282 Ossington Avenue

Nestled in one of the most vibrant neighbourhoods of Toronto, the house for sale in Toronto at 282 Ossington Avenue, Toronto, presents an exceptional opportunity for a variety of buyers. This remarkable detached house, styled over three storeys, boasts a charming brick exterior that is both aesthetically pleasing and durable. With a generous lot size of 23 x 100 feet, this property is perfectly situated just steps away from the lush expanses of Trinity-Bellwoods Park, as well as the eclectic mix of restaurants, bars, and retail establishments that the Ossington Strip is renowned for.

The house for sale in Toronto features a total of six bedrooms, providing ample space for families or groups seeking a comfortable living arrangement. Additionally, there are two dens that can serve as versatile spaces for work or leisure. The layout of the house is particularly advantageous, comprising three separate units that cater to various living situations. The second and third floors house a spacious, vacant four-bedroom unit complete with a deck, ideal for enjoying the outdoors. Furthermore, there is a vacant two-bedroom apartment located in the basement, offering a private and self-contained living space. On the main floor, a two-bedroom unit is currently leased at $3,200 per month plus utilities on a month-to-month basis, making this property an attractive option for those looking to generate supplemental income.

For potential buyers, this house for sale in Toronto presents several appealing possibilities. It is perfect for those in search of a well-maintained detached home that can provide a significant income stream of over $5,400 per month to help cover expenses and mortgage costs. Alternatively, the property can easily be converted back into a single-family home, offering flexibility for families who desire more space. Investors will also find this property particularly enticing, as it is a turnkey investment with an estimated annual income of around £120,000, making it a sound financial choice.

The house at 282 Ossington Avenue, Toronto, includes a total of ten rooms, with four additional rooms that can be utilised for various purposes. Although the property does not feature a family room, the spacious layout ensures that there is plenty of room for relaxation and entertainment. The two kitchens—one of which is additional—are well-equipped to cater to the needs of multiple households or for hosting gatherings. The absence of air conditioning and a central vacuum system may be seen as drawbacks; however, the forced air heating system ensures that the home remains warm and comfortable during the colder months.

Parking is conveniently provided by a detached two-car garage with lane access at the rear of the property, which is a valuable asset in this bustling area. However, it is worth noting that there is no additional land or parking space included with the property, which is something potential buyers should consider.

The sewer and municipal water services are in place, ensuring that the essential utilities are readily available. While the house does not include a pool or a fireplace, the vibrant community and the proximity to Trinity-Bellwoods Park more than compensate for these features, providing a lively outdoor space for leisure and recreation.

In summary, this house for sale in Toronto at 282 Ossington Avenue, Toronto, offers an exceptional opportunity for various buyers, whether they are looking for a family home, an investment property, or a combination of both. With its prime location, spacious layout, and potential for income generation, this property is a must-see for anyone interested in the dynamic Toronto real estate market. Don’t miss out on the chance to explore this unique house for sale in Toronto.

Trinity-Bellwoods is a vibrant neighbourhood in Toronto, renowned for its charming blend of urban living and natural beauty. Nestled around the expansive Trinity Bellwoods Park, the area boasts tree-lined streets, historic Victorian homes, and a lively atmosphere that attracts a diverse mix of residents. The park itself serves as a central hub for outdoor activities, social gatherings, and cultural events, while the surrounding streets are dotted with an array of trendy cafés, boutique shops, and artisanal eateries. With its close-knit feel and a strong sense of local identity, Trinity-Bellwoods offers an inviting environment for those seeking a dynamic yet laid-back lifestyle in the heart of the city.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Pope Francis Catholic School, just 0.1 km away, offering elementary education from JK to 8 with a commendable rating of 6.6. Ossington/Old Orchard Junior Public School, only 0.3 km from the property, provides elementary education (JK to 6) with a strong rating of 8.2. For older students, Harbord Collegiate Institute, located 1.3 km away, serves grades 9 to 12 and has a solid rating of 7.3. Other nearby schools include Alexander Muir/Gladstone Ave Junior and Senior Public School (0.8 km, grades JK to 8, rating 6.2) and St. Mary Catholic School (1.4 km, grades JK to 4, rating 5.9). Additionally, Ryerson Community School (1.5 km, grades JK to 8, rating 4.6) and Bishop Marrocco/Thomas Merton Catholic Secondary School (2.5 km, grades 9 to 12, rating 5.6) provide more options. With a mix of public and Catholic schools, the area offers diverse educational opportunities for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 343 residents, with an average household size of 2.3 individuals. The community has a relatively mature demographic, with an average age of 40.3 years. Economic indicators show a robust average household income of $150,000, although 11.6% of the population is classified as low-income. The average property price in the area stands at $1,440,000, reflecting the high value of real estate. Socially, the area has a diverse population, with nearly half (49.18%) of residents being single and 36.84% living in households with children. A significant portion of the community, 30.16%, are immigrants, contributing to the area's cultural diversity. Renters comprise a majority at 55.17%, while there are no condominiums reported in the area. Education levels are high, with 67.8% of residents holding a college or university degree. However, a notable 25.42% of the population is not actively participating in the labor force, indicating potential opportunities for community engagement and workforce development. Overall, this demographic snapshot highlights a well-educated, diverse community with a mix of families and singles, set against a backdrop of high property values and incomes.