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$1,795,000Asking Price

242 George Street, Toronto, ON M5A 2N1

Moss Park, Toronto

Semi-Detached
3 + 1
Bedrooms
4
Baths
2
Parking
Days on Market

Welcome to 242 George Street a fully renovated, turnkey home in the heart of downtown Toronto! This well-maintained 2.5-storey semi-detached home features 3+1 bedrooms and 4 bathrooms, blending the excitement of urban living with sophisticated, modern comfort. Nestled in the vibrant and highly sought-after Moss Park neighborhood, you'll be steps from downtowns finest cafes, restaurants, shops, and cultural landmarks, all while enjoying a peaceful residential street. This home has been completely updated with high-end finishes and a modern design aesthetic. The open-concept main floor features stunning hardwood floors throughout, a seamless family, dining, and kitchen space, and abundant natural light. The brand-new chefs kitchen is thoughtfully designed for both function and style. Upstairs, the spacious bedrooms are paired with luxurious, fully renovated bathrooms, and the third-floor primary suite opens to a private terrace with sweeping city views perfect for relaxing or entertaining. The separate basement apartment offers exceptional flexibility for multi-generational living or rental income. It features its own entrance, a spacious living area, a large bedroom, a. full bathroom, and a complete second kitchen. A brand new electric heat pump was installed last year. With 2-car garage parking via lane access, stylish updates throughout, and unmatched convenience to transit and amenities, 242 George Street is a rare downtown gem. The property currently generates $6,300 per month in rental income, making it ideal for families, professionals, or investors seeking both lifestyle and value in one of Torontos most dynamic neighborhoods.

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Welcome to 242 George Street a fully renovated, turnkey home in the heart of downtown Toronto! This well-maintained 2.5-storey semi-detached home features 3+1 bedrooms and 4 bathrooms, blending the excitement of urban living with sophisticated, modern comfort. Nestled in the vibrant and highly sought-after Moss Park neighborhood, you'll be steps from downtowns finest cafes, restaurants, shops, and cultural landmarks, all while enjoying a peaceful residential street. This home has been completely updated with high-end finishes and a modern design aesthetic. The open-concept main floor features stunning hardwood floors throughout, a seamless family, dining, and kitchen space, and abundant natural light. The brand-new chefs kitchen is thoughtfully designed for both function and style. Upstairs, the spacious bedrooms are paired with luxurious, fully renovated bathrooms, and the third-floor primary suite opens to a private terrace with sweeping city views perfect for relaxing or entertaining. The separate basement apartment offers exceptional flexibility for multi-generational living or rental income. It features its own entrance, a spacious living area, a large bedroom, a. full bathroom, and a complete second kitchen. A brand new electric heat pump was installed last year. With 2-car garage parking via lane access, stylish updates throughout, and unmatched convenience to transit and amenities, 242 George Street is a rare downtown gem. The property currently generates $6,300 per month in rental income, making it ideal for families, professionals, or investors seeking both lifestyle and value in one of Torontos most dynamic neighborhoods.

Key Info

  • 2.5-Storey Semi-Detached
  • 0-Car Driveway
  • 2-Car Attached Garage
  • Shuter/Jarvis
  • 1500-2000 Approximate Sq Feet
  • Finished Basement
  • 2 + 1 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 17.55 x 99.29 Feet
  • Brick Exterior
  • Taxes were $8,212 in 2024
  • Possession: Flexible

Details

  • Fireplace
  • No Family Room
  • Central Vacuum
  • Sewers
  • Municipal Water
  •  
  • MLS #C12202181
  • NEW ERA REAL ESTATE

Extras

Room Floor Dimensions Details
1 Kitchen Main 16.77' x 14.40'
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 4-Piece Bathroom

Who lives here?

Moss Park, Toronto is a central Toronto neighbourhood notable for its singles, renters, arts & culture professionals and salespeople. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 64 and seniors aged 65 to 69.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

71% of residents are
single and loving it.

71% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

85% of residents
are renters.

85% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

42% of residents are
university grads.

42% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$62K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 18%
Government 8%
Business 8%
Management 7%
Culture 6%

Immigrants

41% of residents were
born outside of Canada.

41% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Ethiopia was once home to 4.7% of immigrants.
Caribbean 3.3%
Philippines 2.6%
Somalia 2.5%
Bangladesh 2.0%

4.7% from Ethiopia
All-time

Birthplace - Recent

Ethiopia was once home to 1.2% of immigrants.
Syria 0.7%
Bangladesh 0.6%
Iran 0.6%
China 0.6%

1.2% from Ethiopia
Recent

Foreign Languages

Foreign Languages

French 4%
Spanish 3%
Arabic 2%
Bengali 2%
Somali 2%

Religions

Religions

Christian 51%
Muslim 10%
Hindu 3%
Buddhist 2%
Jewish 2%

Social Housing

Social Housing Buildings

22

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

9

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)