3325 Ellesmere Road

Introducing an exceptional opportunity to acquire a remarkable house for sale in Scarborough , located at 3325 Ellesmere Road, Scarborough. This impressive detached property is situated in the desirable Highland Creek community, making it an ideal investment for those seeking a student rental property close to the University of Toronto Scarborough Campus. The house boasts a two-storey design with a combination of aluminium siding and brick exterior, ensuring both durability and aesthetic appeal.

This house for sale in Scarborough features an expansive layout, offering a total of 15 rooms, including an impressive 12 bedrooms and 9 bathrooms. The configuration of the house is particularly well-suited for student living, with multiple bathrooms on each floor to accommodate the needs of tenants. The property also includes two fully equipped kitchens, providing ample cooking facilities for residents. In addition to the main house, there is a separate apartment with its own entrance, further enhancing the rental potential of this property.

At 3325 Ellesmere Road, Scarborough, the main residence is designed for efficient shared living, featuring a family room that adds to the communal atmosphere. The presence of two kitchens allows for convenient meal preparation, making it easier for tenants to share living spaces while maintaining their privacy. Although the house does not include a fireplace or a central vacuum system, it does come equipped with central air conditioning, ensuring comfort throughout the warmer months.

The property is situated on a generous lot measuring 52 by 161 feet, providing ample outdoor space for tenants. While there is no pool on the premises, the expansive yard offers plenty of room for outdoor activities or potential landscaping enhancements. The absence of a garage is compensated by the availability of a driveway and lane parking, which can accommodate up to six vehicles—an attractive feature for students who may have their own cars.

The location of this house for sale in Scarborough is particularly advantageous for investors. The proximity to the University of Toronto Scarborough Campus ensures a steady demand for rental properties, making this an attractive investment opportunity. With the potential for a diversified tenant mix across the two dwellings, this property offers a unique chance to maximise rental income and long-term appreciation in a highly sought-after educational corridor.

Investors will appreciate the strong income potential that this property presents. The layout is optimised for high occupancy rates, with the separate entrance to the basement apartment providing additional rental flexibility. This house for sale in Scarborough is not only a sound investment but also a rare chance to secure a high-capacity rental asset in a prime university-driven micro-market.

In summary, 3325 Ellesmere Road, Scarborough, is a unique offering that combines spacious living with strategic rental potential. With 12 bedrooms, 9 bathrooms, and two kitchens, this house is designed to meet the needs of student tenants effectively. The absence of a pool or garage is balanced by the property's extensive features and its ideal location. This house for sale in Scarborough is an excellent opportunity for investors looking to tap into the lucrative student rental market, providing a reliable income stream in a thriving area. Don't miss out on this exceptional chance to invest in a property that promises both immediate returns and long-term value.

Highland Creek, nestled in the eastern part of Scarborough, is a picturesque suburban neighbourhood that seamlessly blends natural beauty with modern conveniences. Bordered by the serene Highland Creek ravine, this area boasts lush green spaces and scenic walking trails, perfect for outdoor enthusiasts. The community features a mix of charming residential streets, local shops, and essential amenities, all while maintaining a friendly, welcoming atmosphere. With easy access to public transport and major roadways, Highland Creek offers a tranquil retreat that remains well-connected to the vibrant urban life of Toronto, making it an ideal choice for families and individuals alike.

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 will find Highland Creek Public School, just 0.7 km away, offering both English and French language instruction for grades JK to 8, with a commendable school rating of 7.1. Additionally, Cardinal Leger Catholic School, located 1.0 km away, provides education in both English and French for grades JK to 8, though it has a lower rating of 5.5. For secondary education, West Hill Collegiate Institute is 1.3 km from the property, catering to grades 9 to 12, although it currently has no rating available. St. John Paul II Catholic Secondary School, located 1.2 km away, offers a solid educational experience for grades 9 to 12 with a rating of 7.3. This diverse range of schools, including public and Catholic options, ensures that families have access to quality education in close proximity to their home, enhancing the appeal of this property for potential buyers.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 448 residents as of 2021. The average household consists of three members, with a median age of 42.4 years. The community boasts a relatively high average household income of $96,000, although 18% of the population is classified as low-income. The real estate market reflects a significant average property price of $1,140,000. A notable portion of the population is single, accounting for 53.09%, while families with children make up 45% of households. The area is diverse, with 40% of residents being immigrants, contributing to a rich cultural fabric. Renters constitute 20.69% of the housing market, and condominiums represent 6.9% of available properties. Educational attainment is high, with 54.79% of residents holding a college or university degree. However, a significant 64.38% of the population is not in the labor force, indicating potential challenges in employment opportunities. Overall, this community presents a unique blend of demographic characteristics that may appeal to various buyers and investors.