11 Olive Avenue

If you’re on the hunt for a house for sale in Toronto , look no further than this gem at 11 Olive Avenue, Toronto. Nestled in the vibrant Annex community, this semi-detached house is brimming with potential and character, making it a fantastic opportunity for those with a vision. With a building style of 2 1/2 storeys and an exterior of sturdy brick, this property has stood the test of time, boasting an impressive age of over 100 years.

As you step inside this house for sale in Toronto, you’ll be greeted by an expansive layout featuring a total of eight rooms. The main kitchen is perfectly positioned for family gatherings or entertaining friends, although there’s no additional kitchen to worry about. The house includes three spacious bedrooms, providing ample room for a growing family or guests. With two bathrooms, mornings can be a bit more manageable, even during the busiest of times.

While the house does not come furnished, it offers a blank canvas for you to infuse your personal style and flair. The absence of a den and family room means you have the freedom to design these spaces as you see fit. The unfinished walk-up basement presents an exciting opportunity for those looking to create additional living space or even a private retreat. However, do keep in mind that there’s no central vacuum system, so a bit of elbow grease will be needed to maintain this lovely home.

One of the standout features of this house for sale in Toronto is the central air conditioning, ensuring you stay cool during those hot summer months. Unfortunately, there’s no fireplace to cosy up to during the chilly winters, but the forced air heating system will keep you warm and toasty. The property is connected to municipal water and sewer, making life a bit easier without the hassle of wells or septic systems.

The lot measures a generous 15 by 103 feet, providing a decent outdoor space for gardening or simply enjoying the fresh air. While there’s no pool or garage space, the location more than makes up for it. Situated just a stone’s throw away from Vermont Park, Palmerston Public School, and the Bill Bolton Arena, this house for sale in Toronto is perfect for families looking for convenience and community. Plus, with easy access to transit, cafés, and shops along Bloor Street West near Bathurst Street, you’ll find everything you need right at your doorstep.

This property is offered in an as-is, where-is condition, which means it’s an exceptional canvas for those looking to design something truly special in a prime, walkable location. Imagine transforming this character-rich house into a striking “wow” home that reflects your personal taste and lifestyle. The soaring cathedral ceilings and skylights are just waiting for the right designer to come along and reimagine the space into something spectacular.

In summary, if you’re looking for a house for sale in Toronto that offers both potential and a fantastic location, 11 Olive Avenue, Toronto, should be at the top of your list. With its rich history and ample space, this property is perfect for visionaries and end-users alike. Don’t miss out on the chance to create your dream home in one of Toronto’s most dynamic neighbourhoods. Come and see for yourself what this house has to offer, and let your imagination run wild!

The Annex is a vibrant and eclectic neighbourhood in Toronto, renowned for its rich cultural heritage and architectural charm. Nestled just north of the bustling downtown core, this area boasts a delightful mix of historic Victorian homes and modern condominiums, creating a unique urban landscape. The Annex is home to a diverse population, including students, artists, and professionals, contributing to its lively atmosphere. With an array of boutique shops, cafés, and restaurants lining its streets, residents enjoy a vibrant social scene. Additionally, the proximity to the University of Toronto and various cultural institutions, such as the Royal Ontario Museum, makes it an intellectually stimulating environment. Overall, the Annex offers a dynamic urban lifestyle, blending historic charm with contemporary conveniences.

Schools in the Neighbourhood

This property is conveniently located near several reputable educational institutions, catering to a range of grade levels and educational preferences. The closest option is Palmerston Avenue Junior Public School, just 0.2 km away, which offers a strong academic program for students from Junior Kindergarten to Grade 6, boasting a commendable rating of 8.5. For families with older children, Harbord Collegiate Institute, located 1.0 km away, provides secondary education for grades 9 to 12 and has an impressive rating of 8.8. Other nearby schools include Essex Junior and Senior Public School (0.7 km) with a rating of 5.9, and Lord Lansdowne Junior Public School (1.6 km), which offers French immersion but currently has a low rating. Additionally, several Catholic schools are within a short distance, such as St. Bruno / St. Raymond Catholic School (1.1 km, rating 5.5) and Holy Rosary Catholic School (1.7 km, rating 8.7). This diverse selection of schools, both public and Catholic, ensures that families have ample choices for their children's education, making this property an excellent choice for families prioritizing education.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 638 residents, with an average household size of 2.1 individuals. The community is characterized by a median age of 40.4 years and an average household income of $122,000, indicating a relatively affluent demographic. However, 16% of the population is classified as low-income. The average property price in the area is $1,480,000, reflecting the high demand and value of real estate. A significant portion of the population, 47.27%, is single, while 38.24% of households have children, highlighting a mix of family structures. Immigrants make up 21.74% of the population, contributing to the area's diversity. Additionally, 57.89% of residents are renters, with only 7.02% living in condominiums. The educational attainment is notably high, with 74.49% of the population holding a college or university degree. However, 22.45% of residents are not in the labor force, which may reflect various factors, including retirement or other personal choices. Overall, the demographic profile suggests a well-educated, diverse, and relatively affluent community with a mix of family and single-person households.