151 Vaughan Road

Nestled in the desirable neighbourhood of Humewood-Cedarvale, this exceptional Multi-Family Home for sale in Toronto at 151 Vaughan Road, Toronto, presents a remarkable opportunity for investors and families alike. With its prime location just a stone's throw from the St Clair Ave W Subway Station, this three-storey multiplex building is an enticing prospect for those seeking a turn-key investment in one of Toronto's most sought-after areas.

The property boasts an impressive 17 bedrooms and 8 bathrooms, making it an ideal choice for multi-family living or as a rental investment. The spacious layout encompasses a total of 41 rooms, ensuring ample space for residents. The building, constructed with a sturdy brick exterior, has undergone extensive renovations over the past eight years, ensuring that it meets modern standards while retaining its classic charm. This Multi-Family Home for sale in Toronto is not just a property; it is a lifestyle choice in a vibrant community.

While the building does not feature a family room, it compensates with its generous kitchen space, comprising eight well-appointed kitchens that cater to the needs of multiple families. Although there is no central vacuum system or air conditioning, the property is equipped with a fireplace, providing warmth and comfort during the cooler months. Additionally, the absence of a pool is offset by the property's proximity to local parks and recreational facilities, perfect for outdoor enthusiasts.

Situated on a generous lot measuring 40 by 129 feet, this Multi-Family Home for sale in Toronto offers ample parking space for up to three vehicles, a rare find in urban settings. The municipal water and sewer services ensure that residents enjoy modern conveniences without the hassle of additional land or garage requirements. While the property is currently unfurnished, this presents a blank canvas for new owners to personalise their living spaces to suit their tastes.

The building's heating is provided by a water system, ensuring efficiency and comfort throughout the colder months. The lack of a basement may seem like a drawback, but it simplifies maintenance and provides peace of mind for potential buyers. Furthermore, the property does not require any immediate capital expenditures, making it a sound investment for those looking to enter the Toronto real estate market without the burden of significant upfront costs.

In addition to its residential appeal, the property has received Committee of Adjustment approval to construct a new 12-storey apartment building containing 80 units. This presents an exciting opportunity for future development, enhancing the value of this Multi-Family Home for sale in Toronto. The potential for growth in this area is immense, making this property not just a home, but a strategic investment in a rapidly evolving community.

The location of 151 Vaughan Road, Toronto, is a key selling point. Humewood-Cedarvale is renowned for its family-friendly atmosphere, excellent schools, and vibrant local amenities. Residents will find themselves within walking distance of shops, restaurants, and parks, making it a convenient and enjoyable place to live. The community's charm, combined with the property's extensive features, makes this Multi-Family Home for sale in Toronto an opportunity not to be missed.

In summary, this impressive multiplex at 151 Vaughan Road, Toronto, is a rare gem in the bustling city. With its extensive renovations, spacious living arrangements, and strategic location, it stands out as a prime investment opportunity. Whether you're looking to accommodate a large family or seeking a lucrative rental property, this Multi-Family Home for sale in Toronto is sure to meet your needs and exceed your expectations. Don't miss your chance to own a piece of this thriving community!

Humewood-Cedarvale is a charming and vibrant neighbourhood nestled in the heart of Toronto, offering a delightful blend of urban convenience and natural beauty. Known for its lush parks, including the expansive Cedarvale Park, residents enjoy ample green space for leisurely strolls, picnics, and outdoor activities. The area boasts a diverse array of architectural styles, from quaint bungalows to more modern homes, creating a picturesque streetscape. With excellent access to public transport, local shops, and a variety of dining options, Humewood-Cedarvale provides a welcoming atmosphere that appeals to families and professionals alike. Its strong sense of community, coupled with the tranquillity of nearby nature, makes it an ideal place for those seeking a balanced urban lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest option is Humewood Community School, just 0.5 km away, offering both English and French instruction for grades JK to 8, with a solid school rating of 6.6. Additionally, Holy Rosary Catholic School, also nearby at 0.6 km, provides a strong Catholic education for grades JK to 8 and boasts an impressive rating of 8.9. For secondary education, Forest Hill Collegiate Institute is located 2.0 km from the property, serving grades 9 to 12, though it currently has a rating of 0. Alternatively, Loretto College School, 2.1 km away, offers a Catholic secondary education with a rating of 7.1. Lastly, Marshall McLuhan Catholic Secondary School, 2.6 km from the property, provides French instruction for grades 9 to 12 and has a rating of 7.7. Overall, the area is well-served by a variety of educational institutions, ensuring that residents have access to quality education options for their children.