277 High Park Avenue

Welcome to an exceptional opportunity to acquire a house for sale in Toronto , located at 277 High Park Avenue, Toronto. This remarkable detached house boasts a three-storey design and is situated in the vibrant Junction Area, making it an ideal investment for those seeking a property with immense potential. The house for sale in Toronto features a substantial lot measuring 30 by 166 feet, providing ample space for various possibilities, including the potential for a laneway house.

As you approach the property at 277 High Park Avenue, Toronto, you will notice the charming brick exterior that characterises this spacious residence. The house is currently configured with four apartments, making it an attractive option for investors or those looking to generate rental income. The main floor comprises a generously sized one-bedroom apartment that offers a walk-out to the expansive backyard, perfect for enjoying the outdoors.

On the second floor, you will find a two-bedroom apartment complete with a walk-out terrace, providing a lovely space for relaxation. The third floor features an updated open-concept two-bedroom apartment that also boasts a walk-out to a rooftop terrace, offering panoramic views of the surrounding area. This unique layout makes the house for sale in Toronto not only a great living space but also a potential income-generating property.

The partially finished basement of the property is another highlight, featuring three separate exits, high ceilings, and a four-piece bathroom. There is also a rough-in for an additional kitchen, making it easy to convert this space into a spacious one-bedroom apartment. With a total of 17 rooms, including six bedrooms and two dens, this house for sale in Toronto offers plenty of room for families or multiple tenants.

While the house is unfurnished and does not include a central vacuum system, it does come equipped with central air conditioning, ensuring comfort throughout the warmer months. The heating system is forced air, and the property is connected to municipal water and sewer services. Additionally, there is parking available for up to three cars via a lane driveway, making access convenient for residents and guests alike.

The location of 277 High Park Avenue, Toronto, is truly fantastic. Just one block away from the bustling Junction, residents can enjoy easy access to a variety of shops, restaurants, and local amenities. The Bloor subway station is within walking distance, making commuting a breeze. Furthermore, the property is situated near several reputable schools, including Humberside CI, Western Tech, and Annette Public School, making it an excellent choice for families.

Although the house does require some updates, it presents a fantastic opportunity for those looking to invest in a property with great income potential. The building is not retrofitted and will be sold in "as is" condition, allowing buyers the flexibility to make improvements according to their vision.

In summary, this house for sale in Toronto at 277 High Park Avenue, Toronto, is a unique offering that combines a prime location with substantial living space and investment potential. With its four apartments, spacious backyard, and proximity to public transport and amenities, this property is an excellent choice for anyone looking to make a wise investment in the vibrant Junction Area. Don't miss out on this opportunity to own a remarkable house for sale in Toronto!

The Junction Area, nestled in the west end of Toronto, is a vibrant and eclectic neighbourhood renowned for its rich history and artistic flair. Once an industrial hub, it has transformed into a lively enclave characterised by its charming streets lined with an array of independent shops, cafes, and eateries, reflecting a diverse cultural tapestry. The area boasts an impressive selection of historic architecture, alongside modern developments, creating a unique blend of old and new. With ample green spaces, including nearby parks, and a strong sense of community spirit, the Junction offers a welcoming atmosphere for residents who appreciate both urban convenience and a close-knit neighbourhood feel. Its excellent transport links make it easy to explore the rest of Toronto, while the local arts scene and community events ensure there’s always something happening.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Annette Street Junior and Senior Public School, just 0.4 km away, offering grades JK to 8 with a school rating of 5.8. Another nearby option is St. Cecilia Catholic School, located 0.5 km from the property, which serves grades JK to 8 and has a strong rating of 7.7. For those seeking French language education, Runnymede Junior and Senior Public School, 1.1 km away, provides a solid program for grades JK to 8 with a commendable rating of 8.2. Additionally, Western Technical-Commercial School, located 0.9 km away, caters to high school students in grades 9 to 12, although it currently has a rating of 0. For Catholic education at the secondary level, Bishop Marrocco/Thomas Merton Catholic Secondary School is situated 1.6 km from the property, with a rating of 5.6. Overall, the area boasts a diverse selection of public and Catholic schools, ensuring quality educational opportunities for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 594 residents, with an average household size of 2.2 individuals. The demographic profile indicates a relatively mature community, with an average age of 38.2 years. The average household income is notably high at $117,000, reflecting the affluence of the area, although 8.4% of the population is classified as low-income. The real estate market is robust, with an average property price of $1,480,000. The community is diverse, with 20.3% of residents being immigrants, and a significant portion of the population, 46.53%, is single. Families are also prominent, as 43.75% of households include children. The rental market is strong, with 70.69% of residents renting their homes, and only 5.17% living in condominiums. Educational attainment is high, with 68.42% of residents holding a college or university degree, while 21.24% of the population is not actively participating in the labor force. This demographic snapshot suggests a well-educated, diverse community with a mix of families and singles, contributing to a vibrant neighborhood atmosphere.