ON > Toronto (junction Area) > Junction Area
Toronto (junction Area), ON M6P2L8,115 MAVETY STREET
Toronto (junction Area), ON M6P2L8,115 MAVETY STREET
Toronto (junction Area), ON M6P2L8,115 MAVETY STREET
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,995,000
Est. payment /mo
5 Beds
4 Baths
2,500 SqFt
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Open House

Sun Nov 23, 2:00pm - 4:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $798

Subdivision Junction Area

MLS® Listing ID W12565866

Bedrooms 5

Property Sub-Type Freehold

Source Toronto Regional Real Estate Board

Property Description

Finally, a Toronto property to get excited about! Welcome to 115 Mavety St. This impressive 2.5 storey legally registered multi-unit home, with incredibly rare private driveway & detached 2 car garage, offers unmatched ownership versatility attracting investors and/or those looking to live for free with added income! Are you a Toronto Investor? How about a true 5.6% cap rate! (Yes, this is real with a proven gross income over $128,000 and no long-term tenants to assume). Looking to add even more value? Easily increase gross income to over $144,000 by finishing the already lowered basement with private side entrance. Simple to complete with all plumbing and electrical rough ins already done! This simple add will instantly raise your cap rate to an unheard of 6.5%! Or, maybe you're looking to live and collect rent to offset your mortgage/living costs... Perfect! Choose one of the renovated units to call your new home and literally live for FREE! Currently separated into 4 self-contained units with option to add 5th unit in already lowered basement with side entrance off your private drive! Benefit from extensive mechanical upgrades throughout including 4 separate hydro meters, upgraded copper wiring (200-amp service), upgraded plumbing, 3/4 copper intake, multi zone heat control, upgraded windows, newer roof and more! Amazing lot widening to 30ft with incredibly rare private driveway (easy parking for 6-8 cars) and detached garage offering future garden suite potential. Ideally located on quiet tree lined street in Toronto's coveted Junction neighbourhood steps to Keele Station, Bloor West Village and High Park. Access to top ranked schools, boutique shops, delicious restaurants, transit, trails and all one could ever ask for! This gem is priced to sell! Don't let this one slip away! (id:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Second level 4.05 m X 3.35 m Bedroom

Extra Room 2 Second level 6.28 m X 4.05 m Kitchen

Extra Room 3 Second level 6.28 m X 4.05 m Living room

Extra Room 4 Second level 6.28 m X 4.05 m Dining room

Extra Room 5 Second level Measurements not available Bathroom

Extra Room 6 Second level 3.54 m X 2.67 m Kitchen

Interior

Heating Radiant heat

Cooling Window air conditioner

Flooring Hardwood, Vinyl, Wood

Exterior

Parking Features Yes

Fence Fenced yard

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

Others

Ownership Freehold

Virtual Tour https://www.houssmax.ca/vtournb/h7365600

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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