1042 Dundas Street E

Introducing an exceptional opportunity to acquire a house for sale in Toronto , located at 1042 Dundas Street E, Toronto. This semi-detached, two-storey brick residence is nestled in the vibrant South Riverdale community, an area renowned for its lively atmosphere and convenient amenities. With its prime location, this property boasts remarkable potential, making it an ideal choice for both families and savvy investors alike.

The house features three well-proportioned bedrooms and an additional den, providing ample space for comfortable living. With a total of seven rooms, including two kitchens and a family room, this house for sale in Toronto is designed to cater to a variety of lifestyles. The layout offers flexibility, making it suitable for those looking to create their dream home or for investors seeking a property with rental potential. The separate entrance to the basement apartment further enhances its appeal, allowing for privacy and independence.

While the property does not include a pool or a fireplace, it compensates with its generous dimensions and practical features. The lot measures 17 by 100 feet, providing a good-sized outdoor space that can be transformed into a charming garden or patio area. Although there is no central vacuum system, the house is equipped with municipal water and sewer services, ensuring all essential utilities are readily available.

The heating system is forced air, ensuring a warm and inviting atmosphere during the colder months. It is worth noting that the property does not come furnished, allowing new owners the freedom to personalise the space to their liking. Additionally, the absence of air conditioning may be a consideration for some; however, the design of the house allows for natural ventilation and light.

Parking is available with one designated space, although there is no garage or driveway. This aspect is often a consideration in urban settings, but the location of 1042 Dundas Street E, Toronto, makes it easy to access public transport. The area is well-served by the 24-hour TTC, and direct access to the DVP is conveniently located off Dundas, making commuting a breeze.

The neighbourhood surrounding this house for sale in Toronto is a true highlight. Situated smack dab in the middle of Riverdale and Leslieville, it is just a stone's throw away from Queen Street, Logan Avenue, Gerrard Street, and Broadview Avenue. These streets are known for their eclectic mix of shops, cafes, and restaurants, ensuring that residents have everything they need within walking distance. The vibrant community atmosphere is palpable, making it one of the hottest neighbourhoods in the city.

This property is currently configured as a triplex, offering endless possibilities for those with a vision. Whether you are a handyman or a renovator, the potential to convert this house into a single-family home with a full basement apartment is an exciting prospect. The flexibility of the layout allows for creative renovations that can enhance both the functionality and value of the property.

In conclusion, this house for sale in Toronto at 1042 Dundas Street E, Toronto, presents an outstanding opportunity for those looking to invest in a dynamic and desirable location. With its spacious layout, excellent potential for renovation, and proximity to key amenities, this property is sure to attract considerable interest. Don’t miss your chance to explore the possibilities that await in this remarkable home. Whether you are seeking a family residence or an investment opportunity, this house for sale in Toronto is not to be overlooked.

South Riverdale, nestled in the vibrant city of Toronto, is a charming and eclectic neighbourhood known for its rich cultural tapestry and strong sense of local identity. Bordered by the picturesque Don River and a short stroll from the bustling streets of Leslieville, it offers a delightful mix of historic homes, trendy cafes, and artisanal shops. The area boasts an array of parks and green spaces, perfect for leisurely strolls or family outings. With a strong community spirit and a diverse population, South Riverdale is an inviting place for new residents seeking a lively urban atmosphere combined with a welcoming, neighbourhood feel. Its convenient access to public transport makes it easy to explore all that Toronto has to offer, while still enjoying the unique charm of this distinctive locale.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.3 km, Dundas Junior Public School offers elementary education for grades JK to 5, followed closely by Queen Alexandra Middle School, which caters to grades 6 to 8 and is only 0.5 km away. For secondary education, Monarch Park Collegiate Institute is situated 2.5 km from the property and boasts an impressive school rating of 8.3, serving grades 9 to 12. Additionally, Duke of Connaught Junior and Senior Public School, located 1.9 km away, provides a French-language curriculum for grades JK to 8, with a school rating of 5.8. St. Joseph Catholic School, just 1.1 km away, offers a Catholic education for grades JK to 8 and has a rating of 6.6. For older students, St. Patrick Catholic Secondary School is 2.1 km from the property and has a rating of 6.9. Lastly, Holy Name Catholic School, located 1.5 km away, serves grades JK to 3 in French, with a rating of 7.3. This diverse array of schools ensures quality education options for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 657 residents, characterized by an average household size of 1.9 individuals. The demographic profile reveals an average age of 49 years, with a significant portion of the population, 52.63%, identifying as single. The average household income stands at a robust $109,600, although 21.6% of the population is classified as low-income. Housing prices in the area average around $1,200,000, reflecting the demand and desirability of the neighborhood. Notably, 46.67% of households have children, and a substantial 55.07% of residents are renters, indicating a diverse living situation. The community is also marked by a high immigrant population, accounting for 43.09%, and a strong educational background, with 57.41% holding a college or university degree. However, nearly half of the population, 49.07%, is not in the labor force, suggesting potential economic challenges. Additionally, the area has a low percentage of condominiums at 2.9%, which may influence housing options for prospective buyers or renters. Overall, this demographic snapshot highlights a vibrant, yet economically diverse community with a mix of families, singles, and a notable immigrant presence.