272&276 King Edward Avenue

Welcome to the stunning **Multi-Family Home for sale in East York **, located at 272&276 King Edward Avenue, East York. This exceptional property is a true gem, offering a unique blend of luxurious living and fantastic investment potential. With its prime location on a desirable corner lot in the Woodbine-Lumsden community, this multiplex is perfect for those looking to enjoy the best of both worlds.

As you step into this remarkable **Multi-Family Home for sale in East York**, you’ll immediately notice the high-quality workmanship and modern design that flows throughout the property. This two-storey building boasts a total of 13 rooms, including six spacious bedrooms and five well-appointed bathrooms. The owners' suite is a sight to behold, featuring vaulted ceilings that create an airy atmosphere, complemented by an open-concept kitchen fitted with sleek white lacquer cabinets, undermounted lighting, and a beautiful backsplash. The oversized island, complete with a built-in microwave and ample storage, is perfect for entertaining or family gatherings.

One of the standout features of this **Multi-Family Home for sale in East York** is the four kitchens, each equipped with stainless steel appliances, making meal preparation a breeze. The upper unit offers high vaulted ceilings and a four-piece bathroom, while the lower unit has a three-piece bathroom, ensuring comfort for all occupants. Each suite comes with its own washer and dryer, adding to the convenience of this property.

For those who love outdoor living, the owners' suite leads to a gorgeous rooftop terrace that is truly a dream come true. This space is designed for relaxation and entertainment, featuring a built-in hot tub, a gas line for a BBQ, and another for a firepit, along with large storage cabinets and an irrigated turf area for pets. It’s the perfect spot to unwind after a long day or host gatherings with friends and family.

The **Multi-Family Home for sale in East York** also includes an oversized insulated garage that is tricked out with heated floors, making it an ideal space for year-round enjoyment. This garage has the potential to be transformed into a luxurious man-cave or workshop, complete with a three-piece bath and wet bar. Imagine the possibilities this space offers!

With a total of four car parking spaces available, including two in the attached garage and two on the private driveway, this property is designed for convenience. The comprehensive soundproofing initiatives throughout the units ensure peace and quiet, making it an ideal home for families or tenants alike.

Situated at 272&276 King Edward Avenue, East York, this property previously generated a combined rental income of £5,000 per month (plus hydro), and with both suites currently vacant, new owners have endless possibilities to explore. Whether you’re looking to live in one unit and rent out the others or seeking a multi-generational accommodation, this **Multi-Family Home for sale in East York** caters to a variety of lifestyles.

The location is another highlight, nestled in the vibrant area of East York, Toronto. Residents can enjoy easy access to local amenities, parks, and schools, making it a fantastic place to call home. With municipal water and sewer services, as well as wall unit air conditioning, this property is equipped with all the essentials for comfortable living.

In summary, this **Multi-Family Home for sale in East York** at 272&276 King Edward Avenue, East York, is a one-of-a-kind opportunity that combines luxurious living with excellent rental income potential. With its modern features, spacious layouts, and prime location, this property is perfect for anyone looking to invest in their future or create a beautiful family home. Don’t miss out on the chance to make this exceptional property your own!

Woodbine-Lumsden, nestled in the heart of East York, is a charming and vibrant neighbourhood that offers a delightful blend of suburban tranquillity and urban convenience. Characterised by its tree-lined streets and an array of well-maintained homes, the area boasts a strong sense of community spirit, with local parks and recreational facilities that cater to families and outdoor enthusiasts alike. Residents enjoy easy access to a variety of shops, cafes, and restaurants along the bustling Danforth Avenue, while excellent public transport links provide seamless connections to downtown Toronto. With its friendly atmosphere and diverse population, Woodbine-Lumsden presents an inviting option for those seeking a comfortable and connected lifestyle in the city.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you'll find Gledhill Junior Public School (0.5 km) and D A Morrison Middle School (0.4 km), both offering English-language instruction for elementary grades. For secondary education, East York Collegiate Institute, located 1.3 km away, boasts a commendable school rating of 5.4. Additionally, Earl Beatty Junior and Senior Public School, just 1.0 km from the property, provides a French-language curriculum for grades JK to 8, with a solid rating of 6.1. Families seeking a Catholic education will appreciate St. Brigid Catholic School, which is only 0.7 km away, offering English and French instruction for grades JK to 8, with a rating of 5.5. For high school students, Notre Dame High School, located 2.0 km away, stands out with an impressive rating of 8.6. This diverse array of schools ensures that residents have access to quality education options, catering to various preferences and needs, all within a convenient distance from the property.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, yet vibrant community with a population of 710 residents. The average household consists of 2.5 individuals, with a median age of 40.5 years, indicating a mature population. The average household income stands at an impressive $120,000, reflecting a relatively affluent community, with only 5.8% of residents classified as low-income. The housing market is robust, with an average property price of $1,050,000. The area is characterized by a diverse social fabric, with 36.21% of the population being single and over half (51.22%) of households having children. Additionally, 26.88% of residents are immigrants, contributing to the area's cultural diversity. Renters make up 38.98% of the population, while there are no condominiums available in the area. Education levels are high, with 66.13% of residents holding a college or university degree. However, a notable 29.84% of the population is not actively participating in the labor force, suggesting a mix of retirees and individuals engaged in other pursuits. Overall, this community presents a unique blend of demographics that could appeal to potential homebuyers and investors alike.