89 Wembley Drive

Presenting an exceptional opportunity for investors, end users, or those aspiring to construct their dream residence, this Multi-Family Home for sale in Toronto is a remarkable find in the highly sought-after Woodbine Corridor. Located at 89 Wembley Drive, Toronto, this 2.5-storey multiplex is a semi-detached property that offers a unique blend of urban convenience and natural beauty. Set on a tranquil, family-oriented tree-lined street, it backs directly onto the stunning Williamson Park Ravine, providing a serene backdrop that enhances the living experience.

The property boasts a total of 10 rooms, including three self-contained one-bedroom units, each equipped with a full kitchen. With over 1500 square feet of living space, this Multi-Family Home for sale in Toronto is designed for both comfort and functionality. The main floor unit, which is currently vacant, showcases a spacious open-plan living and dining area that is bathed in natural light, creating a warm and inviting atmosphere. The eat-in kitchen is ideal for casual dining, while the bedroom features a walk-out to a back patio that overlooks the ravine—perfect for enjoying your morning coffee or unwinding in the evening.

Moving to the lower level, the finished basement extends the living space further, featuring a recreation room, a separate bar area, a laundry room, and a workshop, all complemented by ample storage options. The second unit, also vacant, is filled with light thanks to its generous windows and includes a walk-out to a large balcony, providing an excellent spot for relaxation. A full bathroom with a tub completes this charming space, making it a delightful living area.

The third-floor apartment is currently tenanted on a month-to-month basis and features a bright kitchen with a sliding patio door that opens to a private balcony, offering picturesque views of the ravine. This arrangement not only enhances the living experience but also provides potential rental income for savvy investors.

89 Wembley Drive, Toronto, is situated in a walkable community, making it an ideal location for those who appreciate convenience and accessibility. The property is mere steps away from excellent schools, public transit, lush parks, trendy restaurants, and the beach. Furthermore, Downtown Toronto is just a quick commute away, ensuring that residents can enjoy the best of both nature and urban living. This is truly a prime location for anyone looking to immerse themselves in the vibrant lifestyle that Toronto has to offer.

It is important to note that while this Multi-Family Home for sale in Toronto does not feature a pool, fireplace, or central vacuum system, it compensates with its central air conditioning, ensuring comfort throughout the warmer months. The property is unfurnished, allowing new owners to personalise the space to their liking. The heating is provided by a forced air system, and the home is connected to municipal water and sewer services, making it a practical choice for modern living.

With a lot size of 21 x 155 feet, this property offers ample outdoor space, though there is no garage or additional land included. Parking is available via street access only, which is a common arrangement in this desirable neighbourhood.

In summary, this Multi-Family Home for sale in Toronto at 89 Wembley Drive, Toronto, presents a rare opportunity that should not be overlooked. Whether you are looking to live in one unit while renting out the others, seeking a sound investment, or dreaming of building your perfect home, the possibilities are endless. Don’t miss your chance to explore this remarkable property and all it has to offer!

The Woodbine Corridor, nestled in the vibrant city of Toronto, is a diverse and dynamic geographic area that stretches along Woodbine Avenue, offering a unique blend of residential charm and urban convenience. This corridor is characterised by its leafy streets, a mix of charming homes, and an array of local shops and eateries that reflect the multicultural tapestry of the city. With easy access to public transport, including the nearby subway, residents enjoy seamless connectivity to downtown Toronto and other neighbourhoods. The area is also in close proximity to parks and recreational spaces, making it an ideal location for those who appreciate both the tranquillity of suburban living and the excitement of city life.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.4 km, you will find Earl Haig Public School, which offers both English and French language programs for grades JK to 8, boasting a school rating of 6.8. Additionally, Monarch Park Collegiate Institute, also 0.4 km away, provides secondary education for grades 9 to 12 with a higher school rating of 8.3. For those seeking Catholic education, St. Brigid Catholic School is located 1.0 km from the property, offering elementary education in both English and French, though it has a lower rating of 5.5. St. Patrick Catholic Secondary School is another option within 0.8 km, catering to grades 9 to 12 with a rating of 6.9. Overall, the area offers a variety of schooling options across different educational boards and languages, ensuring that families have access to quality education close to home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 752 residents, with an average household size of 2.4 individuals. The community's average age is 40 years, reflecting a mature demographic. The average household income stands at an impressive $112,000, though 14% of the population is classified as low-income. The average property price in the area is $1,190,000, indicating a relatively affluent market. Approximately 45.16% of residents are single, while 45.24% live in households with children, showcasing a balanced mix of family-oriented and single-person households. The community is diverse, with 30.61% of residents being immigrants. Renting is common, with 48.39% of households occupied by renters, and there are no condominiums available in the area. Education levels are high, with 57.14% of residents holding a college or university degree. However, a significant portion of the population, 36.97%, is not actively participating in the labor force. Overall, this neighborhood presents a blend of economic stability, educational attainment, and demographic diversity, making it an attractive location for potential homeowners and investors alike.