343 Greenwood Avenue

Nestled in the heart of the vibrant Greenwood-Coxwell community, this remarkable house for sale in Toronto at 343 Greenwood Avenue, Toronto, presents an exceptional opportunity for those looking to invest in a prime piece of real estate. This detached house, boasting a distinctive 2 ½ storey style, is not just a property; it’s a chance to secure a valuable addition to your investment portfolio. With a generous total of 3,707 square feet of living space, including a basement apartment, this house for sale in Toronto is perfect for investors, owner-occupiers, or even multi-generational families seeking a spacious and versatile home.

The property features five well-appointed bedrooms, ensuring ample space for family or guests. Additionally, there is a den that can be used as a home office or a quiet retreat. With four bathrooms, this house for sale in Toronto is designed to accommodate busy lifestyles, providing convenience and comfort for all occupants. The three kitchens, including an additional kitchen, offer the flexibility needed for various culinary adventures, whether you’re hosting a family gathering or simply enjoying a quiet meal at home.

Situated on a 25 x 113 feet lot, this house for sale in Toronto is surrounded by the charm and vibrancy of the Greenwood-Coxwell neighbourhood. Although there is no pool or fireplace, the property is equipped with central air conditioning, ensuring a comfortable environment throughout the year. The forced air heating system adds to the overall comfort, making this home a delightful sanctuary regardless of the season.

The house is unfurnished, allowing you to personalise the space to your taste and style. With a total of 11 rooms, including two additional rooms, there is no shortage of space to create your dream home. The absence of a central vacuum system and family room may seem like drawbacks, but they provide a blank canvas for you to design the interior according to your preferences.

Parking is a breeze with two available spaces on the driveway, making it convenient for residents and guests alike. The property is connected to municipal water and sewer systems, ensuring reliable utilities for everyday living. The basement apartment offers additional rental potential, enhancing the investment appeal of this house for sale in Toronto.

The location of 343 Greenwood Avenue, Toronto, is simply unbeatable. Just minutes away from public transit, parks, schools, and the bustling Danforth area, this property is perfectly positioned for long-term appreciation and rental demand. The proximity to Greenwood Park provides an excellent outdoor space for recreation and relaxation, while the nearby shops and restaurants offer a vibrant community atmosphere.

It’s important to note that two of the four self-contained units are currently tenanted, while two are vacant, allowing for immediate occupancy or the opportunity to set your own rents. Each unit is separately metered, featuring its own furnace and air conditioning, which not only enhances tenant comfort but also simplifies management for investors. With the potential for maximised cash flow from day one, this house for sale in Toronto is a rare find in one of the city’s most dynamic east-end communities.

In conclusion, if you are in search of a solid investment or a spacious family home, look no further than this exceptional house for sale in Toronto at 343 Greenwood Avenue, Toronto. With its prime location, generous living space, and the potential for rental income, this property is a must-see. Don’t miss out on this rare opportunity to secure a valuable asset in a thriving community.

Greenwood-Coxwell is a vibrant and diverse neighbourhood in Toronto, nestled between the bustling streets of Danforth Avenue to the north and the serene expanse of Woodbine Park to the south. This area is characterised by its charming mix of residential homes, local shops, and inviting cafes, creating a warm and welcoming atmosphere for residents. The community boasts excellent public transport links, making it easy to access downtown Toronto while still enjoying a more laid-back suburban feel. With its proximity to beautiful parks, lively markets, and a rich tapestry of cultural influences, Greenwood-Coxwell offers an appealing blend of urban convenience and community spirit, making it an ideal place for those seeking a dynamic yet comfortable living environment.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within just 0.5 km, you will find the Equinox Holistic Alternative School, a public institution catering to grades JK to 8, with a school rating of 6.9. The Monarch Park Collegiate Institute, a secondary school for grades 9 to 12, is located 0.8 km away and boasts a strong rating of 8.3. Additionally, the Duke of Connaught Junior and Senior Public School, offering French language instruction for grades JK to 8, is 1.0 km from the property, with a rating of 5.8. For those seeking a Catholic education, St. Joseph Catholic School (0.9 km away) and St. Patrick Catholic Secondary School (0.5 km away) provide English language instruction for grades JK to 8 and 9 to 12, respectively, with ratings of 6.6 and 6.9. Lastly, Holy Name Catholic School, which serves grades JK to 3 and has a rating of 7.3, is located 1.5 km away. With a variety of educational options nearby, this property is well-suited for families prioritizing quality schooling.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 330 residents, with an average household size of 2.5 individuals. The demographic profile indicates a relatively mature community, with an average age of 39.5 years. The average household income stands at $98,000, reflecting a stable economic environment, although 12% of the population falls into the low-income bracket. The housing market is characterized by an average property price of $1,100,000, and a notable percentage of residents, 45.16%, are renters. The community is diverse, with 38.75% of the population being immigrants, and 49.12% of residents are single. Families are also present, as 33.33% of households include children. Education levels are commendable, with 40.58% of the population holding a college or university degree. However, a significant portion, 37.68%, is not participating in the labor force, which may impact the local economy. Notably, there are no condominiums in the area, indicating a potential focus on single-family homes or other types of housing. Overall, this demographic snapshot reveals a vibrant, diverse community with a mix of families, singles, and a significant number of renters.