172 Huron Street

Nestled in the vibrant heart of Kensington-Chinatown, this charming semi-detached house for sale in Toronto at 172 Huron Street, Toronto, presents an exceptional opportunity for those looking to invest in a prime downtown location. With its proximity to the University of Toronto campus, bustling Chinatown, and the eclectic Kensington Market, this property is perfectly positioned for both convenience and lifestyle. The area is rich in culture and amenities, making it an ideal spot for families, professionals, and investors alike.

This house for sale in Toronto boasts a classic 2-storey design with a lovely brick front and insulbrick exterior, providing both character and durability. The property features a total of six rooms, including three spacious bedrooms, making it suitable for families or those seeking extra space for guests or a home office. The absence of a den means that the layout is straightforward, allowing for a seamless flow throughout the living spaces.

The property is equipped with two kitchens, offering flexibility for those who enjoy cooking or entertaining. While there is no additional kitchen or a basement unit currently in place, the potential to create a basement unit adds to the appeal of this house for sale in Toronto, particularly for renovators and developers looking to maximise the property's potential. The unfinished basement presents a blank canvas for creative minds to transform into a functional living space or rental unit, further enhancing the investment value.

In terms of bathrooms, this house for sale in Toronto includes two well-appointed bathrooms, ensuring that there is ample space for family and guests. The absence of a fireplace and central vacuum system may be seen as a drawback, but the property compensates with a family room that invites relaxation and social gatherings. Additionally, the house does not come with air conditioning, a pool, or garage space, which may appeal to those who prefer a low-maintenance lifestyle.

The lot measures an impressive 19 by 145 feet, providing ample outdoor space for gardening or recreational activities. While there is no driveway or designated parking space, the property is conveniently located near public transport options, making commuting a breeze. The municipal water and sewer services further enhance the practicality of this home.

The prime location of 172 Huron Street, Toronto, places it within walking distance of local parks, the public library, and a variety of shops and eateries. The vibrant community atmosphere of Kensington-Chinatown is perfect for those who appreciate a lively neighbourhood filled with diverse cultures and experiences. This house for sale in Toronto is not just a home; it is a gateway to a dynamic lifestyle.

For renovators, developers, or long-term investors, this property offers immense potential for land assembly and intensified redevelopment. The current configuration of two self-contained units opens up possibilities for creating additional rental income or a multi-generational living arrangement. It is important to note that the property will be sold on an "as is, where is" basis, and prospective buyers are encouraged to conduct their due diligence.

In summary, this house for sale in Toronto at 172 Huron Street, Toronto, is a rare find in a sought-after neighbourhood. With its unique features, potential for redevelopment, and prime location, it represents an excellent opportunity for anyone looking to invest in the Toronto real estate market. Whether you are a first-time buyer, an experienced investor, or a developer seeking your next project, this property is well worth considering. Don't miss out on the chance to make this house your home or your next investment venture!

Kensington-Chinatown, nestled in the heart of Toronto, is a vibrant and eclectic neighbourhood that beautifully melds cultural diversity with urban charm. Known for its bustling markets, independent shops, and an array of eateries offering flavours from around the world, this area is a feast for the senses. The streets are often alive with the sounds of street performers and the sights of colourful murals, reflecting the rich tapestry of its residents. With its close proximity to the downtown core, Kensington-Chinatown provides an ideal blend of convenience and character, making it an appealing choice for those seeking a dynamic and inclusive living environment. Whether you're exploring the historic Kensington Market or indulging in authentic dim sum, this neighbourhood promises a unique and enriching experience for all who call it home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Beverley School, a public institution offering grades JK to 8, situated just 0.3 km away. Another nearby option is Lord Lansdowne Junior Public School, also 0.3 km from the property, providing a French language curriculum for grades JK to 8. For secondary education, Harbord Collegiate Institute is located 1.4 km away and boasts an impressive school rating of 8.8, catering to grades 9 to 12. Additionally, St. Francis Assisi Catholic School, a Catholic elementary school, is 1.3 km away, offering English instruction for grades JK to 8 with a rating of 4.7. St. Joseph's College School, another Catholic secondary school, is 1.1 km from the property, rated at 7.6, and serves grades 9 to 12. Lastly, St. Mary Catholic School, 1.4 km away, provides a French curriculum for younger students in grades JK to 4, with a rating of 5.7. Overall, this area offers a diverse range of schooling options, ensuring quality education for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 450 residents, with an average household size of 1.8. The community is relatively young, with an average age of 36.9 years. The average household income stands at $85,000, although 23.6% of the population is classified as low-income. The housing market is characterized by high property values, with an average price of $950,000. A significant majority of the residents, approximately 73.86%, are single, and only 23.08% of households include children. The area is diverse, with 27.38% of the population being immigrants. Renters dominate the housing landscape, comprising 86% of the residents, and there are no condominiums available in the area. Education levels are notably high, with 71.43% of residents holding a college or university degree. However, a notable portion of the population, 23.81%, is not actively participating in the labor force. This demographic snapshot highlights a vibrant, educated community with a mix of socioeconomic challenges and opportunities.