111 Kenwood Avenue

Opportunities like this are indeed rare, and you won't want to miss out on this fantastic Multi-Family Home for sale in Toronto ! Nestled at 111 Kenwood Avenue, Toronto, this purpose-built multiplex is a smart investment for anyone looking to enter the property market or expand their portfolio. The property boasts a prime location in the desirable Humewood-Cedarvale community, making it an attractive option for both families and investors alike.

This charming two-storey building features a robust brick exterior, which not only adds to its aesthetic appeal but also promises durability. With a total of 12 rooms, including six bedrooms and two additional rooms, this Multi-Family Home for sale in Toronto is designed to accommodate a variety of living arrangements. The layout includes two spacious three-bedroom units on the main and second floors, perfect for families or individuals seeking a comfortable living space. Additionally, there’s a generous two-bedroom suite on the lower level, which is flooded with natural light thanks to its large windows. This lower-level apartment is currently vacant, making it an ideal opportunity for an owner-occupier or an investor looking to maximise rental income.

At 111 Kenwood Avenue, Toronto, you will find two kitchens, ensuring that meal preparation is convenient for all residents. The property is equipped with shared laundry facilities, making it easy for everyone to keep their clothes fresh and clean. Each unit benefits from separate hydro meters, allowing for straightforward utility management. While the property does not feature a central vacuum system, air conditioning, or a fireplace, it does have a water heating system that provides warmth during the colder months.

Parking will never be a hassle with this Multi-Family Home for sale in Toronto, as it offers two parking spaces accessible via a rear laneway. The lot measures a generous 25 by 130 feet, providing ample outdoor space for residents to enjoy. Although there is no garage, the lane access ensures that parking is convenient and straightforward.

The location of 111 Kenwood Avenue, Toronto, is simply unbeatable. Situated within walking distance to the St. Clair West subway, residents will have easy access to public transport, making commuting a breeze. Furthermore, the property is located in the sought-after Humewood School district, which is a significant draw for families with children. The vibrant community of Humewood-Cedarvale offers a blend of urban living with a touch of suburban charm, making it an ideal place to call home.

As you explore this Multi-Family Home for sale in Toronto, you will appreciate the thoughtful design and layout that cater to modern living. The property is currently configured to house multiple families, but it also presents an excellent opportunity for an investor looking to generate rental income. With two upper units already rented out, the potential for steady cash flow is evident. The lower level suite, being vacant, allows for immediate occupancy or the chance to find a tenant at your convenience.

In summary, 111 Kenwood Avenue, Toronto, is a remarkable Multi-Family Home for sale in Toronto that combines a prime location, spacious living arrangements, and the potential for rental income. Whether you're looking to invest or seeking a new home for your family, this property is worth considering. Don't miss out on this rare opportunity to own a piece of the vibrant Humewood-Cedarvale community!

Humewood-Cedarvale is a charming and diverse neighbourhood nestled in the heart of Toronto, characterised by its lush green spaces and a strong sense of community spirit. Bordered by the picturesque Cedarvale Park, residents enjoy ample opportunities for outdoor activities, from leisurely strolls to picnics amidst nature. The area boasts a mix of architectural styles, with beautiful homes that reflect its rich history. Conveniently located near public transport, Humewood-Cedarvale offers easy access to the vibrant amenities of the city while maintaining a tranquil, suburban feel. With a variety of local shops, cafes, and schools, it presents an inviting atmosphere for families and individuals alike, making it an ideal place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of academic needs. Just 0.4 km away, Humewood Community School offers both English and French instruction for grades JK to 8, boasting a solid school rating of 6.8. Additionally, Holy Rosary Catholic School, situated 0.7 km from the property, provides a strong Catholic education for grades JK to 8, with an impressive rating of 8.7. For secondary education, Forest Hill Collegiate Institute is located 1.9 km away, although it currently has no rating. Loretto College School, also a Catholic institution, is available for grades 9 to 12 at a distance of 2.0 km, with a rating of 6. Moreover, Marshall McLuhan Catholic Secondary School, offering French language instruction, is 2.6 km away and has a rating of 6.6. The proximity to these schools makes this property an excellent choice for families prioritizing education, with options in both public and Catholic schooling systems. Overall, the area is well-served by a variety of educational facilities, ensuring that children have access to quality learning environments.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 685 residents, with an average household size of 2.2. The demographic profile indicates a relatively mature community, with an average age of 39.4 years. The average household income stands at $95,000, although 13.8% of the population is classified as low-income. The real estate market is characterized by high property values, with an average price of $1,440,000. A significant portion of the population is single, comprising 57.63%, while households with children make up 41.18%. The community is notably diverse, with 49.23% of residents being immigrants. The rental market is strong, with 76.79% of residents renting their homes, and there are no condominiums available in the area. Education levels are high, as 74.07% of residents hold a college or university degree. However, 22.22% of the population is not participating in the labor force, indicating a mix of employment statuses within the community. Overall, this area presents a blend of demographic characteristics that reflect a vibrant, educated, and diverse population.