327 Vaughan Road

If you’re on the lookout for a fantastic investment opportunity, look no further than this Multi-Family Home for sale in Toronto , located at 327 Vaughan Road, Toronto. This purpose-built triplex is nestled in the highly sought-after Humewood-Cedarvale neighbourhood, offering an ideal blend of comfort and convenience. With a total of 10 rooms, this property is designed to cater to a variety of living arrangements and is perfect for those looking to generate income or accommodate a larger family.

The building itself is a charming two-storey multiplex constructed from durable brick, ensuring both longevity and aesthetic appeal. It features four bedrooms and one den, providing ample space for residents. The property includes two well-appointed kitchens, which are perfect for those who enjoy cooking or need extra space for meal prep. With three bathrooms, there’s no need to worry about morning rush hour, making it a practical choice for families or multiple tenants.

At 327 Vaughan Road, Toronto, you’ll find that each unit is bathed in natural light, creating a warm and inviting atmosphere. The main floor and upper unit both boast private balconies, offering a lovely outdoor space to relax and enjoy the fresh air. Unfortunately, this Multi-Family Home for sale in Toronto does not come with a pool or a fireplace, but the absence of these features allows for a more straightforward maintenance routine.

Parking is a breeze with a mutual driveway that currently serves as exclusive to the owner, as they also own the neighbouring property at 329 Vaughan Road. This setup provides ample parking space, with two parking spots available. The detached garage adds an extra layer of convenience, accommodating one vehicle while still leaving room for additional parking needs.

The property is unfurnished, allowing you the freedom to style it to your taste. The heating system is water-based, and the home is equipped with wall unit air conditioning to keep you cool during those hot summer months. Internet connectivity is also available, ensuring that you can stay connected whether you’re living in one of the units or renting them out.

One of the standout features of this Multi-Family Home for sale in Toronto is its location. Situated in a top-rated school district, including Humewood Community School and Forest Hill Collegiate, families will appreciate the educational opportunities available nearby. The property is just a stone’s throw from Cedarvale Park, making it perfect for outdoor enthusiasts. You’ll also find yourself within walking distance of St. Clair West, where you can enjoy a variety of shops, restaurants, and public transport options, including TTC and LRT services.

The basement of the property is designed as an apartment, adding even more versatility to this already impressive home. Whether you’re looking to house extended family, create a guest suite, or rent it out for additional income, the possibilities are endless.

With a lot size of 27 x 120 feet, this Multi-Family Home for sale in Toronto offers plenty of outdoor space for potential landscaping or gardening projects. Although there are no additional land parcels included, the existing space is more than sufficient for a variety of uses.

In summary, 327 Vaughan Road, Toronto, presents a rare opportunity to own a solid multi-unit property in a high-appreciation neighbourhood. With its strong rental demand and family-friendly atmosphere, this property is perfect for both investors and end-users alike. Don’t miss out on this incredible chance to build generational wealth in a prime location. If you’re interested in learning more about the operating expenses and rent rolls, be sure to check the attachments. This Multi-Family Home for sale in Toronto is waiting for you!

Humewood-Cedarvale is a charming and picturesque neighbourhood nestled in the heart of Toronto, characterised by its lush green spaces and a strong sense of community. This residential area is bordered by the scenic Cedarvale Park, offering ample opportunities for outdoor activities such as walking, cycling, and picnicking. The tree-lined streets are home to a mix of architectural styles, including quaint bungalows and elegant two-storey homes, creating a welcoming atmosphere. Residents enjoy easy access to local amenities, including boutique shops, cafes, and excellent schools, while the nearby subway station provides convenient transport links to the bustling downtown core. Humewood-Cedarvale is an ideal choice for those seeking a peaceful yet vibrant urban lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest school is Humewood Community School, just 0.3 km away, offering both English and French instruction for grades JK to 8, with a commendable rating of 6.8. Another nearby option is St. Alphonsus Catholic School, located 0.7 km away, providing education in both English and French for grades JK to 8, although it has a lower rating of 4.9. For secondary education, Forest Hill Collegiate Institute is 1.7 km from the property, although it currently has no rating available. Loretto College School, also 1.9 km away, serves grades 9 to 12 with a rating of 6. Additionally, Marshall McLuhan Catholic Secondary School is 2.6 km away, offering French instruction for grades 9 to 12 and a rating of 6.6. Overall, the area boasts a variety of public and Catholic schools, catering to different educational needs and preferences, ensuring that residents have access to quality education within a short distance from home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 512 residents, with an average household size of 2.3. The demographic profile indicates a mature community, with an average age of 43.7 years. The average household income is notably high at $118,000, reflecting the affluence of the area, although 8% of the population is classified as low-income. The real estate market shows an average property price of $1,260,000, suggesting a competitive housing environment. A significant portion of the population, 44.32%, is single, while 36.67% of households include children, indicating a mix of family structures. Immigrants make up 34.95% of the community, contributing to its diversity. Renters constitute 45.45% of the population, highlighting a substantial rental market, while there are no condos available in the area. Education levels are high, with 66.67% of residents holding a college or university degree. However, 32.14% of the population is not in the labor force, which may reflect a range of factors including retirement or other personal choices. Overall, this community presents a blend of demographic characteristics that may appeal to various potential homeowners and investors.