This home is a must see for those looking for an incredible opportunity to own a piece of history with the practicality of modern conveniences and significant rental income. One of the most recognizable homes in the area, 21 Cathcart Square began life as a single home in 1852 built by carpenter Archibald McMullin as his personal residence. In 1885 the home was divided into two residences, as it remains today, with 21 Cathcart Square facing the beautiful treed Cathcart Square park, and 247 Cathcart Street facing South. Jumping ahead to the mid 80’s, the home was purchased by new owners who spent their professional and private lives advocating for architectural heritage. Over the next three decades the home was meticulously upgraded and updated through extremely well-thought-out, carefully executed and documented renovations. The home presents a unique opportunity to own two separate and unique residences, perfectly suited for co-owning with family, friends or keeping the current tenants.
21 Cathcart Square:
21 Cathcart Square enjoys the benefits of many of the aforementioned renovations and updates. Currently owner occupied, the home is in excellent condition and has been extremely well maintained and cared for. The incredible features of the home greet you from the moment you walk in the front door. The radiator covers were carefully constructed to include storage, and the architecturally interesting wall serves as a separation between the hallway and living room or possibly the perfect spot for a flat screen TV. . The large dining room features a barrel ceiling, custom chandelier, and plenty of room to entertain in style. Immediately off the dining room is the butlers pantry with feature ceiling, perfect for displaying and storing all your drink and serving ware. On the way to the kitchen is a sunny breakfast nook well suited for a quick bite and an email or two. The kitchen, filled with sunlight through two skylights and two windows, offers significant counter and storage space within the cherry cabinets, accented by a modern glass tile backsplash and double sink with drying tray. Just off the kitchen you are presented with three paths to choose from: the cozy sunroom for a morning coffee, the large back patio for barbecuing and entertaining or the quiet and private side garden for a romantic dinner. At the rear of the home are two parking spaces and two cleverly concealed sheds that offer plenty of storage. On the second floor you find the master bedroom, laundry, family room and main bath. The bright master bedroom features a wall of custom closets and custom lighting. The main bath, designed after an edwardian gentleman’s club, includes custom lighting, great storage and a jet tub with classic telephone faucet. The second floor family room is a great spot to curl up with a book from the built in bookcases or relax, watching your favourite TV show, with the afternoon sun pouring in. The family could also be easily converted back to a bedroom should a third bedroom be required. The rustic styled staircase leads to the third floor loft which surprises you with a full a bath, custom storage, and setup perfect for an office/guest room or a full time bedroom.
247 Cathcart has been rented at $1650/month + utilities to great tenants that would love to stay. Benefiting from the southwestern exposure this house house is one of light.
Systems and Recent Maintenance
Entire Home Painted in 2013 and rotten siding replaced.
Front Porches replaced on both homes. 2014
21 Cathcart Square
Boiler: 1998 Natural gas boiler
Hot water tank:Rented
247 Cathcart Street
Furnace: 2006, Lennox High Efficiency Gas Forced Air
Hot Water Tank: Owned, electric tank.
21 Cathcart Hydro: $142/month
21 Cathcart Gas: $115/month
21 Cathcart Water: $40/month
21 Cathcart alarm contract: $44/month Reliance Protectron.
247 Cathcart Water: $32
247 Cathcart Street Rental: $1650/month + utilities. Owner currently paying for water at 247 Cathcart. Tenants are on a month to month lease currently and are willing to stay.