811 Bloor Street W

Welcome to this remarkable townhouse for sale in Toronto , located at 811 Bloor Street W, Toronto, in the vibrant Palmerston-Little Italy community. This freehold townhouse, with its charming brick exterior, presents an excellent investment opportunity, particularly for those looking to capitalise on the bustling real estate market in this area. The property is currently zoned CR3, making it a prime candidate for those interested in income-generating possibilities.

As you approach the townhouse, you'll immediately notice its appealing façade, which is characteristic of the neighbourhood. The building style is a delightful 2 1/2 storey, offering a spacious layout that is both functional and inviting. The property boasts a generous lot size of 18 x 130 feet, providing ample outdoor space for potential enhancements or simply enjoying the fresh air.

Inside, the townhouse for sale in Toronto features a total of nine rooms, including two well-appointed kitchens, which are a rare find in urban properties. The ground floor unit is particularly spacious, featuring a large kitchen that flows into a comfortable living room. This unit also includes two bedrooms and a three-piece bathroom, making it ideal for families or tenants seeking a comfortable living space. A large deck off the back of the main floor provides a lovely outdoor area for relaxation or entertaining, enhancing the overall appeal of this townhouse.

The second-floor unit is equally impressive, boasting three bedrooms, a four-piece bathroom, a kitchen, and a living room. This layout is perfect for accommodating larger families or groups, ensuring that everyone has their own space while still enjoying the communal areas. The current tenants are wonderful and on a month-to-month lease, which means you can either continue renting or move in yourself at your convenience. Additionally, both units are currently tenanted, with the tenants responsible for paying utilities, making this a hassle-free investment opportunity.

Parking is often a concern in urban settings, but this townhouse for sale in Toronto alleviates that worry with convenient two-car parking available at the rear. The private double driveway is a fantastic feature, ensuring that you and your tenants have easy access to your vehicles without the stress of street parking.

The property is equipped with central air conditioning, ensuring a comfortable environment throughout the warmer months. Heating is provided by a forced air system, which is efficient and reliable. The full basement offers additional storage space or potential for future development, should you wish to expand the living area.

811 Bloor Street W, Toronto, is situated in a prime location, just steps away from an array of shops, desirable restaurants, grocery stores, and schools. The vibrant Palmerston-Little Italy community is known for its lively atmosphere and cultural diversity, making it an attractive place to live or invest. Whether you are a first-time buyer, an experienced investor, or someone looking for a family home, this townhouse for sale in Toronto ticks all the boxes.

In summary, this townhouse for sale in Toronto at 811 Bloor Street W, Toronto, is an exceptional opportunity for anyone looking to invest in a property with income potential in a sought-after neighbourhood. With its spacious layout, two separate units, and prime location, this property is not to be missed. Schedule a viewing today to experience all that this charming townhouse has to offer!

Palmerston-Little Italy is a vibrant and culturally rich neighbourhood nestled in the heart of Toronto, renowned for its eclectic mix of historic charm and modern urban living. This area boasts tree-lined streets, a delightful array of cafes, restaurants, and boutique shops, reflecting its Italian heritage while embracing diverse culinary influences. The community is well-connected by public transport, making it easy to explore the wider city, and offers ample green spaces for leisurely strolls or picnics. With a lively atmosphere, friendly locals, and a strong sense of identity, Palmerston-Little Italy presents an inviting environment for anyone looking to immerse themselves in the dynamic tapestry of Toronto life.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within just 0.5 km, Montrose Junior Public School offers a highly-rated elementary education (rating: 9.3) for grades JK to 6, while Delta Alternative Senior School provides education for grades 7 to 8. Harbord Collegiate Institute, located 0.6 km away, serves grades 9 to 12 and boasts a solid rating of 8.8. Additionally, families can consider Lord Lansdowne Junior Public School (grades JK to 8) and St. Francis Assisi Catholic School (grades JK to 8), both within a short distance, although the latter has a lower rating of 4.7. For those seeking Catholic education, Loretto College School and St. Mary Catholic School are also nearby, catering to secondary and elementary students respectively. Overall, the area offers a diverse range of educational options in both public and Catholic systems, with a mix of language studies, ensuring that families have access to quality education within a convenient radius.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 612 residents and an average household size of 2.1. The average age of residents is 43.5 years, indicating a mature population. With an average household income of $124,000, the area boasts a relatively low percentage of low-income individuals at 11.6%. The average property price stands at $1,640,000, reflecting the area's desirability. Nearly half of the population (48.18%) is single, while 40.63% of households include children, suggesting a family-friendly environment. The community is diverse, with 34.68% of residents being immigrants, and a significant portion of the population (52.63%) are renters, indicating a dynamic housing market. Notably, there are no condominiums in the area, which may appeal to those seeking single-family homes. Education levels are high, with 63.89% of residents holding a college or university degree, although 31.48% are not in the labor force, which could reflect a mix of retirees and individuals engaged in non-traditional work. Overall, this area presents a blend of affluence, diversity, and family-oriented living.