A unique property in one of Toronto’s most picturesque areas has officially hit the market. This multi-family home for sale in the Scarborough Bluffs is actually two homes in one because the residence was designed for two families.
In an interview with Curiocity, Strata.ca broker Cliff Liu says that this luxury home can comfortably accommodate anywhere from 5 to 10 residents.
The owners put over $800,000 of work into converting this home into a multi-family dwelling by adding two bedrooms, two bathrooms, a second kitchen, and living space on the lower level.
In total, the multi-family home has over 5,000 square feet of interior living space and 1,500 square feet of outdoor living space spanning across 0.6 acres.
Multi-family homes like this are a rarity in Toronto. According to Liu, only less than 70 such homes have been transacted out of nearly 500,000 over the past 3 years.
But, what truly makes this home unique is its setting. “This is a very unique property in comparison to other multi-generational homes because of where it is situated,” said Liu.
The home is tucked away on a hidden cul-de-sac surrounded by nature right in the gorgeous Scarborough Bluffs.
It has the prestige of Rosedale or the Bridle Path, only with immediate water access and without the surrounding traffic and the need to fence yourself off from the onlookers, according to the listing.
The home has just gone up for sale and the open house will be held this weekend, on April 15th and 16th from 2 to 5 PM.
You could become the proud owner of 41 Meadowcliffe Drive for $3,988,888. And if you’re splitting the cost with a second family, it’s just shy of $2 million.