1458 Bayview Avenue

Nestled in the heart of Mount Pleasant East, this exceptional property at 1458 Bayview Avenue, Toronto, presents a rare opportunity for discerning investors. This Multi-Family Home for sale in Toronto is a professionally managed multiplex building, boasting four legal, self-contained units spread across three storeys. The property not only promises a secure investment but also offers a remarkable addition to any serious investor's portfolio.

The building features a robust brick and vinyl siding exterior, ensuring both durability and aesthetic appeal. With a total of 21 rooms, including eight bedrooms and seven bathrooms, this Multi-Family Home for sale in Toronto is designed to accommodate a variety of living arrangements. Each of the three upper-level units is thoughtfully laid out, comprising two bedrooms and two bathrooms, complemented by high-end modern kitchens that are perfect for culinary enthusiasts. The presence of a cosy gas fireplace in each unit adds a touch of warmth and comfort, making these spaces truly inviting.

In addition to the upper units, the property includes a legal basement apartment, which features two bedrooms and one bathroom, along with separate laundry facilities. This additional living space enhances the versatility of the property, making it an attractive option for potential tenants. The thoughtful design ensures that each unit is self-contained, providing privacy and independence for residents.

At 1458 Bayview Avenue, Toronto, the property is fully compliant with the Fire Safety provisions of the Ontario Fire Code, reflecting the meticulous attention to safety and maintenance that has gone into its management. Each unit is equipped with separate electric and gas meters, which significantly minimises utility costs for the owner, making this Multi-Family Home for sale in Toronto an even more appealing investment opportunity.

The exterior of the property is equally impressive, featuring three private parking spots that are conveniently accessible from the rear. The renovated backyard offers a secure space for tenant lockers, further enhancing the practicality of this investment. While there is no pool or central vacuum system, the property is equipped with a heat pump for efficient heating and cooling, ensuring a comfortable living environment year-round.

Situated directly on Bayview Avenue, residents of this Multi-Family Home for sale in Toronto enjoy unparalleled access to a wealth of premium shopping, dining, and transit options. The vibrant community of Mount Pleasant East is known for its friendly atmosphere and excellent amenities, making it a highly desirable location for tenants. The proximity to major transportation routes further enhances the appeal of this property, providing easy access to the wider Toronto area.

In summary, 1458 Bayview Avenue, Toronto, is a high-quality, fully compliant, and tenanted investment property that offers a unique opportunity for those looking to expand their real estate portfolio. With its strategic location, modern amenities, and professional management, this Multi-Family Home for sale in Toronto is not to be missed. Whether you are an experienced investor or new to the market, this property promises to deliver both immediate returns and long-term value. Seize the chance to own a piece of this thriving community and secure your future in the bustling city of Toronto.

Mount Pleasant East is a charming and vibrant neighbourhood located in the city of Toronto, characterised by its tree-lined streets and a mix of residential homes, parks, and local amenities. This area offers a delightful blend of urban convenience and suburban tranquillity, making it an appealing choice for families and professionals alike. With easy access to public transport, including the nearby Eglinton subway station, residents can enjoy seamless connectivity to the rest of the city. The neighbourhood boasts a variety of shops, cafes, and restaurants, alongside beautiful green spaces such as Mount Pleasant Cemetery, which provides a serene escape from the hustle and bustle. Overall, Mount Pleasant East presents a welcoming environment that balances the best of city living with a sense of community and natural beauty.

Schools in the Neighbourhood

This property is ideally situated near several reputable schools, making it an excellent choice for families. Within a short distance, you will find Maurice Cody Junior Public School (0.4 km), a public elementary school offering grades JK to 5, and St. Anselm Catholic School (also 0.4 km), providing a Catholic education for grades JK to 8. Just a bit further, Bessborough Drive Elementary and Middle School (0.6 km) offers a strong public education from JK to 8, boasting a school rating of 7.3. For secondary education, Leaside High School (1.1 km) stands out with an impressive rating of 9.2, serving grades 9 to 12. Northlea Elementary and Middle School (1.4 km) provides a French-language curriculum for JK to 8, rated at 8.2. Additionally, Marshall McLuhan Catholic Secondary School is located 2.9 km away, catering to grades 9 to 12 with a rating of 6.6. Overall, the area is well-served by a variety of public and Catholic educational institutions, ensuring quality options for students of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 724 residents, with an average household size of 2.3 individuals. The demographic profile indicates a mature community, with an average age of 41.2 years. The economic landscape is robust, highlighted by an impressive average household income of $182,000, though 7.8% of the population is classified as low-income. The real estate market reflects this affluence, with an average property price of $1,540,000. Socially, the community is diverse, with 21.9% of residents being immigrants, and a significant portion of households, 56.41%, includes children. The area has a balanced demographic, with 40.17% of residents identifying as single. A notable 37.93% of households are renters, while there are no condominiums in the vicinity. Education is highly valued, as evidenced by the 80.56% of residents holding a college or university degree. However, 25.93% of the population is not actively participating in the labor force, suggesting a mix of employment statuses. Overall, this community presents a blend of affluence, diversity, and educational attainment, making it an attractive area for potential homeowners and investors alike.