$799,995Asking Price
Welcome to 1237 Glencairn Avenue, a versatile and highly sought-after investment opportunity in the heart of Toronto. This well-maintained and freshly painted 2-bedroom bungalow sits on a deep 23.5 x 123 ft lot and offers exceptional potential for end-users, investors, builders, and developers. The main level features a functional layout with good natural light, while the lower level includes a separate, fully tenanted 2-bedroom apartment-ideal for immediate rental income. The home also includes shared coin laundry, a sump pump, and a backflow preventer, adding both convenience and peace of mind.Outside, the property boasts a large backyard, shared driveway, and a detached rear shed, providing ample outdoor space and storage. The seller can provide existing architectural plans for a proposed two-storey triplex with a garden suite, offering multiple avenues for future value creation. Whether you choose to live in, renovate, hold as an income property, or build a new single-family or multi-family dwelling, the possibilities are extensive. With potential opportunities to assemble neighbouring properties for larger development projects, this address represents a rare chance to secure a flexible and high-upside property in a rapidly evolving neighbourhood. A smart buy for today-and an even smarter one for the future. Great access to transit, shopping, and access to all local amenities.
Welcome to 1237 Glencairn Avenue, a versatile and highly sought-after investment opportunity in the heart of Toronto. This well-maintained and freshly painted 2-bedroom bungalow sits on a deep 23.5 x 123 ft lot and offers exceptional potential for end-users, investors, builders, and developers. The main level features a functional layout with good natural light, while the lower level includes a separate, fully tenanted 2-bedroom apartment-ideal for immediate rental income. The home also includes shared coin laundry, a sump pump, and a backflow preventer, adding both convenience and peace of mind.Outside, the property boasts a large backyard, shared driveway, and a detached rear shed, providing ample outdoor space and storage. The seller can provide existing architectural plans for a proposed two-storey triplex with a garden suite, offering multiple avenues for future value creation. Whether you choose to live in, renovate, hold as an income property, or build a new single-family or multi-family dwelling, the possibilities are extensive. With potential opportunities to assemble neighbouring properties for larger development projects, this address represents a rare chance to secure a flexible and high-upside property in a rapidly evolving neighbourhood. A smart buy for today-and an even smarter one for the future. Great access to transit, shopping, and access to all local amenities.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 8.14' x 9.97' | Ceramic Floor |
| 1 4-Piece Bathroom on Ground Floor | ||||
| 1 4-Piece Bathroom | ||||
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Glen Park, Toronto is a north Toronto neighbourhood notable for its education, law & public sector professionals and tradespeople. It has a higher than average population of immigrants from Italy and the Philippines, and Italian and Tagalog speakers. Residents tend to be older with a significant number of babies, kids aged 5 to 14, youth aged 15 to 19 and seniors aged 65 to 69 and 65 to 69.
Kids Per Family
1.4
kids per family
in the neighbourhood.
48%
of residents are
single and loving it.
48% singles
Toronto (50%)
45%
of residents
are renters.
45% renters
Toronto (47%)
43%
of residents are
university grads.
43% university grads
Toronto (48%)Average Household Income
$145K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Government | 11% |
| Business | 11% |
| Trades | 7% |
| Management | 6% |
45%
of residents were
born outside of Canada.
45% immigrants
Toronto (48%)7.9% from Philippines
All-time
3.3% from Philippines
Recent
Foreign Languages
| Italian | 10% |
| Tagalog | 6% |
| Portuguese | 5% |
| Spanish | 4% |
| Russian | 1% |
Religions
| Christian | 57% |
| Jewish | 28% |
| Muslim | 3% |
| Hindu | 1% |
| Buddhist | 1% |
Social Housing Buildings
1
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.