13 Gore Street

Introducing a remarkable opportunity to acquire a stunning house for sale in Toronto , located at 13 Gore Street, Toronto. This semi-detached, two-storey residence is nestled in the highly sought-after Trinity-Bellwoods community, renowned for its vibrant atmosphere and a plethora of local amenities. With a walk score of 96% and a rider's paradise rating of 92%, this property is perfectly positioned for those who appreciate a lively urban lifestyle, making it an ideal choice for singles, young investors, or families who thrive in a communal living environment.

The address, 13 Gore Street, Toronto, boasts three spacious bedrooms and an additional den, providing ample room for comfortable living. The house features a total of seven rooms, including two well-appointed kitchens, making it versatile for various living arrangements. Currently, the property is configured as two units: the main floor hosts a three-bedroom apartment with two bathrooms, while the finished basement, which has a separate entrance, can be rented out as an independent unit. This arrangement offers a unique opportunity for potential homeowners or investors to live comfortably while generating rental income.

The house for sale in Toronto is designed with modern living in mind. The main floor features a stunning open-concept layout that is both inviting and functional. The large, contemporary kitchen is equipped with granite countertops and offers two walkouts to expansive covered decks at both the front and back of the property, perfect for entertaining or simply enjoying the outdoors. The second floor features a trendy and intimate walkout to an open balcony, where you can relish breathtaking views of the CN Tower, adding a touch of urban elegance to your living experience.

Despite its many features, it is important to note that this house does not include a fireplace, central vacuum system, or air conditioning, which may be considerations for potential buyers. However, the property does benefit from forced air heating, municipal water, and sewer services, ensuring a comfortable living environment year-round. Additionally, the house is unfurnished, allowing you the freedom to personalise the space to your taste.

Situated on a 16 x 71 feet lot, the property offers one designated parking space accessible via a lane, which is a valuable asset in this bustling area. Although there is no garage space, the convenience of the driveway allows for easy access. The absence of a pool may be a drawback for some, but the proximity to local parks and recreational areas compensates for this, providing ample opportunities for outdoor activities and relaxation.

The location of 13 Gore Street, Toronto, is truly unbeatable. With an array of amenities just a stone's throw away, daily errands become a breeze. You can easily walk or bike to popular destinations such as the University of Toronto, Kensington Market, Chinatown, Rogers Centre, Sankofa Square, and even the lake. The community is alive with fitness activities, arts, concerts, film festivals, and a rich cultural scene that caters to diverse interests.

The current owner has maintained the property meticulously over the past 13.5 years, investing in significant upgrades, including newer foundation parging, front soffits, metal front siding, and a new roof around the back deck. These enhancements ensure that the house for sale in Toronto is not only visually appealing but also structurally sound.

This property presents an attractive investment opportunity, with a gross income of nearly £44,000 per year. With a unique cap rate of 4.98%, which is notably higher than the area range of 3.75% to 4.25%, this house for sale in Toronto is an exceptional choice for buyers seeking a stable and low-risk investment with strong potential for future price appreciation.

Don’t miss out on this incredible opportunity to own a piece of Toronto’s vibrant community. Whether you choose to live in the property, rent it out, or utilise it as a dual-income investment, the possibilities are endless. Contact us today to arrange a viewing of this outstanding house for sale in Toronto at 13 Gore Street, Toronto.

Trinity-Bellwoods is a vibrant and eclectic neighbourhood nestled in the heart of Toronto, renowned for its lush green spaces and artistic flair. Dominated by the expansive Trinity Bellwoods Park, the area offers a delightful blend of urban living and natural beauty, making it a haven for outdoor enthusiasts and families alike. The streets are lined with charming Victorian homes, trendy boutiques, and a diverse array of cafés and eateries, reflecting the community's creative spirit. With a strong sense of local culture and a welcoming atmosphere, Trinity-Bellwoods is an ideal locale for those seeking a dynamic urban lifestyle while still enjoying the tranquillity of nature.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to various age groups and educational preferences. The highly-rated Clinton Street Junior Public School, just 0.4 km away, offers a strong elementary education from JK to grade 6, boasting a school rating of 9. For older students, Harbord Collegiate Institute, located 0.8 km away, provides secondary education for grades 9 to 12 with a commendable rating of 8.8. Additionally, Delta Alternative Senior School, situated 0.6 km from the property, serves grades 7 to 8, although it currently has a lower rating of 0. For families seeking a Catholic education, St. Francis Assisi Catholic School is only 0.2 km away, offering grades JK to 8 with a rating of 4.7. Other nearby options include St. Joseph's College School for high school students and St. Mary Catholic School for younger grades, both within a reasonable distance. The diverse range of schools, including public and Catholic options, ensures that families have access to quality education tailored to their needs, making this property an attractive choice for potential buyers with children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 346 residents as of 2021. The average household consists of 2.2 individuals, with a median age of 39.3 years. The average household income is notably high at $104,000, and only 6% of the population is classified as low-income. The real estate market reflects this affluence, with an average property price of $1,200,000. The community is characterized by a significant percentage of singles, comprising 59.38% of the population, while 33.33% of households include children. Immigrants represent a substantial portion of the demographic at 35.71%. The rental market is also prominent, with 48.28% of residents renting their homes, and condos make up 6.9% of the housing stock. Education levels are impressive, with 75% of residents holding a college or university degree. However, 25% of the population is not actively participating in the labor force, indicating a mix of professional and possibly retired individuals. Overall, this area presents a blend of affluence, diversity, and educational attainment, making it an attractive location for potential buyers.