227 River Street

Nestled in the heart of Cabbagetown-South St. James Town, this house for sale in Toronto at 227 River Street, Toronto, offers a unique opportunity for those looking to invest in a property with significant potential. While the house has unfortunately been gutted by fire, it is being sold 'as is where is' for land value only. This is a semi-detached house with a charming brick front and insulbrick exterior, set on a lot measuring 17 x 100 feet.

As you consider this house for sale in Toronto, it's important to note that the property is located in a heritage district, which adds a layer of historical significance to the area. The Cabbagetown South District Plan from June 2005 outlines the community's commitment to preserving its unique character, making this an appealing location for those who appreciate heritage properties. However, potential buyers should be aware that entry into the property is not allowed, so viewing the interior will not be possible.

The house features two bedrooms and one bathroom, providing a modest yet functional layout for future renovations. While there is no den or additional rooms, the total of five rooms offers a canvas for creativity. The kitchen is singular, and there is no additional kitchen space, which may influence your renovation plans. With no central vacuum system, fireplace, or air conditioning, the house is a blank slate, ready for a new owner to reimagine its potential.

When considering this house for sale in Toronto, it's essential to consult the engineering report provided in the attachments, as it contains valuable insights into the property's condition. While the engineering report describes the house as semi-detached, it's worth noting that Geowarehouse refers to it as a rowhouse, which could impact your understanding of the property’s layout and structure.

As for utilities, the house is connected to municipal water and sewer services, ensuring that basic amenities are readily available. However, there is no garage space, driveway, or parking available, which is something to keep in mind, especially in a bustling area like Toronto. The absence of a pool or family room may also influence your decision, depending on your lifestyle and preferences.

This house for sale in Toronto at 227 River Street, Toronto, is unfurnished, allowing you the freedom to design and furnish the space to your liking. The lack of additional land and the presence of a partial basement provide further considerations for potential buyers. If you're interested in exploring the best possible uses for this property, it’s advisable to consult a lawyer who can guide you through the intricacies of purchasing a home in a heritage district.

In summary, while this house for sale in Toronto presents challenges due to its current condition, it also offers a rare opportunity to invest in a property within a historic and vibrant community. With careful planning and vision, the future owner could transform this semi-detached house into a beautiful home that respects the heritage of the Cabbagetown area. If you're looking for a project with significant potential in Toronto, this property at 227 River Street, Toronto, might just be the one for you.

Cabbagetown-South St. James Town is a vibrant and eclectic neighbourhood nestled in the heart of Toronto, renowned for its rich history and diverse character. This area boasts charming Victorian homes, lush gardens, and a strong sense of community spirit, all while being conveniently located near the bustling downtown core. Residents enjoy a variety of local shops, cafes, and parks, providing a perfect blend of urban convenience and a welcoming atmosphere. The neighbourhood is well-connected by public transport, making it easy to explore the wider city, while its unique cultural tapestry offers an engaging and inclusive environment for all who choose to call it home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a variety of academic needs. The closest option is Sprucecourt Public School, just 0.4 km away, offering grades JK to 8 with a solid school rating of 7.1. For older students, Jarvis Collegiate Institute is located 1.5 km from the property, providing grades 9 to 12, though it has a lower rating of 3.8. Duke of Connaught Junior and Senior Public School, 3.0 km away, offers a French-language curriculum for grades JK to 8 and has a rating of 7. Additionally, St. Paul Catholic School, located 1.0 km from the property, serves grades JK to 8 with a rating of 5.6. For high school students, St. Joseph's College School is 2.4 km away and has a commendable rating of 7.2. Other nearby Catholic schools include Holy Name Catholic School (1.7 km) and St. Mary Catholic School (4.2 km), offering various grades and French language options. Overall, this area provides a diverse selection of public and Catholic schools, ensuring quality education for families.