143 Olive Avenue

Nestled in the heart of the prestigious Willowdale East neighbourhood, this charming house for sale in North York at 143 Olive Avenue, North York, presents an extraordinary opportunity for investors, builders, and visionaries alike. With its enviable location and a generous 160-foot deep premium lot, this detached two-storey home is ripe for transformation into your dream abode. The building permit has already been approved, meaning you can dive straight into the building process without any delays. Imagine starting your project tomorrow and creating something truly special in this highly sought-after area!

The property boasts a total of 10 rooms, including four spacious bedrooms and two bathrooms, making it ideal for families or those looking to invest in a rental property. While the house is currently unfurnished, it provides a blank canvas for your personal touch. The kitchen is conveniently located on the main floor, allowing for easy access and a seamless flow throughout the home. Although there is no additional kitchen or family room, the layout offers ample space for entertaining and family gatherings.

One of the standout features of this house for sale in North York is the backyard shed, which sits on a sturdy cement pad. This shed is fully tiled and wired with electricity, providing a versatile space that can be utilised for various purposes, whether it be a workshop, storage, or even a play area for the children. The outdoor space is further complemented by the expansive lot, measuring 41 by 160 feet, which offers plenty of room for landscaping, gardening, or perhaps even a future pool, should you wish to add one.

In terms of amenities, this house for sale in North York is ideally situated just steps away from local transit, restaurants, and daily necessities, making it incredibly convenient for everyday living. The surrounding community is home to some of the top schools in the area, including Earl Haig Secondary and Cummer Valley Middle School, ensuring that families have access to quality education for their children. This proximity to excellent schools adds to the appeal of the property, making it a prime location for families looking to settle down.

The home features central air conditioning, ensuring comfort during the warmer months, while the forced air heating system keeps the space cosy during the colder seasons. Additionally, the property is connected to municipal water and sewer services, providing peace of mind for potential buyers. While there is no central vacuum system, the property does include a fireplace, adding a touch of warmth and character to the living space.

Parking is also a breeze with an attached garage that accommodates one vehicle, along with a private driveway that provides space for an additional car. This is a valuable feature in North York, where parking can often be a challenge.

As you consider this house for sale in North York, it’s important to note that the basement is currently unfinished, offering the perfect opportunity for you to customise the space to your liking. Whether you envision a recreation room, additional bedrooms, or a home office, the possibilities are endless.

In summary, 143 Olive Avenue, North York, is a remarkable property that presents a rare chance to create your dream home in a highly desirable location. With its approved building permit, generous lot size, and proximity to excellent schools and amenities, this house for sale in North York is not just a house; it’s a canvas for your future. Don’t miss out on this incredible opportunity to invest in a property that holds so much potential in the vibrant community of Willowdale East.

Willowdale East, nestled within the vibrant city of North York, is a charming and well-established neighbourhood that seamlessly blends suburban tranquillity with urban convenience. Characterised by its tree-lined streets and a diverse array of housing options, from quaint bungalows to modern condominiums, the area boasts a welcoming atmosphere. Residents enjoy easy access to a variety of amenities, including shopping centres, parks, and excellent schools, making it an ideal locale for families and professionals alike. The community is well-served by public transport, providing straightforward connections to downtown Toronto, while the nearby scenic trails and green spaces offer ample opportunities for outdoor recreation. With its rich cultural diversity and a strong sense of local identity, Willowdale East presents a delightful setting for anyone looking to settle in North York.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a short distance, you'll find McKee Public School (0.9 km) and Cummer Valley Middle School (1.0 km), both offering English-language education for elementary students. For secondary education, Earl Haig Secondary School (1.2 km) stands out with an impressive school rating of 8.8, ensuring a quality learning environment for grades 9 to 12. Additionally, Blessed Trinity Catholic School (1.3 km) and St. Joseph's Morrow Park Catholic Secondary School (1.6 km) provide Catholic education options, with ratings of 3.7 and 8.1, respectively. The area also includes Lester B Pearson Elementary School (1.9 km), which offers a French-language curriculum for grades SK to 8, and St. Cyril Catholic School (1.0 km) for those interested in French-language Catholic education. Overall, the proximity to a diverse range of educational institutions ensures that your children will have access to quality schooling options, catering to various educational preferences and needs.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, vibrant community with a population of 530 residents. The average household consists of 2.9 individuals, with a median age of 41.4 years, indicating a mature population. The average household income is notably high at $148,000, although 16.4% of residents fall into the low-income category. The housing market is characterized by an average price of $2,000,000, reflecting the area's desirability. A significant portion of the population, 45.05%, is single, while 44.83% of households include children, suggesting a family-friendly environment. The community is diverse, with 64.41% of residents being immigrants, contributing to a rich cultural tapestry. Renters make up 20.51% of the population, and condominiums represent a modest 5.13% of housing options. Education levels are high, with 64% of residents holding a college or university degree. However, it is noteworthy that 53% of the population is not in the labor force, which may reflect various factors influencing employment status in the area. Overall, this community presents a unique blend of demographics that could appeal to potential homebuyers and investors alike.