106 Maxome Avenue

Nestled in the heart of North York, at 106 Maxome Avenue, this remarkable detached house is a prime opportunity for developers, builders, investors, or end-users seeking to create their dream luxury custom home. The property is situated in the highly sought-after Newtonbrook East community, which boasts a desirable location near the bustling intersection of Bayview and Cummer. This house for sale in North York presents an exceptional chance to secure a spacious lot in one of the most prestigious neighbourhoods in the area.

The residence at 106 Maxome Avenue, North York, features a well-structured backsplitted design, constructed from durable brick, ensuring both aesthetic appeal and longevity. With a generous lot size of 50 feet by 116 feet, this property offers ample space for various possibilities, whether you intend to renovate the existing structure or embark on a new construction project. The total number of rooms in this house for sale in North York amounts to nine, including five bedrooms and two bathrooms, making it an ideal setting for families or those looking to invest in a lucrative rental opportunity.

As you enter the house, you will find a welcoming family room, perfect for relaxation and gatherings. The main kitchen is well-appointed, allowing for culinary creativity and family meals. Although there is no additional kitchen or den, the layout of the house is thoughtfully designed to maximise space and functionality. The absence of a central vacuum system is notable, yet the central air conditioning ensures a comfortable living environment throughout the year.

The property also boasts a finished basement, providing additional living space that can be tailored to your needs, whether as a recreational area, home office, or extra storage. The presence of a fireplace adds a touch of warmth and charm to the home, creating a cosy atmosphere during the colder months. While the house does not feature a pool, the expansive outdoor area offers plenty of potential for landscaping or outdoor entertaining.

Parking is not an issue at 106 Maxome Avenue, North York, as the property includes a private driveway with space for up to four vehicles, along with an attached garage that accommodates 1.5 cars. This feature is particularly advantageous in a bustling area like North York, where parking can often be a challenge.

Moreover, the location of this house for sale in North York is simply unbeatable. Just steps away from Yonge Street, residents will enjoy easy access to a plethora of amenities, including shops, restaurants, and entertainment options. The Finch Subway station is also conveniently nearby, making commuting a breeze. Families will appreciate the proximity to reputable schools and parks, enhancing the overall appeal of this neighbourhood.

The combined frontage of 115 feet when considering the adjacent lot at 104 Maxome Avenue presents a rare offering for potential redevelopment. This house for sale in North York not only serves as a comfortable residence but also as a strategic investment opportunity. The possibility to sever the property into three separate lots is an enticing prospect for those looking to capitalise on the growing demand for housing in this affluent area. Buyers are encouraged to verify the intended use and severance potential with the City Planner to explore the full range of possibilities.

In conclusion, 106 Maxome Avenue, North York, stands as a remarkable property that embodies both comfort and investment potential. Whether you are looking to create your dream home or seeking a lucrative development opportunity, this house for sale in North York is not to be missed. Seize this rare chance to secure a large parcel in a prestigious neighbourhood, surrounded by multi-million-pound custom homes and within close proximity to essential amenities. Don’t let this opportunity pass you by; the perfect project awaits at 106 Maxome Avenue, North York.

Newtonbrook East, nestled within the vibrant city of North York, is a charming suburban enclave that offers a delightful blend of residential comfort and urban convenience. Characterised by its tree-lined streets and a mix of single-family homes and low-rise apartments, the area boasts a welcoming atmosphere for families and individuals alike. Residents enjoy easy access to a variety of amenities, including parks, schools, and shopping centres, while the nearby Finch subway station provides seamless connectivity to downtown Toronto. With its diverse population and a strong sense of local identity, Newtonbrook East presents an inviting option for those seeking a peaceful yet connected lifestyle in the Greater Toronto Area.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to various grade levels and language preferences. Finch Public School and Cummer Valley Middle School, both part of the Toronto District School Board, are situated just 0.9 km and 0.2 km away, respectively, offering English-language education for grades JK to 8. For secondary education, Newtonbrook Secondary School, located 2.1 km away, has a solid school rating of 6.2, while Thornlea Secondary School, 4.4 km away, boasts an impressive rating of 9, providing French-language instruction. Additionally, Blessed Trinity Catholic School and St. Joseph's Morrow Park Catholic Secondary School, both within a short distance of 0.9 km and 0.7 km, respectively, offer Catholic education in English, with ratings of 3.7 and 8.1. St. Cyril Catholic School, also nearby, provides education in French for grades JK to 8. This diverse selection of schools ensures that families have access to quality education options, making the property an attractive choice for those with children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,190 residents, characterized by an average household size of 1.8 individuals. The demographic profile reveals a mature community with an average age of 69.1 years. Economic indicators show an average household income of $61,800, with a significant portion of the population (38.8%) classified as low-income. The real estate market reflects high property values, with an average price of $1,800,000. A notable 75.43% of the residents are single, while households with children comprise 37.04% of the population. The area is also marked by a high immigrant presence, accounting for 80.51% of the community. Renting is prevalent, with 68.06% of residents identified as renters, and there are no condominiums available in the area. Educational attainment is relatively high, with 60.87% of the population holding a college or university degree. However, a substantial 63.48% of residents are not in the labor force, indicating a potentially retired demographic. Overall, the area presents a unique blend of mature residents, a high percentage of immigrants, and a significant rental market, making it a distinctive community.