1994 Dufferin Street

Introducing an exceptional opportunity to acquire a remarkable house for sale in Toronto , located at 1994 Dufferin Street, Toronto. This semi-detached, two-storey residence is situated in the vibrant Caledonia-Fairbank community, offering a unique blend of urban convenience and suburban tranquillity. With its prime location just steps away from the TTC, excellent schools, parks, and a variety of restaurants, this property is not only a fantastic investment opportunity but also a potential family home.

This house for sale in Toronto boasts three well-appointed bedrooms and a den, providing ample space for a growing family or for those looking to invest in rental opportunities. With a total of eight rooms, including two kitchens and a family room, the layout is both functional and versatile. The presence of an additional kitchen enhances the property's potential, making it suitable for multi-generational living or as a rental unit. The house features three bathrooms, ensuring convenience for all residents.

The exterior of the property is constructed from durable brick, ensuring longevity and minimal maintenance. The lot measures 22 X 100 feet, providing a generous outdoor space that can be utilised for various purposes. Although there is no pool or garage space, the driveway accommodates up to two vehicles, offering sufficient parking for residents and guests alike.

As you explore this house for sale in Toronto, you'll appreciate the central air conditioning, which was installed in 2019, ensuring a comfortable living environment throughout the warmer months. The heating system, powered by forced air, is efficient and reliable, contributing to the overall comfort of the home. The property is connected to municipal water and sewer systems, ensuring essential services are readily available.

The basement of the house is designed as an apartment, presenting an additional opportunity for rental income or as a private space for family members. This feature significantly enhances the property's investment potential, making it a prime choice for savvy investors. The strong rental history of this house for sale in Toronto adds to its appeal, as it has demonstrated the ability to generate steady income for its owners.

Moreover, there is an exciting opportunity to build a laneway suite on this property, which could further increase its value and versatility. Prospective buyers are encouraged to explore the attached report for detailed information regarding this potential addition. The possibility of creating a modern and adaptable living space in the form of a laneway suite is an enticing prospect for those looking to maximise their investment.

It is important to note that while the furnace was replaced in 2024 and the roof was updated in 2020, the seller does not warrant the retrofit status of the apartments. This aspect should be considered by potential buyers as they evaluate the investment potential of this house for sale in Toronto.

In summary, 1994 Dufferin Street, Toronto, presents a unique opportunity for both investors and families alike. With its strategic location in the Caledonia-Fairbank community, this property offers the perfect blend of convenience and potential. Whether you are looking to expand your investment portfolio or convert this house back into a single-family home, the possibilities are endless. Don’t miss your chance to take advantage of this exceptional house for sale in Toronto. Seize this opportunity today and envision the future possibilities that await at this remarkable address.

Caledonia-Fairbank is a vibrant and diverse neighbourhood nestled in the heart of Toronto, characterised by its rich tapestry of cultures and a strong sense of local identity. This area boasts a mix of residential streets, bustling shops, and community parks, making it an appealing choice for families and individuals alike. The community is well-served by public transport, providing easy access to the city's amenities while maintaining a more relaxed, suburban feel. With a variety of dining options, cultural events, and recreational facilities, Caledonia-Fairbank offers a welcoming environment for new residents looking to immerse themselves in the dynamic spirit of Toronto.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.5 km, you will find Rawlinson Community School, which offers both English and French language programs for grades JK to 8, boasting a solid school rating of 5.1. Additionally, St. John Bosco Catholic School, also within 0.5 km, provides an English curriculum for the same grade levels and has a higher rating of 6.6, indicating a strong academic environment. For secondary education, George Harvey Collegiate Institute is located 2.2 km away, although it currently has a lower rating of 0. Alternatively, Loretto College School, just 1.1 km from the property, offers a Catholic education for grades 9 to 12 with a respectable rating of 6. Furthermore, Marshall McLuhan Catholic Secondary School, located 3.9 km away, provides French language education for grades 9 to 12 and also holds a rating of 6.6. Overall, the area is well-served by a mix of public and Catholic schools, ensuring quality educational options for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, diverse community with a population of 690 residents. The average household consists of 2.6 individuals, with a median age of 42.2 years. The area boasts a relatively high average household income of $99,000, although 10.8% of the population falls below the low-income threshold. Housing prices are significant, with an average property value of $960,000. The community is characterized by a balanced demographic, with 40% of residents identifying as single and nearly 40.5% living in households with children. A notable 47.92% of the population are immigrants, contributing to the area's cultural diversity. Approximately 30.36% of residents are renters, while only 3.57% live in condominiums. Educational attainment is also noteworthy, with 30.95% of residents holding a college or university degree. However, a substantial portion of the population, 40.48%, is not participating in the labor force, indicating potential economic challenges. Overall, this area presents a unique blend of family-oriented households, cultural diversity, and varying economic circumstances, making it an intriguing location for potential homeowners or investors.