50 Cuffley Crescent N

Welcome to this remarkable Multi-Family Home for sale in York , located at 50 Cuffley Crescent N, York. This impressive property is a well-maintained 6-unit multiplex that offers an exceptional opportunity for investors and developers alike. Nestled in the desirable Downsview-Roding-CFB community, this 2-storey brick building boasts a prime location on a tranquil residential street, making it a perfect choice for those looking to maximise their rental income.

As you explore this Multi-Family Home for sale in York, you will discover a total of 19 rooms, including an impressive eight bedrooms and three additional den spaces. The layout is ideal for accommodating multiple families or tenants, with four kitchens and an additional two kitchens, ensuring that every unit has the necessary facilities for comfortable living. The property also features seven bathrooms, providing ample convenience for residents.

At 50 Cuffley Crescent N, York, the building is designed to cater to a variety of living arrangements. Currently, the property comprises five spacious 2-bedroom units and one bachelor unit. Notably, four of these units are vacant, presenting a fantastic opportunity for new owners to set their own rents and maximise income potential. This is a rare find in the bustling area of Toronto, especially with two units currently tenanted, which must be assumed by the new owner.

The exterior of this Multi-Family Home for sale in York is constructed from sturdy brick, offering both durability and aesthetic appeal. The property sits on a generous lot measuring 87 x 143 feet, providing ample outdoor space for tenants. Although there is no pool or fireplace, the property is equipped with municipal water and sewer services, ensuring all essential utilities are readily available.

Parking is a significant advantage at this location. The property features three detached garage spaces, alongside a mutual driveway that accommodates up to seven additional outdoor parking spaces. This is particularly beneficial for a multi-unit dwelling, as it alleviates parking concerns for tenants and their guests.

In terms of heating, the property utilises a water heat type, which is efficient and reliable. However, it is important to note that there is no central vacuum system or air conditioning, which may be considerations for potential buyers. The building is being sold unfurnished, allowing new owners to personalise the spaces to their liking.

The location of 50 Cuffley Crescent N, York, is another highlight of this Multi-Family Home for sale in York. Just minutes away, residents will find York University and Humber River Hospital, making it an attractive option for students and healthcare professionals alike. Additionally, major highways such as the 401, 400, and Black Creek Drive are easily accessible, ensuring convenient travel throughout Toronto and beyond.

Furthermore, the property is well-served by public transport, with TTC services nearby, providing easy access to all essential amenities. This makes it an ideal spot for tenants who value convenience and connectivity in their daily lives.

As you consider this investment opportunity, it's worth mentioning that a Pre-Home Inspection Report and Floor Plans are available upon request, providing you with all the necessary information to make an informed decision. Don’t miss out on this exceptional income-generating opportunity in a sought-after location. This Multi-Family Home for sale in York at 50 Cuffley Crescent N, York, is a rare gem that is sure to attract interest from savvy investors looking to expand their portfolio in Toronto. Take the next step towards securing this fantastic property today!

Downsview-Roding-CFB is a vibrant and diverse neighbourhood located in the city of York, offering a unique blend of urban convenience and natural beauty. This area is characterised by its mix of residential spaces, parks, and local amenities, making it an ideal place for families and individuals alike. With easy access to public transport and major roadways, residents can enjoy seamless connectivity to downtown Toronto and beyond. The community is also home to several recreational facilities, schools, and shopping centres, ensuring that all essential services are within reach. Surrounded by green spaces, including the scenic Downsview Park, it provides ample opportunities for outdoor activities and relaxation, making it a welcoming and appealing place to call home.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, catering to a range of academic needs for families. The closest is Downsview Public School, just 0.2 km away, serving grades JK to 5 under the Toronto District School Board. For middle school students, Pierre Laporte Middle School is located 1.2 km from the property, also offering English instruction for grades 6 to 8. High school students can attend Downsview Secondary School, a mere 0.3 km away, which has a commendable rating of 3.2. Additionally, families seeking French-language education can consider Maple Leaf Public School, 2.1 km away, with a strong rating of 4.3. The property is also close to several Catholic schools, including St. Raphael Catholic School (0.7 km) and Madonna Catholic Secondary School (0.5 km), which have impressive ratings of 5.6 and 4.9, respectively. St. Jerome Catholic School, offering French instruction for JK to 5, is 1.9 km away and has an excellent rating of 6.2. This diverse selection of schools provides families with ample choices for their children's education, making this property an attractive option for buyers with school-aged children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 407 residents, with an average household size of 2.8 individuals. The demographic profile indicates a relatively young community, with an average age of 38.2 years. The average household income stands at $88,000, although 20.8% of the population is classified as low-income. The real estate market reflects high property values, with an average price of $1,000,000. A significant portion of the population, 54.41%, is single, and 39.13% of households include children, highlighting a mix of family structures. The community is notably diverse, with 67.95% of residents being immigrants. The rental market is robust, with 82.76% of residents renting their homes, while condos make up 10.34% of the housing options available. Educational attainment is relatively high, with 50% of the population holding a college or university degree. However, it is important to note that 42.86% of residents are not in the labor force, which may influence the local economy and community dynamics. Overall, this area presents a vibrant and diverse demographic landscape, characterized by a mix of families, singles, and a significant immigrant population.