58 Garthdale Court W

Introducing an exceptional investment opportunity, this Multi-Family Home for sale in Toronto is a remarkable triplex located at 58 Garthdale Court W, Toronto. Nestled in the highly sought-after Bathurst Manor community, this property boasts a prime location that is sure to attract discerning tenants. With a generous total of 10 bedrooms and 18 rooms in total, this building is designed to cater to a variety of living arrangements, making it an ideal choice for investors looking to capitalise on the high demand for rental properties in the area.

The building, a well-maintained three-storey multiplex, features a charming brick front that adds character to the exterior. The flat roof was replaced around 2020, ensuring that the property is in excellent condition and ready for the new owner to reap the benefits. Additionally, the updated sewage system, installed in 2018 with a backwater valve, provides peace of mind and reflects the meticulous care that has been taken to maintain this property.

At 58 Garthdale Court W, Toronto, you will find eight kitchens, which is a significant advantage for a multi-family dwelling. Each unit is equipped to provide tenants with the convenience of cooking in their own space, which is a highly desirable feature in rental properties. The absence of a den and additional rooms is more than compensated by the extensive living space available throughout the property.

This Multi-Family Home for sale in Toronto does not feature any bathrooms as a specific count; however, the layout of the property allows for flexibility in accommodating tenants’ needs. The family room is a welcoming space, perfect for communal gatherings, while the wall unit air conditioning ensures comfort during the warmer months. The property is unfurnished, allowing new owners to furnish it according to their vision and the preferences of future tenants.

Parking is a significant consideration for any rental property, and this triplex does not disappoint. With four available parking spaces, including front yard parking and a private driveway, tenants will appreciate the convenience of having their own designated spots. The absence of a garage does not detract from the overall appeal, as the parking arrangements are more than adequate for the needs of residents.

Moreover, the property is equipped with internet access, a crucial feature for today’s tenants who rely on connectivity for work and leisure. The landlord controls utilities, which simplifies management and can lead to increased profitability for the owner. The presence of three coin-operated washers, one on each level, adds an additional revenue stream while providing tenants with essential amenities.

Situated close to transit, schools, and various amenities, 58 Garthdale Court W, Toronto, is perfectly positioned to attract a steady flow of potential tenants. The Bathurst Manor community is known for its vibrant atmosphere and accessibility, making it an attractive location for families and professionals alike. This Multi-Family Home for sale in Toronto presents a rare opportunity to own a high-income rental property in a fantastic neighbourhood, and it is not to be missed.

The property sits on a generous lot measuring 33 by 120 feet, providing ample outdoor space that could be utilised for landscaping or communal areas. While there is no pool or fireplace, the features of this triplex more than compensate for these omissions, offering a practical and appealing living environment for future residents.

In conclusion, this Multi-Family Home for sale in Toronto at 58 Garthdale Court W, Toronto, is an outstanding investment opportunity in a high-demand rental market. With its excellent location, substantial living space, and well-maintained facilities, this property is poised to generate significant income for its new owner. Do not miss out on this chance to invest in a property that promises both comfort and profitability in the thriving Bathurst Manor community.

Bathurst Manor is a charming residential neighbourhood located in the northern part of Toronto, characterised by its tree-lined streets and a mix of single-family homes and low-rise apartments. This family-friendly area boasts a variety of amenities, including parks, schools, and shopping centres, making it an ideal place for those seeking a balanced lifestyle. The community is well-connected by public transport, providing easy access to the vibrant urban life of downtown Toronto while maintaining a tranquil suburban atmosphere. With its welcoming environment and diverse population, Bathurst Manor offers a delightful blend of convenience and comfort for potential residents.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a variety of needs for families. Within a short distance of 0.6 km, you will find Wilmington Elementary School and Charles H Best Junior Middle School, both part of the Toronto District School Board, offering English-language instruction for grades JK to 8. For secondary education, William Lyon Mackenzie Collegiate Institute is just 1.1 km away, providing a comprehensive program for grades 9 to 12. Additionally, there are Catholic schooling options, including St. Robert Catholic School and James Cardinal McGuigan Catholic High School, both approximately 2.3 km from the property, which offer a strong academic environment with school ratings of 7.6 and 6, respectively. St. Jerome Catholic School, located 2.5 km away, also offers a French-language curriculum for younger students. While some schools are rated lower, the variety of options ensures that families can choose the best fit for their children's education. Overall, this location is ideal for families seeking access to quality public and Catholic schools within a short commute.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,047 residents, with an average household size of 2.8. The community is relatively young, with an average age of 37.7 years. The average household income stands at $90,400, although 13.4% of the population is classified as low-income. The real estate market reflects a high average property price of $1,200,000. Notably, the demographic is diverse, with 63.88% of residents being immigrants. The community has a significant number of single individuals, comprising 50.29% of the population, and a considerable portion of households, 54.39%, includes children. The rental market is dominant, with 90.91% of residents renting their homes, while there are no condos available in the area. Education levels are high, with 59.02% of the population holding a college or university degree. However, a notable 32.79% of residents are not in the labor force, indicating potential challenges in employment opportunities. Overall, this demographic profile highlights a vibrant, youthful community with a strong emphasis on education and a diverse population, albeit with some economic disparities.