323 Mortimer Avenue

Welcome to the fantastic opportunity that is a Multi-Family Home for sale in East York , specifically at 323 Mortimer Avenue, East York. This remarkable legal four-unit multiplex is built to the highest standards and is nestled in one of East York's most sought-after areas, the vibrant Danforth Village. Spanning approximately 5000 square feet, this all-brick residence offers a perfect mix of quality craftsmanship, versatile living spaces, and strong rental income potential.

As you explore this Multi-Family Home for sale in East York, you'll find that it features two spacious three-bedroom, four-bathroom upper units, thoughtfully designed for comfortable family living. These upper units are complemented by two bright garden-level bachelor suites, which are ideal for generating supplementary income. Each unit is equipped with custom cabinetry and en-suite laundry facilities, which are thoughtful touches that elevate daily living and attract quality tenants. With a total of eight rooms, including two additional rooms, this property is designed to cater to various living arrangements.

The address, 323 Mortimer Avenue, East York, boasts a finished basement, providing even more versatility for potential uses. While there is no family room or central vacuum system, the central air conditioning ensures a comfortable environment throughout the year. The heating system is forced air, and the property is connected to municipal water and sewer systems, making it a practical choice for modern living.

Parking is a breeze with two dedicated parking spots available, and although there is no garage, the right-of-way driveway offers convenient access. The lot measures a generous 34 x 110 feet, providing ample outdoor space for relaxation or potential landscaping projects. While there is no pool or fireplace, the property is unfurnished, allowing new owners to personalise the space to their liking.

The community surrounding 323 Mortimer Avenue, East York, is bustling with life and activity. Residents will enjoy easy access to the vibrant Danforth corridor, where eclectic dining options, charming cafes, and lively patios await. Boutique shopping and cultural events are just around the corner, ensuring there's always something to do. Families will appreciate the proximity to excellent schools, making this Multi-Family Home for sale in East York an ideal choice for those with children.

For those who enjoy the outdoors, ample parks and trails are nearby, providing green spaces for weekend relaxation and recreational activities. Commuting across the city is seamless, thanks to the close proximity of Donlands and Pape Stations, which makes this location even more appealing for potential tenants or family members who require easy access to public transport.

Whether you’re a multi-generational family seeking connected yet independent living spaces, a seasoned investor looking to build a portfolio, or a savvy buyer wanting to offset mortgage costs through rental revenue, this property truly checks every box. The meticulous construction and strategic location of 323 Mortimer Avenue, East York, represent a rare opportunity to own a turnkey multiplex in a community that never goes out of style.

In summary, this Multi-Family Home for sale in East York at 323 Mortimer Avenue, East York, is not just a property; it’s a lifestyle choice. With its impressive features, prime location, and strong rental income potential, it’s an investment that promises to deliver on multiple fronts. Don’t miss out on this exceptional opportunity to own a piece of East York real estate that is sure to impress!

Danforth Village-East York is a charming and vibrant neighbourhood located in the heart of East York, Toronto. Known for its diverse demographic and welcoming atmosphere, this area boasts a delightful mix of residential streets lined with well-maintained homes, local shops, and an array of eateries that reflect its multicultural character. The Danforth, a bustling thoroughfare, offers convenient access to public transport, making it easy to explore the wider city. Parks and green spaces are plentiful, providing residents with ample opportunities for outdoor activities and relaxation. With a strong sense of community spirit and a rich tapestry of cultures, Danforth Village-East York presents an inviting environment for anyone looking to settle in a lively yet peaceful setting.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Just 0.3 km away, Holy Cross Catholic School offers a nurturing environment for students from JK to Grade 8, with a school rating of 5.1. Similarly, Wilkinson Junior Public School, located 0.6 km from the property, provides education from JK to Grade 6 and boasts a solid rating of 7.7. For older children, Westwood Middle School is only 0.8 km away, catering to Grades 6 to 8, while East York Collegiate Institute, situated 1.4 km from the property, serves Grades 9 to 12 with a rating of 5.4. Additionally, Holy Name Catholic School, which offers a French-language curriculum for JK to Grade 3, is 1.2 km away and has a commendable rating of 7.3. Families seeking a Catholic education can consider St. Patrick Catholic Secondary School, also 1.4 km away, which serves Grades 9 to 12 and has a rating of 6.9. Overall, the area is well-served by a variety of educational institutions, ensuring quality options for students of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 512 residents, with an average household size of 2.6 individuals. The community has a relatively mature demographic, with an average age of 42.3 years. Economically, the area is affluent, featuring an average household income of $159,000, and only 6% of the population classified as low-income. The average property price stands at $1,180,000, indicating a competitive real estate market. Socially, the community is diverse, with 26.45% of residents being immigrants and 38.55% of the population identifying as single. Families are prominent, with 53.33% of households containing children. The rental market is also notable, with 29.27% of residents renting their homes. Educational attainment is high, with 68.82% of the population holding a college or university degree. However, a significant portion, 35.48%, is not in the labor force, which may reflect varying lifestyle choices or retirement status. Overall, this area presents a blend of affluence, family-oriented living, and a strong emphasis on education, making it an attractive place for potential homeowners and investors alike.