160 Varsity Road

Welcome to this fantastic investment opportunity, a charming detached house for sale in Toronto , located at 160 Varsity Road, Toronto. Nestled in the desirable community of Lambton Baby Point, this property boasts a prime location that is perfect for those looking to invest in a promising real estate market. With its solid structure and excellent bones, this house is an ideal candidate for a cosmetic fixer-upper or the next BRRRR project, providing over 3000 square feet of combined living space.

As you approach the property at 160 Varsity Road, Toronto, you will notice the attractive brick exterior, which adds a touch of classic charm to the home. This two-storey building features a well-thought-out layout, comprising a total of 10 rooms, including four spacious bedrooms and two additional dens. The versatility of the space makes it perfect for families or investors looking to create a comfortable living environment. The main unit features two bedrooms, which can easily be converted into three, while the upper unit has three bedrooms, and the lower unit includes two bedrooms, offering ample accommodation options.

The house for sale in Toronto also features two kitchens, making it an excellent choice for those who appreciate the convenience of having separate cooking spaces. The additional kitchen provides further flexibility for entertaining or accommodating guests. Although there is no family room, the generous layout allows for creative use of space, ensuring that each area can be tailored to suit your needs.

In terms of amenities, this property is equipped with window air conditioning units to keep you cool during the warmer months. While there is no fireplace to gather around, the house remains warm and inviting, thanks to the forced air heating system. The absence of a central vacuum system and a pool may seem like drawbacks, but they also present opportunities for you to personalise the space to your liking. The property is unfurnished, allowing you to bring your own style and flair to this charming home.

The house for sale in Toronto is situated on a generous lot measuring 35 by 147 feet, providing ample outdoor space for various activities. Although there is no additional land, the private backyard behind the detached garage is a delightful feature, offering a tranquil retreat from the hustle and bustle of city life. The massive double garage, which provides 2.5 spaces, is perfect for those with multiple vehicles or for those who require extra storage. Additionally, there is parking space for three cars, ensuring that you and your guests will always have a convenient place to park.

Located at 160 Varsity Road, Toronto, this property benefits from its proximity to essential amenities and services. The community of Lambton Baby Point is known for its friendly atmosphere and accessibility to local shops, parks, and schools, making it an attractive location for families and investors alike. With four separate hydro meters, newer roof, and upgraded windows, this house is well-maintained and ready for its new owners.

This exceptional investment opportunity is not to be missed. Whether you are an investor looking to live in one unit and rent out the others or an end-user seeking a home with potential, this house for sale in Toronto has something for everyone. With its spacious layout, solid structure, and prime location, 160 Varsity Road, Toronto, is a must-see property that promises to fulfil your real estate dreams. Don't hesitate to explore this charming home and envision the possibilities it holds for you!

Lambton Baby Point is a charming and picturesque neighbourhood nestled in the city of Toronto, characterised by its lush greenery and serene riverside views along the Humber River. This residential enclave boasts a delightful mix of architectural styles, from elegant period homes to modern builds, all set amidst tree-lined streets that create a tranquil atmosphere. With its close proximity to parks, walking trails, and excellent schools, Lambton Baby Point offers a family-friendly environment while still being conveniently located near the vibrant amenities of the city. Residents can enjoy a sense of community spirit, with local shops and cafes adding to the area's quaint charm, making it an ideal place for those seeking a peaceful yet connected lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest is Warren Park Junior Public School, just 0.1 km away, offering grades JK to 6 with a school rating of 3.8. Slightly further, at 0.6 km, is Lambton Park Community School, which serves grades JK to 7 and boasts a higher rating of 8.5. For a more comprehensive education, Lambton-Kingsway Junior Middle School, located 0.8 km away, provides grades JK to 8 and has an impressive rating of 9.2. Older students can attend Western Technical-Commercial School, 2.2 km from the property, which caters to grades 9 to 12 with a rating of 7.2. Additionally, Humbercrest Public School (0.9 km) offers a French curriculum for grades JK to 8 with a rating of 7.5, while St. James Catholic School (0.5 km) provides a Catholic education for grades JK to 8, rated at 6.5. Although St. Oscar Romero Catholic Secondary School is a bit further at 2.7 km, it offers grades 9 to 12. Overall, the area is well-served by a variety of educational institutions, ensuring excellent options for your children’s schooling.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 401 residents, with an average household size of 2.3. The demographic profile reveals an average age of 41.4 years and a healthy average household income of $96,000. Notably, only 9% of the population is classified as low-income, indicating a relatively affluent community. The average property price in the area is approximately $1,020,000. The population is diverse, with 38.57% of residents being immigrants. Socially, 46.38% of the individuals are single, while 43.48% live in households with children, suggesting a family-friendly environment. The rental market is significant, with 46.88% of residents renting their homes, and there are no condominiums available in the area. Education levels are high, with 71.19% of residents holding a college or university degree, reflecting a well-educated community. However, it is worth noting that 30.51% of the population is not in the labor force, which may impact local economic dynamics. Overall, this area presents a blend of affluence, diversity, and educational attainment, making it an attractive location for potential homeowners and investors.