85 Painted Post Drive

Introducing an exceptional opportunity to acquire a remarkable house for sale in Scarborough , located at 85 Painted Post Drive, Scarborough. This outstanding brick bungalow is not only a charming family home but also a lucrative investment prospect, featuring a main floor three-bedroom unit alongside two in-law suites, which could potentially yield an impressive rental income of up to £5,500 per month.

Situated in the desirable Woburn community, this property benefits from a family-friendly atmosphere and is conveniently positioned near the intersection of Markham Road and Painted Post. The house for sale in Scarborough is nestled in a peaceful neighbourhood, with the added advantage of backing onto the serene Lusted Park, providing a tranquil backdrop for family activities and outdoor enjoyment.

As you enter the main floor of this splendid detached house, you will find a well-designed layout that includes three generously sized bedrooms and two bathrooms, a rare feature that adds significant value to the property. The spacious living room invites natural light, creating a warm and welcoming environment, while the separate dining area is perfect for family gatherings. The kitchen is a standout feature, equipped with ample cupboards and storage space, ensuring that all your culinary needs are met. A delightful walk-out from the kitchen leads to a large deck, ideal for enjoying your morning coffee in the privacy of your own backyard.

The property also boasts a separate entrance that leads to the basement, which is home to two in-law suites. These suites have been freshly painted and feature new vinyl plank flooring, making them move-in ready. Each suite comprises a comfortable one-bedroom layout, complete with a full kitchen, living area, and a three-piece washroom, providing an excellent opportunity for additional rental income or accommodating extended family members. It is important to note that the retrofit status of the basement in-law suites is without representation and warranty.

The house for sale in Scarborough is equipped with central air conditioning, ensuring a comfortable living environment throughout the warmer months. The property is serviced by municipal water and sewer, providing peace of mind regarding essential utilities. While there is no pool or fireplace, the home offers ample space for relaxation and leisure, with a total of six rooms that can be utilised to suit your lifestyle needs.

The exterior of the house features a well-maintained brick façade, contributing to its appealing curb appeal. The lot measures an impressive 53 by 120 feet, providing plenty of outdoor space for children to play or for gardening enthusiasts to cultivate their green thumbs. The attached garage offers convenient parking for one vehicle, while additional parking space for two more cars ensures that you and your guests will always have ample room.

In summary, this house for sale in Scarborough at 85 Painted Post Drive, Scarborough, represents a unique investment opportunity in a sought-after location. With its spacious main floor unit, two in-law suites, and proximity to local amenities and parks, this property is perfect for families and investors alike. Don’t miss your chance to secure this outstanding bungalow in the vibrant Woburn community. Whether you are looking to settle down or invest, this house for sale in Scarborough is a must-see.

Woburn, nestled within the vibrant city of Scarborough, offers a charming blend of suburban tranquillity and urban convenience. This residential area is characterised by its well-maintained streets, green spaces, and a variety of local amenities, making it an ideal choice for families and individuals alike. With easy access to public transport links, Woburn provides a seamless connection to the bustling heart of Scarborough, where you can enjoy shopping, dining, and cultural attractions. The community is also in close proximity to scenic parks and recreational areas, perfect for leisurely strolls or outdoor activities. Overall, Woburn presents a welcoming environment that balances the best of both worlds—peaceful living with the vibrancy of city life just a stone's throw away.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest school, Tredway Woodsworth Public School, is just 0.3 km away and offers both English and French language instruction for grades JK to 8, with a solid school rating of 5.5. Another nearby option is St. Richard Catholic School, located 0.9 km from the property, which serves grades JK to 8 and boasts a higher rating of 7.8, reflecting its strong educational performance. For secondary education, Woburn Collegiate Institute is 1.7 km away, although it currently holds a rating of 0. Additionally, St. Joan of Arc Catholic Academy, situated 3.5 km from the property, offers grades 9 to 12 with a rating of 4. Lastly, St. Agatha Catholic School, located 4.4 km away, caters to younger students in grades JK to 3 and has a rating of 5.5. With a variety of educational options within a short distance, this property is well-suited for families seeking quality schooling for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 463 residents, with an average household size of 3.3. The community's demographic profile reveals an average age of 42.7 years and a robust average household income of $112,000, indicating a relatively affluent population. Notably, only 8.8% of residents fall under the low-income category. The housing market is characterized by an average property price of $840,000, with a significant portion of households (47.83%) having children. The population is diverse, with 67.65% of residents being immigrants, and a substantial portion (45.68%) identifying as single. The rental market is minimal, with only 7.14% of residents renting their homes, and there are no condominiums in the area. Educational attainment is high, with 58.89% of the population holding a college or university degree. However, a notable 41.11% of residents are not in the labor force, which may reflect various factors such as retirement or other commitments. Overall, this community presents a unique blend of affluence, diversity, and family-oriented households, making it an appealing location for potential homebuyers.