103 Gloucester Street

Introducing a remarkable opportunity with this Multi-Family Home for sale in Toronto , located at 103 Gloucester Street, Toronto. This property is situated in the vibrant Church-Yonge Corridor, an area renowned for its dynamic community and proximity to various amenities. The building is a charming 2 1/2 storey multiplex, constructed from enduring brick, which adds to its character and appeal.

This Multi-Family Home for sale in Toronto features a generous total of 15 rooms, including five spacious bedrooms and a den, making it an ideal choice for both investors and homeowners alike. The layout consists of three separate units, comprising two units with two bedrooms each and one loft-style unit with one bedroom. This flexible arrangement allows for a variety of living situations, whether you wish to maintain the current setup or convert it into a more personalised family residence.

As you step inside this Multi-Family Home for sale in Toronto, you will be greeted by soaring ceilings and large windows that fill the space with an abundance of natural light. The open and airy living areas create a grand and inviting atmosphere, perfect for entertaining or simply enjoying day-to-day life. Notably, the property features exposed brick accents that add a touch of rustic charm, enhancing the overall aesthetic of the home.

The kitchen facilities are particularly impressive, with three kitchens available to cater to the needs of the separate units. However, it is worth noting that there is no additional kitchen, which may be a consideration for those looking to expand culinary options. Each unit is designed to provide comfort and functionality, ensuring that residents can enjoy their own private space while still being part of a larger community.

In terms of amenities, this Multi-Family Home for sale in Toronto is equipped with central air conditioning, ensuring a comfortable living environment throughout the warmer months. Additionally, there is a family room that serves as a communal space for relaxation and socialising. However, it is important to mention that the property does not feature a central vacuum system, pool, or fireplace, which may influence your decision based on personal preferences.

The home is serviced by municipal water and sewer systems, providing essential utilities for everyday living. The basement is currently unfinished, presenting an opportunity for potential buyers to customise and develop this space according to their needs. The lot measures 24 x 124 feet, offering a decent outdoor area for various activities, although there is no garage space or driveway included with the property.

Located at 103 Gloucester Street, Toronto, this Multi-Family Home for sale in Toronto is ideally positioned in the heart of the downtown core. The vibrant neighbourhood is filled with an array of shops, restaurants, and entertainment options, making it an attractive place to live or invest. The property is being sold under power of sale in "as-is, where-is" condition, which presents an exciting challenge for those looking to craft something truly special.

With its unique features and prime location, this Multi-Family Home for sale in Toronto is a rare gem that offers endless possibilities. Whether you are an investor seeking a lucrative opportunity or a homeowner looking to create a personalised living space, this property at 103 Gloucester Street, Toronto, is worth considering. Don’t miss out on the chance to explore the potential that this home has to offer in one of Toronto's most sought-after communities.

The Church-Yonge Corridor, nestled in the heart of Toronto, is a vibrant and dynamic neighbourhood that seamlessly blends urban living with a rich tapestry of cultural offerings. Characterised by its towering skyscrapers and bustling streets, this area is a hub of activity, featuring a diverse array of shops, restaurants, and entertainment venues. Residents enjoy easy access to public transport, making it convenient to explore the rest of the city. The corridor is also home to a variety of green spaces, providing a welcome respite from the urban hustle. With its lively atmosphere and central location, the Church-Yonge Corridor presents an enticing option for those seeking a cosmopolitan lifestyle in one of Canada's most exciting cities.

Schools in the Neighbourhood

This property is ideally situated near a variety of educational institutions, catering to families with children of different ages and preferences. Within a short distance, you will find Church Street Junior Public School (0.4 km) and Our Lady of Lourdes Catholic School (0.5 km), both offering strong elementary programs with ratings of 6 and 6.7, respectively. For older students, Jarvis Collegiate Institute (0.2 km) provides a solid high school experience, although it has a moderate rating of 3.8. Winchester Junior and Senior Public School, located 0.7 km away, serves grades SK to 8 but currently has a rating of 0. Additionally, St. Joseph's College School (0.8 km) is an excellent choice for high school students, boasting a rating of 7.2. Other nearby options include French language schools like Lord Lansdowne Junior Public School (2.0 km) and Holy Name Catholic School (2.8 km). Overall, this area offers a diverse selection of public and Catholic schools, ensuring that families have access to quality education in both English and French.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, diverse community with a population of 1,068 residents as of 2021. The average household size is notably low at 1.6, with a significant portion of the population being single, accounting for 57.84%. The average age in the community is 39 years, and the average household income stands at $79,200, although 15.4% of the population is classified as low-income. The housing market reflects a high average price of $1,400,000, with a striking 95.65% of residents being renters and no condominiums available. Families with children represent 15.91% of households, indicating a modest presence of young families in the area. The community is also characterized by a high level of education, with 74.15% of residents holding a college or university degree. Additionally, a significant portion of the population, 34.58%, consists of immigrants, contributing to the area's cultural diversity. However, 22.88% of residents are not in the labor force, suggesting potential economic challenges. Overall, this area presents a unique blend of demographics that may appeal to various prospective buyers or investors.