3853 Finch Avenue E

Introducing a remarkable opportunity to acquire a house for sale in Scarborough , located at 3853 Finch Avenue E, Scarborough. This detached bungalow, nestled in the desirable L'Amoreaux community, is an ideal prospect for both savvy investors and those looking to settle down with an eye on future value. With a strategic location and an array of features, this property promises to be a sound addition to your real estate portfolio.

The address, 3853 Finch Avenue E, Scarborough, boasts a generous lot size of 60 x 125 feet, which is a rare find in this area. The south-facing lot provides ample sunlight throughout the day, making it a delightful space for potential outdoor enhancements. Although there is no pool, the expansive backyard offers a perfect canvas for landscaping or creating a serene outdoor retreat. The private driveway accommodates up to eight vehicles, ensuring that parking is never an issue—a significant advantage for families or those who enjoy hosting gatherings.

This house for sale in Scarborough features three well-proportioned bedrooms and two bathrooms, providing ample space for a growing family or individuals seeking extra room for guests. Additionally, the property includes two den spaces, allowing for versatility in how you utilise the space. Whether you envision a home office, a playroom, or an extra guest room, the possibilities are endless. The main kitchen is functional and ready for your personal touch, while the inclusion of an additional kitchen in the basement enhances the property's appeal, particularly for those considering rental opportunities.

One of the standout features of this house for sale in Scarborough is the separate entrance to the basement, which houses a two-bedroom rental unit. This arrangement offers a fantastic opportunity to ease the burden of mortgage payments, especially given the current low vacancy rates in the area. The additional income potential from this space cannot be overstated, making it an attractive option for investors looking to maximise their returns.

While the property does not feature a fireplace or central vacuum system, it is equipped with central air conditioning, ensuring comfort during the warmer months. The heating system operates on forced air, providing efficient warmth during the colder seasons. The house is unfurnished, allowing you to personalise the interior to your taste and style.

The location of 3853 Finch Avenue E, Scarborough, is another significant advantage. The future GO station is merely steps away, enhancing the investment value of this property. With public transport links improving, the potential for increased property value in the coming years is considerable. Moreover, everyday conveniences such as supermarkets, restaurants, parks, and golf clubs are all just a short drive away, making this an ideal location for families and professionals alike.

In summary, this house for sale in Scarborough at 3853 Finch Avenue E, Scarborough, is a property that offers exceptional potential. With its generous lot size, multiple bedrooms and den spaces, and the added benefit of a rental unit in the basement, it is a compelling choice for both investors and end-users. The possibilities for expansion and enhancement are plentiful, whether you choose to create an open-concept kitchen or extend the living space. Don’t miss the chance to explore this unique opportunity—come and see for yourself why this house for sale in Scarborough is a must-consider property!

L'Amoreaux, nestled within the vibrant city of Scarborough, offers a unique blend of suburban charm and urban convenience. This diverse neighbourhood is characterised by its well-established residential areas, lush parks, and a variety of amenities that cater to families and individuals alike. With excellent transport links, including easy access to major highways and public transit, residents can effortlessly explore the broader Toronto region. The community boasts a rich tapestry of cultural influences, reflected in its array of shops, restaurants, and community events, making it an inviting place for newcomers. Whether you enjoy leisurely strolls in nature or the hustle and bustle of city life, L'Amoreaux provides a welcoming environment that feels like home.

Schools in the Neighbourhood

The property is conveniently located near several reputable schools, catering to a range of educational needs for families. The closest option is Silver Springs Public School, just 0.5 km away, which offers grades JK to 8 and boasts an impressive rating of 4.9. Additionally, St. Sylvester Catholic School, located 0.6 km from the property, provides an excellent Catholic education for JK to 8 with a remarkable rating of 9.6. For secondary education, L'Amoreaux Collegiate Institute is situated 1.6 km away, while Mary Ward Catholic Secondary School, known for its strong academic performance with a rating of 8.1, is 1.7 km from the property. Families seeking French-language education can consider Ellesmere-Statton Public School, 4.2 km away, and St. Gerald Catholic School, which is 3.2 km away. Overall, the area is well-served by a mix of public and Catholic schools, ensuring quality educational options for children of all ages, making it an attractive choice for potential buyers with families.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 457 residents, with an average household size of 3.2. The community is characterized by a relatively mature demographic, with an average age of 44.3 years. The average household income stands at an impressive $120,000, although 12.8% of the population is classified as low-income. Housing prices reflect the area's affluence, with an average price of $1,360,000. The community exhibits a diverse social fabric, with 48.15% of residents being single and 45.83% living in households with children. A significant portion of the population, 52.22%, are immigrants, contributing to the area's multicultural environment. Renters comprise 22.22% of the households, while there are no condominiums available in the area. Education levels are high, with 46.05% of residents holding a college or university degree. However, it is noteworthy that 50% of the population is not in the labor force, indicating a potential for varied economic engagement. Overall, this demographic snapshot highlights a vibrant community with a mix of family-oriented households and a strong educational background, set against a backdrop of substantial property values.