116 Jones Avenue

Presenting an exceptional opportunity to acquire a remarkable house for sale in Toronto , located at 116 Jones Avenue, Toronto. This detached, two-storey residence is nestled in the vibrant community of South Riverdale, a highly sought-after neighbourhood renowned for its charm and accessibility. With a generous lot size of 18 x 80 feet, this property boasts a well-maintained exterior of brick veneer and vinyl siding, ensuring both durability and aesthetic appeal.

The house for sale in Toronto features a total of six rooms, including two spacious bedrooms and a versatile den, which can serve as a home office or additional living space. The property is equipped with three bathrooms, providing ample convenience for residents and guests alike. Notably, this home includes two kitchens, making it ideal for those who appreciate culinary pursuits or for accommodating multiple families. The main floor unit and the upper unit each feature a one-bedroom layout, while the basement unit also offers a one-bedroom configuration, providing flexibility for various living arrangements.

As you explore this house for sale in Toronto, you will appreciate the absence of a family room, which allows for a more open and adaptable living environment. Central air conditioning ensures comfort throughout the seasons, while the forced air heating system provides efficient warmth during the colder months. Although there is no fireplace or central vacuum system, the property is unfurnished, allowing you the freedom to personalise the space to your taste.

Parking is a notable advantage, with one designated space available, although there is no garage or driveway. The property is connected to municipal water and sewer services, ensuring reliable utility access. Furthermore, the absence of a swimming pool means that maintenance is kept to a minimum, allowing you to focus on enjoying the vibrant lifestyle that South Riverdale offers.

The basement of this house for sale in Toronto is particularly noteworthy, as it features a self-contained apartment, providing additional income potential or the perfect space for guests. The communal coin laundry facility generates approximately £60 per month, further enhancing the investment appeal of this property. With all units currently tenanted on a month-to-month basis, you have the flexibility to either maintain the fully tenanted status or move into one of the units and benefit from supplemental income.

Living at 116 Jones Avenue, Toronto, means being just steps away from an array of shops, restaurants, and parks, making it an ideal location for those who enjoy an active lifestyle. The neighbourhood is pedestrian and cyclist-friendly, with a TTC stop conveniently located at your doorstep, ensuring easy access to public transport and the wider city.

This house for sale in Toronto presents endless potential for both investors and homebuyers alike. Whether you are looking to expand your property portfolio or seeking a charming residence in a thriving community, this home offers the perfect blend of comfort, convenience, and opportunity.

Do not miss out on this unique chance to own a property in one of Toronto's most desirable areas. Schedule a viewing today and explore the possibilities that await you at 116 Jones Avenue, Toronto. With its prime location and versatile living arrangements, this house for sale in Toronto is sure to attract interest from a wide range of buyers. Please allow 24 hours for showings to ensure a thorough viewing experience.

South Riverdale, nestled in the vibrant city of Toronto, is a charming neighbourhood that beautifully blends urban living with a strong sense of local character. Bordered by the Don River to the east and the bustling streets of Leslieville to the west, this area boasts a rich tapestry of diverse cultures, artistic flair, and a welcoming atmosphere. Residents enjoy an array of parks, trendy cafes, and unique boutiques, all within easy reach of the city’s amenities. The community is well-connected by public transport, making it convenient for commuting while offering a peaceful retreat from the hustle and bustle of downtown life. With its mix of historic homes and modern developments, South Riverdale is an inviting place for those seeking a dynamic yet relaxed lifestyle in one of Toronto's most sought-after locales.

Schools in the Neighbourhood

This property is ideally situated near a variety of educational institutions, catering to families with children of all ages. Within a short distance, you will find Leslieville Junior Public School and St. Joseph Catholic School, both just 0.2 km away, offering quality elementary education with ratings of 6.5 and 6.6, respectively. Bruce Public School, located 0.5 km away, provides education from JK to grade 8, with a school rating of 5.3. For secondary education, Monarch Park Collegiate Institute is a notable option at 1.8 km, boasting a commendable rating of 8.3. Additionally, Duke of Connaught Junior and Senior Public School, 1.0 km away, offers a French-language curriculum for grades JK to 8, rated at 5.8. St. Patrick Catholic Secondary School, located 1.5 km away, serves grades 9 to 12 with a rating of 6.9, while Holy Name Catholic School, 1.7 km away, provides a French-language elementary education for younger children, rated at 7.3. This diverse selection of schools ensures that families can find the right fit for their educational needs, enhancing the appeal of this property for potential buyers.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, vibrant community with a population of 456 residents. The average household consists of 2.6 individuals, with a median age of 37.2 years, indicating a relatively young population. The average household income stands at an impressive $144,000, reflecting the area's affluence, though 8.8% of the population is classified as low-income. The housing market is robust, with an average property price of $1,220,000. A significant portion of the community is single (51.32%), while one-third of households (33.33%) include children, highlighting a family-friendly environment. The area is also home to a diverse population, with 22.78% of residents being immigrants. Renters make up 36.36% of the housing demographic, and there are currently no condominiums available in the area. Education levels are high, with 59.7% of residents holding a college or university degree. However, a notable 41.79% of the population is not in the labor force, suggesting potential opportunities for economic development. Overall, this community presents a blend of stability, diversity, and educational attainment, making it an attractive location for prospective homeowners.