65 Mooregate Avenue

Welcome to the exceptional house for sale in Scarborough , located at 65 Mooregate Avenue, Scarborough. This splendid detached bungalow is situated in the highly sought-after Ionview community, offering an outstanding investment opportunity or a perfect residence for those keen on generating rental income. The property has been meticulously updated to deliver modern living at its finest, ensuring that every detail has been thoughtfully designed for both style and functionality.

As you step into this charming house for sale in Scarborough, you will discover that it is currently divided into two self-contained apartments, each boasting its own private entrance. This layout makes it an ideal choice for renters or multi-generational families looking for a harmonious living arrangement. The house features three well-appointed bedrooms and three additional rooms, providing ample space for comfortable living. The two bathrooms have been tastefully renovated, ensuring a contemporary feel throughout the property.

The main kitchen, which serves as the heart of the home, is equipped with custom features, including sleek quartz countertops and stylish shaker-style cabinetry. The additional kitchen further enhances the functionality of this house for sale in Scarborough, making it perfect for those who enjoy cooking or entertaining. The flooring throughout the property has been carefully chosen for durability and aesthetic appeal, with engineered hardwood gracing the main level and low-maintenance vinyl flooring in the basement.

One of the standout features of 65 Mooregate Avenue, Scarborough, is the separate entrance leading to the basement apartment. This space offers potential for additional rental income or can serve as a comfortable retreat for family members. The property also boasts a central air conditioning system, ensuring a pleasant environment during the warmer months. Although there is no family room or central vacuum system, the house compensates with its spacious layout and thoughtful design.

The outdoor space is equally impressive, with a generous backyard that provides direct access to the tranquil Mooregate Park. This feature is perfect for those who enjoy outdoor activities or simply wish to unwind in a peaceful setting. The newly constructed deck is ideal for hosting gatherings or enjoying quiet moments in privacy. Additionally, the property offers parking for up to four vehicles, including a carport, making it convenient for residents and tenants alike.

Situated on a sizeable lot measuring 42 by 120 feet, this house for sale in Scarborough provides ample space for outdoor enjoyment and potential future enhancements. The property is connected to municipal water and sewer services, ensuring a hassle-free living experience. Although there is no pool on the premises, the proximity to nearby parks and recreational facilities more than compensates for this.

Location is key, and 65 Mooregate Avenue, Scarborough, is perfectly positioned to take advantage of the surrounding amenities. Residents will benefit from easy access to public transit, including the TTC and the upcoming LRT, making commuting a breeze. Furthermore, the area is home to excellent schools and a variety of shopping options, catering to all needs.

In summary, this house for sale in Scarborough is a unique opportunity for savvy investors or anyone seeking a versatile home with great potential for rental income. The fully renovated property, with its modern features and prime location, is a must-see. Don’t miss out on the chance to own this exceptional bungalow at 65 Mooregate Avenue, Scarborough, where comfort, style, and investment potential converge seamlessly. Whether you are looking to occupy, rent, or invest, this property is sure to impress.

Ionview is a charming residential neighbourhood nestled within the city of Scarborough, Toronto. Known for its tranquil streets and family-friendly atmosphere, this area boasts a mix of well-maintained homes, green spaces, and convenient amenities. Residents enjoy easy access to public transport, making commuting to downtown Toronto a breeze. The community is also close to schools, parks, and shopping centres, providing a balanced lifestyle for families and individuals alike. With its welcoming vibe and diverse population, Ionview offers a pleasant suburban retreat while still being connected to the vibrant urban life of Scarborough.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, making it an attractive option for families. The closest school is Lord Roberts Junior Public School, located just 0.4 km away, offering grades JK to 6 with a school rating of 6.6. Ionview Public School, also nearby at 0.7 km, serves grades JK to 8 and has a rating of 6.4. For secondary education, David and Mary Thomson Collegiate Institute is located 1.7 km from the property, although it currently has no rating. General Crerar Public School (1.0 km) and St. Albert Catholic School (0.6 km) provide additional options for elementary education, with ratings of 5.6 and 5.1, respectively. Catholic education is also available, with St. Joan of Arc Catholic Academy and St. John Henry Newman Catholic High School within a short distance, though they currently lack ratings. Additionally, St. Agatha Catholic School offers a French-language curriculum for younger students at a distance of 3.7 km. Overall, this location offers a diverse range of schooling options, catering to various educational needs and preferences, which is a significant advantage for potential buyers with children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of approximately 1,370 residents, with an average household size of 2.7 individuals. The demographic profile reveals an average age of 42 years and a household income of $82,400. Notably, 12.3% of the population is classified as low-income. The real estate market reflects an average property price of $790,000, with 51.28% of residents identifying as single. Families are prevalent, as 43.24% of households include children. The community is diverse, with 55.19% of residents being immigrants. Renting is common, with 58.88% of households classified as renters, and condominiums make up 15.89% of the housing options available. Educational attainment is significant, with over half (50.41%) of the population holding a college or university degree. However, a notable portion of the population, 42.56%, is not participating in the labor force. This demographic snapshot indicates a vibrant, diverse community with a mix of families and individuals, a strong educational background, and a significant rental market, making it an attractive area for potential homeowners and investors alike.