161 Ranee Avenue

If you’re on the lookout for a fantastic house for sale in Toronto , then look no further than this stunning detached bungalow at 161 Ranee Avenue, Toronto. Nestled in the desirable Englemount-Lawrence community, this property boasts a perfect blend of comfort, convenience, and income potential, making it an ideal choice for families or savvy investors alike.

This delightful home features three spacious bedrooms and two additional rooms that can be utilised as a den or office space. With four well-appointed bathrooms, including two that were added in 2015, you’ll never have to worry about morning queues! The main kitchen has been recently updated and is perfect for whipping up family meals or entertaining guests. Plus, there's an additional kitchen in the basement, making this house for sale in Toronto a brilliant option for multi-generational living or a turnkey rental setup. The basement has a strong rental history and has never been vacant, which is a testament to its desirability.

Located on a generous lot measuring 50 x 132 feet, the property backs onto a lovely park, providing a serene backdrop for your daily life. The landscaped lot has seen some thoughtful improvements, including side-tree removal in 2022, enhancing the overall appeal of the outdoor space. Although there is no pool, the expansive yard offers plenty of room for outdoor activities and family gatherings.

Inside, the house is well-equipped with modern amenities. Central air conditioning ensures you stay cool during those hot summer months, and the forced air heating system keeps the home cosy in winter. While there’s no central vacuum system, the layout of the house allows for easy cleaning and maintenance. The living areas are bright and inviting, with new floors and light fixtures installed in 2025, giving the home a fresh and modern feel. Plus, with a new oven in the basement added in 2024, you’ll have all the tools you need to create culinary delights.

Parking is a breeze with an attached garage that accommodates one vehicle and additional parking space for another car. Although there is no driveway, the garage and parking options ensure that you won’t have to worry about finding a spot after a long day.

For those who rely on the internet, rest assured that this house for sale in Toronto comes with internet connectivity, making it easy to work from home or stream your favourite shows. The family room is a great space for relaxation and bonding, providing a comfortable area to unwind after a busy day.

The location of 161 Ranee Avenue, Toronto, is simply unbeatable. With a fantastic Walk Score, you’ll find yourself just steps away from public transport, including the TTC, and a short distance from Yorkdale Mall. The subway is only minutes away, making commuting around the city a doddle. Whether you’re looking to live in this vibrant area or considering it as an investment opportunity, this house for sale in Toronto is a smart choice.

In summary, this updated bungalow at 161 Ranee Avenue, Toronto, is a remarkable find. With its spacious layout, modern features, and prime location, it offers everything you could want in a home. Don’t miss out on the chance to make this your own. Whether you’re planning to live in it or use it as a rental, this property is sure to impress. So, if you’re searching for a house for sale in Toronto that ticks all the boxes, make sure to check out this gem!

Englemount-Lawrence is a vibrant and diverse neighbourhood located in the north-central part of Toronto, known for its blend of residential and commercial spaces. This area is characterised by its leafy streets, a mix of single-family homes and apartment buildings, and a variety of local amenities. Residents enjoy easy access to shopping centres, parks, and schools, making it an ideal choice for families and professionals alike. The community is well-connected by public transport, with several bus routes and nearby subway stations, providing convenient links to the rest of the city. Englemount-Lawrence also boasts a rich cultural tapestry, reflecting the multicultural essence of Toronto, with an array of restaurants and shops that cater to diverse tastes and preferences.

Schools in the Neighbourhood

This property is ideally located near several educational institutions catering to various age groups and preferences. Just 0.3 km away is Baycrest Public School, an elementary school under the Toronto District School Board, offering grades JK to 8 with a solid school rating of 6.4. Another nearby option is Our Lady of the Assumption Catholic School, located 1.3 km away, providing a Catholic education for grades JK to 8 and rated 5.8. For families seeking French-language education, Bedford Park Public School, 3.4 km away, boasts an impressive rating of 9.1 and serves grades JK to 8. Secondary education options include Forest Hill Collegiate Institute, 2.9 km away, and Dante Alighieri Academy, 2.0 km away, both offering grades 9 to 12, although Forest Hill currently has no rating. Additionally, Marshall McLuhan Catholic Secondary School, located 3.2 km away, offers a French curriculum for grades 9 to 12 with a rating of 6.6. Overall, the area provides a diverse selection of public and Catholic schools, ensuring quality education options for families with children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 672 residents, with an average household size of 3.1. The demographic profile reveals an average age of 37.4 years, indicating a relatively young community. The average household income stands at $95,000, with 10% of the population classified as low-income. The real estate market reflects a high average property price of $1,280,000, and the area has a significant rental population, with 57.14% of residents renting their homes. A notable 49.52% of the population is single, while 45.45% of households include children, highlighting a family-friendly environment. Additionally, the community is diverse, with 53.78% of residents being immigrants and nearly half (49.45%) holding a college or university education. However, 35.16% of the population is not in the labor force, which may indicate a mix of retirees, students, or individuals not actively seeking employment. The area features a small percentage of condominiums, accounting for 7.14% of housing options, suggesting a preference for single-family homes or other types of residences. Overall, this community presents a blend of diversity, education, and family-oriented living.