of-the-week-392-markham-street-10 0 0
308775 And the master bedroom has a bay window and some stained glass. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-7-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-7.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-7.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-7/ toronto-house-of-the-week-392-markham-street-7 0 0
308779 None of the bedrooms have en suite bathrooms. They all share this one. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-11-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-11.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-11.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-11/ toronto-house-of-the-week-392-markham-street-11 0 0
308780 The third floor has its own self-contained rental suite. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-12-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-12.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-12.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-12/ toronto-house-of-the-week-392-markham-street-12 0 0
308781 Here's the third-floor kitchen. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-13-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-13.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-13.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-13/ toronto-house-of-the-week-392-markham-street-13 0 0
308782 The third-floor bedroom. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-14-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-14.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-14.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-14/ toronto-house-of-the-week-392-markham-street-14 0 0
308783 And the third-floor bathroom. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-15-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-15.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-15.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-15/ toronto-house-of-the-week-392-markham-street-15 0 0
308784 There's not much going on in the basement, though there is a bathroom and a walk-in cedar closet down here. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-16-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-16.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-16.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-16/ toronto-house-of-the-week-392-markham-street-16 0 0
308785 The basement bathroom. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-17-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-17.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-17.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-17/ toronto-house-of-the-week-392-markham-street-17 0 0
308786 And the view from the back. https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-18-150x150.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-18.jpg https://torontolife.com/wp-content/uploads/2015/03/toronto-house-of-the-week-392-markham-street-18.jpg 1200 800 [] https://torontolife.com/real-estate/house-of-the-week-392-markham-street/slide/toronto-house-of-the-week-392-markham-street-18/ toronto-house-of-the-week-392-markham-street-18 0 0
The rental is on the 3rd floor? That’s bizarre.
TOlife readers: in your estimation, how much does a rental like this one bring in monthly?
Sold for $1.8m.
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