46 Reed Ave

For Sale 335 Days
$1,499,000
beds
baths
4,280 Sqft

46 Reed Ave

For Sale 335 Days
$1,499,000
beds
baths
4,280 Sqft

Highlights

Key insights

Description

  • Home value ($/Sqft)
    $350/Sqft
  • Time on Houseful
    335 days
  • Property type
    Multi-family
  • Lot size
    0.53 Acre
  • Year built
    1913
  • Mortgage payment

ASSET & BUSINESS. Welcome to ""Macklem House"", a 1913 Maxwell-designed Beaux Arts/Shingle-style masterpiece in the heart of St. Andrews by-the-Sea, Canadas oldest resort town. Built as a summer residence for prominent Toronto lawyer Oliver Macklem, who played a role in the town's transformation into a premier resort destination, the home is a testament to this historic period. Situated on the prominent Reed Avenue, the property boasts unparalleled visibility, with every visitor to town passing its prime location. The Macklem House features two fully renovated apartments, each with private entrances and updated kitchens, bathrooms, and appliances, offering potential rental income. The commercial space exudes timeless elegance with original hardwood floors, French doors, and two washrooms, making it ideal for retail, office, or event use. Extensive updates include a new roof (2017), painted exterior (2022), and upgraded dormers (2023). The wraparound veranda, Corinthian pilasters, diamond-paned windows, and sprawling front lawn provide unmatched charm and flexibility for outdoor gatherings or summer retail. Included in the sale is the thriving Macklem House Antiques business, featuring a vast inventory of furniture and collectibles. With paved parking and a storied history tied to the prestigious Maxwell brothers, this property is more than a homeit's an opportunity to own a piece of Canadian heritage with endless potential. Better call to schedule your private viewing today! (id:63267)

Paul Logan of Keller Williams Capital Realty,
#NB109440
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Heat source
    Electric
  • Heat type
    Baseboard heaters
  • Sewer/ septic
    Municipal sewage system
Lot/ Land Details
  • Lot dimensions
    2161
Overview
  • Lot size (acres)
    0.5339758
  • Building size
    4280
  • Listing #
    Nb109440
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/27667866/46-reed-avenue-saint-andrews
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-3,997

/ Month
25 Years fixed, 20% down payment, % interest
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