408 - 159 Dundas Street E

If you’re on the lookout for a fantastic opportunity in the bustling heart of Toronto, then this apartment for sale in Toronto might just be the gem you’ve been waiting for. Nestled at 159 Dundas Street E, Toronto, this rare corner suite boasts incredible natural light, making it a truly inviting space. With wall-to-wall windows and a charming balcony, you can soak in the vibrant city views that this prime location has to offer.

This spacious bachelor studio suite is perfect for those who appreciate modern living without the fuss of excessive maintenance. With a total of three rooms, including a well-appointed bathroom, this apartment for sale in Toronto is designed for comfort and convenience. Although it’s unfurnished, the space allows you to put your personal stamp on it, creating a home that reflects your unique style.

One of the standout features of this property is its excellent investment potential. Currently tenanted for a respectable $2,100 a month, the tenant is clean, quiet, and responsible, with a month-to-month lease. They prefer to stay, but if you’re looking to move in yourself, they will vacate with just 60 days' notice. This flexibility makes it an ideal choice for both investors and those seeking a new home in the vibrant Church-Yonge Corridor.

Living at 159 Dundas Street E, Toronto places you right in the thick of it all. You’ll be just steps away from the Eaton Centre, a shopper’s paradise, as well as Toronto Metropolitan University (formerly known as Ryerson), George Brown College, and various hospitals. The financial district is also within easy reach, making this apartment for sale in Toronto a prime location for professionals and students alike. Plus, with St. Lawrence Market just a short stroll away, you’ll have access to some of the best fresh produce and artisanal goods the city has to offer.

The building itself is a well-maintained condo apartment constructed from brick and concrete, ensuring durability and a modern aesthetic. Although there’s no pool or fireplace, the central air conditioning will keep you cool during the warmer months. The heat is provided by a forced air system, ensuring you stay cosy during the chilly winters.

Parking is a breeze with an underground garage, although there is no designated parking space included with this unit. If you’re a city dweller who prefers to rely on public transport, you’ll find that this location is incredibly convenient, with various transit options nearby.

As for additional features, this apartment for sale in Toronto does not come with a central vacuum system or any extra land, but it does have internet access, allowing you to stay connected in this digital age. The suite is relatively new, aged between six to ten years, which means you can enjoy modern amenities without the worry of extensive repairs or renovations.

In summary, if you’re searching for an apartment for sale in Toronto that offers both a fantastic living space and a prime investment opportunity, look no further than this bright, modern condo at 159 Dundas Street E, Toronto. With its unbeatable location, spacious layout, and potential for rental income, this property is a rare find in the competitive Toronto market. Don’t miss out on the chance to make this charming studio your own or add it to your investment portfolio!

The Church-Yonge Corridor, nestled in the heart of Toronto, is a vibrant and dynamic urban area characterised by its bustling streets and a rich tapestry of cultural offerings. This geographic enclave is renowned for its impressive skyline, featuring a mix of historic and contemporary architecture, and is home to a diverse population that reflects the city's multicultural essence. Residents enjoy easy access to an array of amenities, including trendy cafes, eclectic shops, and a plethora of dining options, all within walking distance. The corridor also boasts excellent public transport links, making it convenient for commuting to other parts of the city. With its lively atmosphere and a strong sense of urban energy, the Church-Yonge Corridor presents an enticing option for those seeking a cosmopolitan lifestyle in Toronto.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within 0.8 km, you'll find Lord Dufferin Junior and Senior Public School, which offers grades JK to 8 and has a school rating of 2.8. For older students, Jarvis Collegiate Institute, located 1.1 km away, provides grades 9 to 12 and boasts a higher rating of 5.9. Additionally, Our Lady of Lourdes Catholic School, just 1.0 km from the property, serves grades JK to 8 and has a solid rating of 5.5. For those seeking a Catholic education, St. Joseph's College School, located 1.4 km away, offers grades 9 to 12 with an impressive rating of 7.6. Other nearby schools include Lord Lansdowne Junior Public School, which offers French-language education for grades JK to 8 but has a lower rating of 0, and St. Mary Catholic School, which serves younger grades and has a rating of 5.7. Overall, the area is well-served by a mix of public and Catholic schools, providing a variety of educational options for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a population of 1,291 residents, with an average household size of 1.6 individuals. The community has a youthful average age of 33.7 years, indicating a vibrant and dynamic environment. The average household income stands at $72,200, although a significant portion, 25.4%, is classified as low-income. A notable 65.15% of the population is single, while households with children make up 24.44%. The area is characterized by a diverse demographic, with 40.41% of residents being immigrants. The housing market reflects a high percentage of renters at 64.67%, with condominiums representing 82.67% of the housing stock, suggesting a preference for apartment living. Educational attainment is impressive, with 79.65% of residents holding a college or university degree, which may contribute to the area's economic profile. Additionally, 20.78% of the population is not in the labor force, indicating potential opportunities for employment growth. The average property price is $705,000, reflecting the demand and value of real estate in this community. Overall, this area presents a unique blend of youthful energy, educational attainment, and a diverse population.