244 Grace Street

Introducing an exceptional opportunity to acquire a remarkable house for sale in Toronto , located at 244 Grace Street, Toronto. This semi-detached property, nestled in the vibrant Palmerston-Little Italy community, offers an impressive blend of space, comfort, and versatility, making it an ideal choice for families or investors alike.

This spacious 2 1/2 storey home boasts four generously sized bedrooms, providing ample room for a growing family. The layout is thoughtfully designed to cater to various needs, with the option to utilise the fourth bedroom as a separate family room if desired. The heart of this home lies in its extra-large main floor eat-in kitchen, which is perfect for family gatherings and entertaining friends. With two kitchens in total, including one on each level, this house for sale in Toronto is perfectly equipped for multi-generational living or potential rental opportunities.

The property features a total of 12 rooms, ensuring that there is no shortage of space for everyone. Although there is no den or family room, the layout allows for flexibility in how the spaces can be utilised. The bathrooms, numbering two, are conveniently located to serve the needs of the household. Central air conditioning ensures comfort throughout the year, while the forced air heating system provides warmth during the colder months.

Situated on a rare 20-foot-wide lot, the exterior of the house is crafted from durable brick, adding to its charm and character. While there is no pool or fireplace, the property compensates with a delightful outdoor experience. Step outside to discover three balconies, a private backyard, and a large shaded front porch. These outdoor spaces provide the perfect setting to relax and enjoy the peaceful atmosphere of the neighbourhood, making this house for sale in Toronto a true retreat from the hustle and bustle of city life.

The third-floor balcony offers stunning views of the city, providing an idyllic spot to unwind at the end of the day. The separate entrance to the basement apartment adds an additional layer of versatility to this property, allowing for potential rental income or extra living space. The basement also features ample storage, ensuring that all your belongings have a designated place.

Parking is made easy with a detached two-car garage, accessible via the laneway, while the property benefits from municipal water and sewer services. Although there is no central vacuum system or driveway, the convenience of the garage and the overall layout of the house compensate for these features. Furthermore, the house is unfurnished, allowing you to personalise the space to suit your taste and style.

Located just steps away from College Street, this house for sale in Toronto is ideally situated near a plethora of shops, restaurants, and public transport options. Families will appreciate the proximity to excellent schools, making this property an attractive choice for those looking to settle in one of Toronto's most sought-after communities.

In summary, 244 Grace Street, Toronto, is a spacious and versatile semi-detached house that presents an exceptional opportunity for homeownership in the heart of Palmerston-Little Italy. With its impressive features, including multiple kitchens, generous bedrooms, and delightful outdoor spaces, this house for sale in Toronto is not to be missed. Whether you are looking to live in, rent out, or create your dream home, this property offers endless potential and charm in a vibrant neighbourhood. Seize this opportunity to own a piece of Little Italy today!

Palmerston-Little Italy is a vibrant and eclectic neighbourhood nestled in the heart of Toronto, renowned for its rich cultural tapestry and lively atmosphere. This area boasts a delightful mix of charming Victorian homes and modern condominiums, all set against the backdrop of bustling streets lined with an array of cafés, restaurants, and boutique shops. The community is particularly celebrated for its Italian heritage, evident in the delightful eateries and bakeries that offer authentic cuisine. With its proximity to parks, cultural institutions, and excellent public transport links, Palmerston-Little Italy presents an inviting blend of urban convenience and community spirit, making it an appealing choice for those seeking a dynamic yet welcoming place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.2 km, you will find Montrose Junior Public School, a highly-rated elementary school (9.3) that offers grades JK to 6 in English. Delta Alternative Senior School, also nearby, caters to grades 7 and 8, though it currently has no rating. For secondary education, Harbord Collegiate Institute is located 0.4 km away, boasting a solid rating of 8.8 for grades 9 to 12. Additionally, St. Francis Assisi Catholic School, a Catholic elementary school, is just 0.2 km from the property and serves grades JK to 8, with a rating of 4.7. Other nearby schools include St. Joseph's College School (2.4 km away, rating 7.6) and St. Mary Catholic School (1.6 km away, rating 5.7), both of which offer a Catholic education. Overall, the area is rich in educational options, providing a variety of public and Catholic schools that cater to different age groups and educational preferences, ensuring that families have access to quality education within close proximity.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 533 residents, with an average household size of 2.2 individuals. The community has a median age of 42.5 years, indicating a mature population. The average household income is notably high at $134,000, with only 7.8% of the population classified as low-income. The real estate market reflects this affluence, with an average property price of $1,600,000. A significant portion of the population is single, comprising 55%, while households with children account for approximately 26.92%. The area is also characterized by a diverse demographic, with 30.63% of residents being immigrants. Renters represent a substantial majority at 53.33%, and there are no condominiums reported in the vicinity. Educational attainment is high, with 64.42% of residents holding a college or university degree. However, it is noteworthy that 28.85% of the population is not participating in the labor force. Overall, this community combines affluence, educational achievement, and a diverse demographic profile, making it an attractive location for potential homebuyers and investors.