511 Davenport Road

If you’re on the lookout for a fantastic property, then this house for sale in Toronto might just be the gem you’ve been waiting for. Nestled at 511 Davenport Road, Toronto, this solid detached 2.5-storey home is an outstanding opportunity, especially given its prime location right across from the iconic Casa Loma. This area is known for its charm and character, making it an ideal spot for anyone looking to settle down in a vibrant community.

As you step inside, you’ll be greeted by a wealth of original features that truly enhance the character of this house for sale in Toronto. The leaded glass windows and French doors are just a couple of the charming details that give this home a unique touch. The inviting fireplace adds a warm focal point to the living area, perfect for those chilly evenings. With three spacious bedrooms and a den, there’s plenty of room for family or guests. The house also boasts three bathrooms, which is a real bonus for a busy household.

The kitchen is well-equipped, featuring not just one but an additional kitchen, making it perfect for those who love to cook or entertain. The total of seven rooms in the house allows for a flexible layout, accommodating various living arrangements. Although there’s no family room, the third-floor loft provides an open-concept space with a lovely skylight, which could easily be transformed into a cosy retreat or a creative workspace. The upper floors are currently vacant and ready for your personal vision, offering endless potential for those who want to put their stamp on the property.

This house for sale in Toronto is also equipped with central air conditioning, ensuring comfort throughout the warmer months. However, it’s worth noting that there’s no central vacuum system, which might be a consideration for some buyers. The property is unfurnished, giving you the freedom to design the interior to your liking. The heating system is forced air, and the home is connected to municipal water and sewer services, which adds to the convenience of living here.

One of the standout features of this property is the basement, which includes an apartment. This could serve as a perfect rental opportunity, as it’s currently occupied by a lovely tenant who pays $1,300 a month plus 20% of utilities and would like to stay. This arrangement could provide you with a steady income while you enjoy the rest of the house.

Parking is a breeze with space for two cars via a rear lane right of way, which is a significant advantage in this bustling area. The rear patio has been upgraded with a newer retaining wall, making it a great spot for outdoor relaxation or entertaining guests.

Location is everything, and this house for sale in Toronto is ideally situated between Spadina and Madison. You’re just a short walk away from the Dupont Subway, making commuting a cinch. Plus, the revitalised stretch of Dupont is filled with vibrant shops, cafes, and amenities, including Farm Boy and Creeds, ensuring you have everything you need right on your doorstep.

The property is zoned for both residential and commercial use, having previously served as professional offices. This makes it an excellent choice for designers, lawyers, therapists, accountants, or anyone looking to combine living and working spaces.

In summary, if you’re searching for a house for sale in Toronto that offers character, potential, and an unbeatable location, look no further than 511 Davenport Road, Toronto. With its charming features, spacious layout, and proximity to local amenities, this property is a true find. Don’t miss out on the chance to make this house your home!

Casa Loma is a charming and picturesque neighbourhood nestled in the heart of Toronto, renowned for its stunning architecture and lush greenery. Dominated by the iconic Casa Loma castle, this area offers a unique blend of historical elegance and modern living. Residents enjoy tree-lined streets, beautifully landscaped gardens, and a variety of local amenities, including boutique shops, cafes, and parks. The community is well-connected to public transport, making it easy to access the vibrant city centre while providing a serene retreat from the urban hustle. With its rich heritage and tranquil atmosphere, Casa Loma is an inviting choice for those seeking a distinctive and refined living experience in Toronto.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a short distance, you'll find Hillcrest Community School, a highly-rated public elementary school offering grades JK to 6, just 0.7 km away with a commendable rating of 8.8. Jesse Ketchum Junior and Senior Public School, located 1.3 km from the property, serves grades JK to 8 and holds a rating of 7.8. For secondary education, Harbord Collegiate Institute, also rated 8.8, is only 1.9 km away, providing a strong academic environment for grades 9 to 12. Additionally, Holy Rosary Catholic School, with an excellent rating of 8.7, is 1.0 km away, catering to both English and French-speaking students from JK to 8. Other nearby options include St. Joseph's College School and Marshall McLuhan Catholic Secondary School, both offering Catholic education for older students. With a mix of public and Catholic institutions, as well as a variety of language options, this area is well-equipped to meet the educational needs of your family.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 1,118 residents, characterized by a relatively small average household size of 1.7. The demographic profile indicates an average age of 42.8 years, with a significant portion of the population (53.92%) identifying as single. The community exhibits a high average household income of $166,000, although 15.5% of residents fall within the low-income bracket. The average property price in the area stands at $1,264,000, reflecting the demand for housing, with 51.54% of the units being condominiums. Families with children represent 21.82% of households, while renters make up 43.08% of the population. Additionally, the area is home to a diverse community, with 27.43% of residents being immigrants. Education levels are notably high, with 77.23% of individuals holding a college or university degree. However, it is important to note that 32.18% of the population is not in the labor force, indicating a potential demographic of retirees or students. Overall, this vibrant community offers a mix of young professionals, families, and educated individuals, making it an attractive location for prospective homeowners and investors alike.