50 Grove Avenue

Welcome to a remarkable investment opportunity nestled in the vibrant heart of Trinity-Bellwoods, Toronto. This stunning townhouse for sale in Toronto , located at 50 Grove Avenue, Toronto, is perfectly positioned just south of Dundas St W and west of Ossington Ave. With its prime location, this freehold townhouse is not just a property; it's a gateway to the lively lifestyle that this sought-after neighbourhood has to offer.

Spanning three storeys and boasting a charming brick front, this townhouse for sale in Toronto is a well-kept gem that sits on an impressive lot measuring 19 by 145 feet. With a total of 15 rooms, including six spacious bedrooms and four bathrooms, this property is designed to accommodate a variety of living arrangements. Whether you're an investor looking for strong rental versatility or an end user seeking a home with potential, this townhouse offers the perfect solution. Notably, one of the units will be vacant upon closing, providing an excellent opportunity for immediate occupancy or rental income.

The property features four kitchens, making it ideal for multiple tenants or families who enjoy cooking and entertaining. While there is no additional kitchen, the existing setups are more than sufficient for the needs of any household. The absence of a family room and a fireplace may seem like drawbacks, but they provide a blank canvas for you to create your own ideal living space. The central air conditioning ensures comfort during the warmer months, while the forced air heating system keeps the home cosy in winter.

At 50 Grove Avenue, Toronto, you will find an unfinished basement that offers ample potential for future development. Whether you envision a recreational area, extra storage, or a workspace, the possibilities are endless. Although there is no pool or central vacuum system, the property does come with a detached garage that provides space for two vehicles, which is a rare find in this bustling area. Unfortunately, there is no driveway or additional parking space, but the convenience of the location means that public transport and local amenities are just a stone's throw away.

This townhouse for sale in Toronto is situated in a community that thrives on its proximity to parks, cafes, restaurants, and boutique shopping. The vibrant atmosphere of Trinity-Bellwoods is perfect for those who appreciate a lively urban lifestyle. With everything you need right at your doorstep, you'll find that this address truly embodies the best of downtown living.

The age of the property is over 100 years, adding a layer of historical charm that is hard to come by in modern developments. This unique aspect not only enhances the character of the home but also contributes to its long-term value. The combination of its age, location, and potential makes this townhouse for sale in Toronto an exceptional investment opportunity.

In conclusion, if you are looking for a property that checks all the boxes in terms of location, versatility, and potential, look no further than 50 Grove Avenue, Toronto. This townhouse for sale in Toronto is a rare find that promises to deliver both immediate benefits and long-term value. Don’t miss your chance to own a piece of this vibrant community, where the best of city living awaits you. Whether you are an investor or a prospective homeowner, this property is sure to impress and inspire.

Trinity-Bellwoods is a vibrant and eclectic neighbourhood in Toronto, renowned for its lush park of the same name, which serves as a central hub for relaxation and recreation. The area is characterised by its charming tree-lined streets, historic Victorian homes, and a lively atmosphere that attracts a diverse mix of residents. You'll find an array of independent boutiques, trendy cafés, and artisanal eateries that contribute to its unique character. The community is also well-connected to public transport, making it easy to explore the rest of the city. With a strong sense of local pride and a dynamic arts scene, Trinity-Bellwoods offers a delightful blend of urban living and community spirit, making it an appealing choice for anyone looking to settle in Toronto.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, providing excellent educational opportunities for families. The closest is Ossington/Old Orchard Junior Public School, just 0.4 km away, boasting an impressive school rating of 9.7 and offering grades from JK to 6. Another nearby option is Alexander Muir/Gladstone Ave Junior and Senior Public School, located 0.6 km away, which serves grades JK to 8 and has a rating of 6.6. For secondary education, Parkdale Collegiate Institute is 1.5 km from the property, rated at 7, catering to grades 9 to 12. Additionally, there are Catholic schooling options, including Pope Francis Catholic School, also 0.4 km away, and St. Mary Catholic School, which is 1.5 km away, both providing quality education in English and French. While Ryerson Community School and Bishop Marrocco/Thomas Merton Catholic Secondary School are slightly further, they offer diverse educational experiences as well. Overall, this area is well-served by a mix of public and Catholic schools, ensuring families have access to quality education within a short distance from home.

Key Statistics of the Neighbourhood

The area surrounding the property has a small population of 390 residents, with an average household size of 2.1. The community is characterized by a relatively mature demographic, with an average age of 40.7 years. Economic indicators show a robust average household income of $141,000, although 11.2% of the population is classified as low-income. The real estate market reflects a high average property price of $1,180,000, with a significant portion of the population being renters at 60.98%. Single individuals comprise a notable 54.93% of the demographic, while households with children make up 31.58%. The area is also diverse, with 39.22% of residents being immigrants. Educational attainment is high, with 62.92% of the population holding a college or university degree. However, a significant 28.09% of residents are not in the labor force. Additionally, 19.51% of the housing stock consists of condominiums, indicating a mix of property types. Overall, this community presents a blend of affluence, diversity, and educational achievement, making it an attractive location for potential homeowners and investors alike.