$1,899,000 - 115 Mavety Street, Etobicoke
Semi-Detached for Sale in Etobicoke
- MLS Number
- W12754098
- Property Type
- Semi-Detached
- Status
- active
- Days on Market
- 1
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 sqft
- City
- Etobicoke
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, multi generational buyers, and those looking to live for free with added income! Property has been made VACANT for sale purposes! NO TENANTS!!! Simple to rent with impressive proven gross rent over $128,000/year. Opportunity to easily increase to over $144,000/year (add another unit in lowered basement) and instantly raise your cap rate to an unheard almost 7%! Choose one of the renovated units to call your new home and literally live for FREE! bigger than it looks, has to be seen to be fully appreciated! Currently separated into 4 units, all with private exterior spaces, additional storage and on site coin laundry! Add more value by finishing the already lowered basement with private side entrance into another self contained unit. Thoughtfully renovated throughout incorporating bright and spacious interior living spaces with new open concept kitchens and designer bathrooms. Benefit from the extensive mechanical upgrades 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! No additional work needed! Amazing lot widening to 30ft with incredibly rare private driveway (easy parking for 6-8 cars) and detached garage offering future garden suite potential. Perfectly located on a quiet tree lined street in Toronto's coveted West End steps to The Junction, High Park, Bloor West Village & Roncesvalles. Ideal access to Keele Station, Public Transit, Top Ranked schools, boutique shops, delicious restaurants/cafes, beautiful parks and the cities best waling trails. West End Toronto living at its absolute finest! This property is priced to sell!
Discover Toronto W02
Toronto W02 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Toronto W02
- •Convenient location in Toronto W02
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Toronto W02 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
115 Mavety Street, Toronto W02
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Competitive Pricing
At $760/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Toronto W02's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Toronto W02 are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Toronto W02.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Toronto W02 properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.