181 Parkside Drive

Welcome to an exceptional investment opportunity at 181 Parkside Drive, Toronto. This remarkable detached house for sale in Toronto is nestled in the highly sought-after High Park-Swansea community, directly overlooking the stunning greenery of High Park. This three-storey brick property is a rare find, offering an impressive configuration that includes five bedrooms, one den, and a total of twelve rooms, making it an ideal choice for both investors and families alike.

The property features a unique layout with three kitchens, providing ample space for culinary creativity. While there is no additional kitchen, the existing kitchens are well-equipped, ensuring that meal preparation is a breeze. This house for sale in Toronto is designed to cater to a variety of living arrangements, whether you’re considering multi-generational living or simply wish to enjoy the benefits of rental income. The current setup includes two spacious two-bedroom units and two well-appointed one-bedroom units, allowing for flexible rental opportunities with an attractive cap rate of 4.25%.

As you explore 181 Parkside Drive, Toronto, you will appreciate the absence of a fireplace, which opens up the living space for a more modern aesthetic. The house is unfurnished, giving you the freedom to personalise the interiors to your taste. The absence of a family room may seem limiting, but the spacious layout compensates for this, providing plenty of room for social gatherings and family activities throughout the twelve rooms.

The property is equipped with window air conditioning units, ensuring comfort during the warmer months. The heating system operates on water, providing a reliable source of warmth during the colder seasons. Although there is no central vacuum system, the convenience of municipal water and sewer services adds to the overall appeal of this house for sale in Toronto.

The basement is a finished apartment, which adds significant value and versatility to the property. This additional living space can serve as an independent rental unit or a private retreat for guests. The possibilities are endless, making this house for sale in Toronto a truly versatile asset.

One of the standout features of this property is its outdoor space. The lot measures an impressive 28 by 103 feet, offering ample room for outdoor activities or potential landscaping projects. While there is no pool, the proximity to High Park provides a natural playground right at your doorstep, perfect for family outings or leisurely strolls.

Parking is a breeze with a detached two-car garage and an additional parking space, ensuring that you and your guests will never be short of parking options. The mutual driveway adds convenience, making access to the garage seamless.

181 Parkside Drive, Toronto, is not just a house; it’s a home filled with potential. Whether you choose to live in one of the units while renting out the others or convert the entire property back into a stunning single-family residence, the options are plentiful. The location is surrounded by green spaces, excellent transit options, and urban conveniences, making it a prime choice for anyone looking to invest in the vibrant city of Toronto.

In summary, this house for sale in Toronto offers an unparalleled opportunity to secure a property in one of the city's most desirable neighbourhoods. With its spacious layout, multiple living options, and proximity to High Park, 181 Parkside Drive is a must-see for anyone looking to make a wise investment in Toronto's real estate market. Don't miss your chance to explore this exceptional property and envision the possibilities that await!

High Park-Swansea is a charming and picturesque neighbourhood in Toronto, nestled alongside the expansive High Park, one of the city's largest and most beloved green spaces. This area boasts a delightful mix of residential streets lined with beautiful homes, many of which feature stunning architectural details. Residents enjoy a tranquil suburban atmosphere while being just a stone's throw from the vibrant urban life of downtown Toronto. With its scenic waterfront along Lake Ontario, ample parks, and a strong sense of community, High Park-Swansea offers an ideal balance of nature and city living, making it a desirable location for those seeking a serene yet connected lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within just 0.5 km, Garden Avenue Junior Public School offers a strong foundation for younger students from JK to grade 6, boasting a school rating of 7.5. Fern Avenue Junior and Senior Public School, located 0.8 km away, provides education in both English and French for grades JK to 8, with a solid rating of 6.8. For secondary education, Parkdale Collegiate Institute, 1.6 km from the property, serves grades 9 to 12 and has a rating of 7. Additionally, St. Vincent de Paul Catholic School, only 0.7 km away, offers a Catholic education for grades JK to 8 and has an impressive rating of 8.6. For those seeking a French-language Catholic education, St. Cecilia Catholic School is located 2.5 km away and has a rating of 7.6. Overall, the area is well-served by a variety of public and Catholic schools, ensuring that children have access to quality education close to home.