92 Roxborough Street W

Introducing an exceptional investment opportunity with a house for sale in Toronto , located at 92 Roxborough Street W, Toronto. Nestled in the iconic Annex neighbourhood, this remarkable detached house is a rare find in one of Toronto's most prestigious and historic communities. Spanning approximately 3,800 square feet, this property is currently configured into four self-contained units, making it an ideal investment for those looking to generate substantial income.

The house for sale in Toronto features a total of seven bedrooms and six bathrooms, ensuring ample space for tenants or future occupants. Each unit is designed with its own unique character and charm, showcasing bright, open-concept layouts that appeal to a wide range of potential renters. The presence of four kitchens, each equipped for convenience, allows for independent living within the property. Additionally, each unit boasts in-suite laundry facilities, enhancing the appeal for prospective tenants.

Currently, this property generates an impressive annual income of $128,500, bolstered by the inclusion of four separate hydro meters. This feature not only simplifies billing for tenants but also adds to the overall efficiency of the property management. With a lot size of 27 by 149 feet, the house for sale in Toronto provides a generous outdoor space, complemented by a private driveway that accommodates up to three vehicles. Furthermore, a detached triple-car garage off Molson Street presents a unique opportunity for conversion into a fifth rental suite, thereby unlocking even greater income potential.

The location of 92 Roxborough Street W, Toronto, is simply unbeatable. Situated between Yonge Street and Roxborough, this property is just a stone's throw away from Bloor Street, the TTC, and esteemed educational institutions such as the University of Toronto and George Brown College. The surrounding area is rich in stunning turn-of-the-century architecture and multi-million dollar homes, adding to the desirability of the neighbourhood. Residents will enjoy proximity to parks, fine dining, and elite private schools, making this an attractive option for families and professionals alike.

While the house for sale in Toronto does not include a family room, it compensates with its generous number of total rooms, which amounts to 15, including four additional rooms that can serve various purposes. The property is unfurnished, allowing new owners or investors the flexibility to tailor the space to their preferences or the needs of future tenants. The absence of a central vacuum system and a pool may seem like drawbacks, but they also provide an opportunity for the new owner to make enhancements that could further increase the property’s value.

Heating is provided by a water system, and the property is connected to municipal water and sewer services, ensuring reliable utilities for all occupants. The absence of an additional kitchen further emphasises the efficient layout of the existing units, maximising the use of space without unnecessary duplication.

In conclusion, this house for sale in Toronto at 92 Roxborough Street W, Toronto, represents a unique investment opportunity that should not be overlooked. Whether you are looking to expand your investment portfolio or create a custom dream home in a prime downtown setting, this property checks all the boxes. With its impressive income potential, prime location, and spacious design, this house is poised to attract discerning investors and homeowners alike. Don’t miss your chance to acquire this exceptional property in one of Toronto’s most sought-after neighbourhoods.

The Annex is a vibrant and eclectic neighbourhood nestled just north of downtown Toronto, renowned for its rich history and diverse character. This charming area boasts tree-lined streets adorned with stunning Victorian and Edwardian architecture, offering a picturesque backdrop for its residents. The Annex is home to a lively mix of cafes, bookstores, and cultural institutions, including the prestigious University of Toronto, which infuses the area with a youthful energy. With its close proximity to public transport, parks, and a variety of dining options, the Annex provides an ideal setting for those seeking a dynamic urban lifestyle while still enjoying a sense of community.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Within a short distance, you'll find Cottingham Junior Public School (0.3 km), an esteemed elementary school rated 9.2, and Our Lady of Perpetual Help Catholic School (1.4 km), which also boasts a high rating of 9.2. Jesse Ketchum Junior and Senior Public School (0.5 km) offers education from JK to 8 with a rating of 5.9, while Holy Rosary Catholic School (1.8 km) provides a French-language curriculum for younger students, rated 8.9. For older students, Jarvis Collegiate Institute (1.8 km) serves grades 9 to 12 but has a lower rating of 3.8. Additionally, St. Joseph's College School (1.5 km) offers Catholic education for high school students with a rating of 7.2. Other nearby schools include Lord Lansdowne Junior Public School (2.1 km) and St. Mary Catholic School (3.6 km), providing a range of educational options. Overall, this area is rich in educational resources, ensuring that your children will have access to quality schooling.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 369 residents as of 2021. The average household size is 2, and the average age of residents is 49 years. The area boasts a high average household income of $232,000, with only 6% of the population classified as low-income. The average property price is notably high at $3,040,000, reflecting the area's desirability. Approximately 38.81% of the population is single, while 36.36% of households include children, indicating a balanced mix of family dynamics. The community has a notable immigrant presence, accounting for 14.93% of residents. Renters make up 27.27% of the population, although there are no condominiums available in the area. Education levels are impressive, with 85.25% of residents holding a college or university degree. However, a significant portion of the population, 31.15%, is not in the labor force, suggesting a mix of retirees and individuals engaged in non-traditional work arrangements. Overall, this area presents a unique blend of affluence, education, and family-oriented living.