96 D'arcy Street

Welcome to this charming townhouse for sale in Toronto , located at 96 D'arcy Street, Toronto. Nestled in the vibrant Kensington-Chinatown community, this freehold townhouse is a fantastic opportunity for those looking to invest in a property with great potential. With its prime location and unique features, this 3-storey brick and concrete home is ready for a new owner to breathe life into it.

As you approach 96 D'arcy Street, Toronto, you’ll immediately appreciate the character of the area. The townhouse boasts a generous lot size of 16 x 158 feet, providing ample outdoor space, although it does not include a pool. The exterior of the home is a blend of classic brick and sturdy concrete, giving it a timeless appeal. However, it’s important to note that this property is being sold as-is and requires major renovation. The age of the building is over 100 years, which adds a unique charm but also indicates that significant work will be needed to restore it to its former glory.

Inside, the townhouse for sale in Toronto features three spacious bedrooms and a den, making it an ideal choice for families or individuals seeking extra space for a home office or study. There are a total of five rooms, including a family room that is perfect for gatherings and relaxation. The property includes one kitchen, which is functional but may require updates to meet modern standards. Unfortunately, there is no additional kitchen, so those looking for a separate cooking space will need to consider this in their renovation plans.

The townhouse features four bathrooms, which is a great advantage for larger families or for those who frequently host guests. However, it’s worth mentioning that there is no fireplace, which may be a consideration for those who enjoy the warmth and ambience of a fire during the colder months. Additionally, the property does not have air conditioning or a central vacuum system, so prospective buyers should factor in these elements when planning their renovations.

At 96 D'arcy Street, Toronto, you’ll find that the heating is provided by a forced air system, and the home is connected to municipal water and sewer services. The basement is partially finished, offering further potential for additional living space, storage, or even a recreational area. However, as with the rest of the property, it will require some work to maximise its potential.

Parking is made easy with a detached garage that accommodates two vehicles, and access is via a lane. Unfortunately, there is no additional parking space available, so those with multiple vehicles may need to explore alternative arrangements.

The location of this townhouse for sale in Toronto is another significant advantage. Kensington-Chinatown is known for its vibrant atmosphere, eclectic shops, and diverse dining options. Living here means you’ll have access to a rich community life and all the amenities you could need. However, it’s essential to remember that this property is under a conditional certificate of statutory guardianship, which means that buyers will need to conduct their own due diligence and be prepared for a process that may take around 120 days.

In summary, 96 D'arcy Street, Toronto, is a townhouse for sale in Toronto that presents a unique opportunity for those willing to invest time and effort into a renovation project. With its spacious layout, prime location, and the potential for modernisation, this property is a blank canvas waiting for the right buyer to turn it into a dream home. Don’t miss out on this chance to own a piece of Toronto’s history and create a space that truly reflects your style and needs. Whether you’re looking for a family home or an investment opportunity, this townhouse for sale in Toronto is worth considering.

Kensington-Chinatown, nestled in the heart of Toronto, is a vibrant and eclectic neighbourhood that beautifully marries diverse cultures and rich histories. Known for its bustling streets lined with independent shops, markets, and eateries, it offers a sensory feast of sights, sounds, and flavours. The area is particularly famous for its lively Chinatown, where you can savour authentic Asian cuisine and explore traditional herbal shops, while Kensington Market adds a bohemian flair with its vintage boutiques and artisanal food stalls. The community is also a hub for artistic expression, featuring street art and local galleries, making it a dynamic place to live for those who appreciate a lively urban atmosphere infused with cultural diversity.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Beverley School, a public institution offering grades JK to 8, situated just 0.1 km away. For secondary education, Harbord Collegiate Institute, known for its strong performance with a rating of 8.8, is located 1.7 km from the property. Additionally, Ryerson Community School, which provides French language instruction for grades JK to 8, is only 0.7 km away and has a rating of 3.8. Families seeking a Catholic education will find St. Mary Catholic School, offering grades JK to 8 and rated 5.7, and St. Joseph's College School for grades 9 to 12, rated 7.6, both within a 1.2 km radius. The variety of nearby schools, including options for both public and Catholic education, as well as different language programs, ensures that families have access to quality education tailored to their preferences. Overall, this property is well-positioned to support the educational needs of children in the community.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 611 residents, with an average household size of 2.4 individuals. The demographic profile reveals an average age of 39.2 years and a notable average household income of $91,000. However, 22.4% of the population falls under the low-income bracket. The real estate market reflects an average property price of $1,640,000, with a significant portion of the population being renters, comprising 64.58% of households. Notably, 79.31% of residents are single, and 35.29% of households include children, indicating a diverse family structure. The area also has a substantial immigrant population, making up 39.26% of residents, which contributes to its cultural diversity. Educational attainment is relatively high, with 54.03% of the population holding a college or university degree. However, nearly half (47.58%) of the residents are not in the labor force, suggesting potential economic challenges. Additionally, condos represent 6.25% of the housing options available, reflecting the area's real estate landscape. Overall, this demographic snapshot highlights a community with a mix of economic backgrounds, family structures, and educational levels.