39 Penhurst Avenue

Welcome to this exceptional Multi-Family Home for sale in Etobicoke , located at 39 Penhurst Avenue, Etobicoke. This property, nestled in the charming and evolving Stonegate-Queensway community, is a fantastic opportunity for both investors and those looking to occupy a spacious home. With its unique blend of character and modern potential, this multiplex is truly a gem in the heart of Toronto.

This well-maintained, three-storey building boasts a brick exterior and offers a generous total of 9 rooms, including 4 bedrooms and 2 dens, making it ideal for families or as an investment property. The Multi-Family Home for sale in Etobicoke features two kitchens, which is perfect for accommodating multiple families or guests. The layout is designed to maximise space and functionality, with a total area of 2,842 sq.ft., including a basement apartment that adds further versatility to the property.

The property is configured as a triplex, featuring three spacious two-bedroom units. The second-floor unit is currently vacant, providing a fantastic opportunity for immediate rental income or for personal use. Each unit is equipped with its own hydro and gas meters, ensuring convenience and independence for all residents. Additionally, the property includes five parking spaces, which is a rare find in this bustling area.

While this Multi-Family Home for sale in Etobicoke does not come with central air conditioning or a fireplace, it does have forced air heating to keep you warm during those chilly months. The absence of a swimming pool might be a drawback for some, but the expansive lot size of 31 x 103 feet offers plenty of outdoor space for gardening or simply enjoying the fresh air. The driveway is available for easy access, and with no garage space, you'll have ample room for parking.

One of the standout features of this property is its prime location at 39 Penhurst Avenue, Etobicoke. The Stonegate-Queensway neighbourhood is undergoing a vibrant transformation, with new condo developments sprouting up alongside established homes. Residents will appreciate the convenience of being within walking distance to public transport and local shops, making daily errands a breeze. Plus, with downtown Toronto just a short drive away, you can enjoy the best of both worlds—peaceful suburban living and easy access to the city's hustle and bustle.

As the community continues to grow and evolve, this Multi-Family Home for sale in Etobicoke presents a timely investment opportunity with significant future potential. The area is becoming increasingly desirable, with a burgeoning community feel that is hard to resist. Whether you're looking to invest in a property that promises great returns or seeking a spacious home to accommodate your family, this triplex at 39 Penhurst Avenue, Etobicoke, is worth your consideration.

In summary, this meticulously maintained building is not just a house; it's a chance to be part of a thriving community in Stonegate-Queensway. With its spacious units, convenient location, and potential for future growth, this Multi-Family Home for sale in Etobicoke is a rare find. Don’t miss out on the opportunity to own a piece of this evolving neighbourhood. Contact us today to arrange a viewing and see for yourself the incredible potential that awaits at 39 Penhurst Avenue, Etobicoke!

Stonegate-Queensway, nestled in the vibrant borough of Etobicoke, offers a charming blend of suburban tranquillity and urban convenience. This picturesque area is characterised by its tree-lined streets, well-maintained parks, and a variety of housing options, from quaint bungalows to modern townhouses. Residents enjoy easy access to local amenities, including shops, schools, and recreational facilities, while the nearby waterfront provides opportunities for leisurely strolls and outdoor activities. With excellent public transport links and a strong sense of community spirit, Stonegate-Queensway is an inviting locale for those seeking a balanced lifestyle in the Greater Toronto Area.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is St. Louis Catholic School, just 0.2 km away, offering elementary education in both English and French, with a respectable school rating of 6.9. George R Gauld Junior School, another public elementary school, is only 0.5 km away, serving grades JK to 5. For middle school education, Karen Kain School of the Arts is located 0.7 km from the property, catering to grades 6 to 8. John English Junior Middle School, a public institution with a French language program, is 1.5 km away and boasts a solid rating of 7.6. High school options include Lakeshore Collegiate Institute, located 3.0 km away, and Bishop Allen Academy, which is 1.2 km away and has a rating of 7.4. Additionally, James Culnan Catholic School offers elementary education in French, though it is a bit further at 4.2 km. Overall, the area provides a diverse range of schooling options, ensuring quality education for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,648 residents, with an average household size of 2.3 individuals. The demographic profile indicates a relatively mature population, with an average age of 40.9 years. The community enjoys a high average household income of $168,000, with only 6.4% of the population classified as low-income. Housing prices are reflective of this affluence, with an average property price of $1,124,000. Approximately 40.86% of the residents are single, while 42.71% live in households with children, highlighting a family-friendly environment. The area is also characterized by a significant immigrant population, comprising 36% of the residents. Renters make up 22.6% of the households, and condominiums represent 26.03% of the housing stock. Education levels are notably high, with 70.86% of the population holding a college or university degree. However, 23.02% of the residents are not in the labor force, indicating a diverse economic landscape. Overall, this community presents a blend of affluence, education, and family-oriented living, making it an attractive location for potential buyers.