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─ About This Property
Attention Investors, DIY Visionaries, and Laneway Suite Pioneers! Nestled in the cultural heartbeat of Little Portugal, this 2-storey end-of-row gem at 56 Hickson St offers a rare "blank canvas" opportunity in one of Toronto’s most resilient micro-markets. Perfectly positioned between the trendy boutiques of Dundas St W and the iconic cafes of College St, this property is a prime candidate for a high-yield renovation or a custom primary residence.
The interior boasts a sun-drenched, open-concept main floor characterized by high ceilings and authentic hardwood flooring. The kitchen leads directly to a deep, oversized backyard—an urban oasis featuring established grapevines, perfect for summer BBQs or a serene garden retreat.
Income Potential & Future-Proofing: The property features a detached garage with direct access to a wide, well-maintained laneway. Under current City of Toronto bylaws, this lot offers significant potential for a Laneway Suite conversion, providing a strategic path to generate monthly rental income or create a secondary garden studio.
Connectivity & Commute
• Metro Anchor: Located just 4.3 km from Union Station, Toronto’s primary transit hub.
• Major Arteries: Rapid access to the Gardiner Expressway (3.5 km) and Lake Shore Blvd, connecting you to the GTA in minutes.
• Commute Times: Approximately 15 minutes to the Financial District and 25 minutes to Toronto Pearson International Airport (YYZ).
• Transit: Steps from the 505 Dundas and 506 Carlton 24-hour streetcar lines.
Elite School District
• Shirley Street Junior Public School (0.1 km) – Literally steps away.
• Alexander Muir/Gladstone Ave Jr & Sr Public School (0.6 km).
• St. Helen Catholic School (0.3 km).
• Parkdale Collegiate Institute (1.2 km) – Renowned for its IB program.
Landmarks & Lifestyle
• Sorauren Avenue Park (0.5 km): Famous for its weekly Farmers' Market and off-leash dog area.
• Dufferin Grove Park (0.8 km): A community hub featuring a reflexology footpath and winter skating rink.
• Dufferin Mall (0.7 km): Comprehensive retail access including Walmart and major banks.
• Lifestyle: Walk to Lula Lounge for world-class jazz or grab coffee at the nearby Mitzi’s Cafe.
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