51 Chicora Avenue

Nestled in the heart of the Annex community, this charming semi-detached house for sale in Toronto , located at 51 Chicora Avenue, Toronto, presents a remarkable opportunity for those looking to create their ideal city home. This 125-year-old Edwardian residence, boasting a sunny south-facing exposure, is ready for a visionary buyer to reimagine its interior and transform it into a stunning living space. With probate recently completed, the owners are offering a very flexible closing date, accommodating either an early or later move, depending on your needs. The property is currently vacant, making it incredibly easy to show.

As you approach this handsome 2 ½ storey red brick home, you will appreciate the tree-lined streets of Chicora Avenue, which are adorned with century-old Edwardian houses, adding to the charm of the neighbourhood. Built in 1900, this property has been cherished by the current family since 1952, and while it is officially listed with the city of Toronto as a duplex, it does not currently feature two separate apartments. This presents an exciting opportunity for builders or architects to renovate and create a highly attractive home tailored for professionals seeking to enjoy the vibrant city life.

This house for sale in Toronto offers a generous layout with a total of nine rooms, including five spacious bedrooms and three bathrooms, making it ideal for families or those who require extra space for guests or a home office. Notably, the property features two kitchens, providing ample opportunity for culinary enthusiasts to explore their passion for cooking. Although there is no den or family room, the flexible space allows for creative reconfiguration to suit your lifestyle needs.

The exterior of the house is constructed from durable brick, ensuring longevity and a classic aesthetic. The lot measures 24 by 119 feet, providing a decent outdoor area for potential landscaping or garden projects. While there is no pool or garage space, the property does offer two parking spaces accessed via a lane off the rear of the property, currently rented out. For showings and open houses, visitors are kindly requested to park on the street, allowing for easy access to this inviting house for sale in Toronto.

Inside, the home is equipped with central air conditioning, ensuring comfort during the warmer months. The heating system operates on forced air, providing efficient warmth throughout the colder seasons. The basement is partially finished and features a walk-up, presenting additional potential for further development or storage solutions. Internet connectivity is readily available, making it convenient for those who work from home or enjoy staying connected.

Despite its unfurnished state, this house for sale in Toronto is a blank canvas, ready for your personal touch. The absence of a central vacuum system or fireplace allows for a straightforward renovation process, enabling you to implement your design vision without the constraints of existing features.

In summary, 51 Chicora Avenue, Toronto, is a unique opportunity for anyone looking to invest in a property that combines historical charm with modern potential. Whether you are a builder, architect, or simply someone with a creative vision, this house for sale in Toronto is waiting for you to breathe new life into its storied walls. With its prime location in the Annex, proximity to amenities, and the flexibility offered by the owners, this property is undoubtedly a great project for those eager to craft a beautiful home in one of Toronto's most desirable neighbourhoods.

The Annex is a vibrant and eclectic neighbourhood nestled just north of downtown Toronto, renowned for its charming tree-lined streets and a rich tapestry of architectural styles, ranging from Victorian and Edwardian homes to modern condominiums. This culturally diverse area is home to a lively mix of cafes, bookstores, and boutique shops, creating a bustling atmosphere that attracts students, artists, and professionals alike. With its proximity to the University of Toronto, the Annex boasts a youthful energy and a plethora of cultural activities, including galleries, theatres, and music venues. Residents enjoy easy access to public transport, making it a convenient base for exploring the rest of the city while relishing the unique character and community spirit that the Annex has to offer.

Schools in the Neighbourhood

This property is ideally situated near several reputable educational institutions, making it a great choice for families. Within a short distance, you will find Huron Street Junior Public School (0.6 km) and Jesse Ketchum Junior and Senior Public School (0.7 km), both offering English-language instruction for grades JK to 8, with ratings of 7.2 and 7.8, respectively. For secondary education, Harbord Collegiate Institute (2.0 km) stands out with an impressive rating of 8.8, catering to grades 9 to 12. Additionally, Holy Rosary Catholic School, located 1.6 km away, provides a strong Catholic education for grades JK to 8 and has a commendable rating of 8.7. Other nearby options include St. Joseph's College School (1.5 km) and Marshall McLuhan Catholic Secondary School (3.6 km), both offering Catholic education for older students. The diverse educational landscape includes both public and Catholic schools, with language options in English and French, ensuring that families have access to quality education tailored to their preferences. This vibrant community is perfect for nurturing young minds and fostering a love for learning.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,467 residents, with an average household size of 1.6 individuals. The demographic profile indicates a mature population, with an average age of 47.2 years. The average household income is notably high at $138,400, although 28.8% of the population falls into the low-income category. Housing prices reflect the area's desirability, with an average property value of $1,980,000. A significant portion of the community is single, comprising 63.47% of the population, while households with children make up 22.22%. The area is diverse, with 40.66% of residents being immigrants. A majority of residents, 62.5%, are renters, and 30.36% live in condominiums. Educational attainment is high, with 66.79% of the population holding a college or university degree. However, it is noteworthy that 47.33% of the population is not in the labor force, indicating a potential demographic trend towards retirement or non-traditional employment. This combination of factors paints a picture of a well-educated, diverse community with a mix of single professionals and families, contributing to the area's unique character and appeal.