19B Cardell Avenue

If you’re on the lookout for a fantastic investment opportunity, look no further than this house for sale in North York ! Nestled at 19B Cardell Avenue, North York, this property is an outstanding development prospect, situated in the vibrant Humberlea-Pelmo Park W4 community. This detached house, styled as a charming two-storey brick and shingle abode, is currently home to tenants who are paying a generous $3,000 a month.

The existing house features four spacious bedrooms, perfect for families or those needing extra space for guests or a home office. With two bathrooms, mornings will be a breeze, allowing everyone to get ready without the usual rush. The kitchen, while modest, is functional and well-suited for whipping up meals for family and friends. The property boasts a total of seven rooms, providing ample space for living and entertaining.

One of the standout features of this house for sale in North York is the generous lot size of 25 by 103 feet. This opens up a world of possibilities for redevelopment, as the property is on a severed lot, allowing for the construction of two detached homes. Each severed lot is priced at £519,000, and it’s important to note that both lots must be sold together. This is a rare opportunity for savvy buyers looking to invest in the ever-growing Toronto area.

Although the house does not come with a family room or an additional kitchen, the layout is still quite versatile. The central air conditioning will keep you cool during those hot summer months, and the forced air heating ensures warmth during the chilly winters. While there is no fireplace, the overall design of the home is welcoming and comfortable. The property also benefits from municipal water and sewer services, which is a significant advantage for any homeowner.

Parking will never be an issue here, as the house features a built-in garage that accommodates two vehicles, along with a private driveway that can hold up to six cars. This is particularly beneficial in a bustling area like North York, where parking can often be a challenge.

For those who rely on the internet, you’ll be pleased to know that this house for sale in North York is equipped with internet access, making it ideal for remote work or streaming your favourite shows. However, it’s worth mentioning that the basement is partial and unfinished, presenting an opportunity for buyers to customise the space to their liking.

If you’re considering the potential of this property, the options are plentiful. You could choose to maintain the current rental property and enjoy the steady income, or you could redevelop the site and build two stunning detached residences, each approximately 2,000 square feet. The motivated seller is eager to entertain all offers, making this an opportune time to get involved in the North York real estate market.

In summary, this house for sale in North York at 19B Cardell Avenue, North York, is more than just a home; it’s a gateway to a lucrative investment. Whether you’re looking to keep the existing tenants or embark on a redevelopment journey, the possibilities are endless. Don’t miss out on this unique chance to own a piece of property in the thriving Humberlea-Pelmo Park W4 community. Bring your offers and see what this remarkable opportunity has to offer!

Humberlea-Pelmo Park W4, nestled within the vibrant city of North York, is a charming suburban enclave that offers a delightful blend of residential comfort and natural beauty. This area is characterised by its tree-lined streets, well-maintained parks, and a friendly atmosphere, making it an ideal place for families and individuals alike. With convenient access to public transport, shopping centres, and recreational facilities, residents can enjoy a balanced lifestyle that combines the tranquility of suburban living with the amenities of urban life. The community’s diverse population fosters a welcoming environment, while the nearby green spaces provide ample opportunities for outdoor activities and relaxation. Overall, Humberlea-Pelmo Park W4 is a wonderful choice for those seeking a peaceful yet connected neighbourhood in North York.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a variety of academic needs. Within a short distance, you will find St. Simon Catholic School, just 1.2 km away, offering grades JK to 8 under the Toronto Catholic District School Board. Another nearby option is Weston Collegiate Institute, located 2.2 km away, providing secondary education for grades 9 to 12. For families interested in French immersion, Maple Leaf Public School is 3.7 km away and boasts a commendable school rating of 4.3, serving grades JK to 8. Additionally, St. Simon Catholic School on Strathburn Blvd is only 1.1 km away and has a strong rating of 6.1, while St. Basil-the-Great College School, 2.0 km from the property, offers secondary education with a rating of 3.4. Lastly, St. Eugene Catholic School, located 1.8 km away, provides elementary education in French for grades JK to 5 and holds a notable rating of 6.6. This diverse selection of schools ensures that families have access to quality education options within close proximity to their new home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,341 residents, with an average household size of 2.7. The demographic profile reveals an average age of 41.7 years and a robust average household income of $104,400, indicating a relatively affluent community. Only 6.9% of the population falls under the low-income category, suggesting economic stability. The average property price in the area is approximately $816,000, reflecting the demand for housing. The community is diverse, with 50.38% of residents being immigrants and 49.14% identifying as single. Families are prevalent, as 46.58% of households include children. The rental market is modest, with only 15.24% of residents renting their homes, while 29.52% reside in condominiums. Education is highly valued, with over half (51.09%) of the population holding a college or university degree. However, a significant portion, 35.37%, is not in the labor force, which may indicate a mix of retirees and individuals pursuing education or other interests. Overall, this area offers a blend of economic stability, educational attainment, and family-oriented living, making it an attractive place for potential homeowners.