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!
Address
115 Mavety Street
List Price
$1,995,000
MLS® Status
New
Expiration Date
2026-02-28
Property Type
Residential Freehold
Type of Dwelling
Semi-Detached
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Toronto W02
Sub-Area
Junction Area
Region
Toronto
Bedrooms
5
Bedrooms (Total)
5
Rooms Above Grade
19
Rooms Below Grade
1
Bathrooms
4
Floor Area
2500-3000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
115
Lot Shape
Rectangular
Lot Irregularities
Widens to 30ft
Lot Size Units
Feet
Lot Width
25.25
Occupant Type
Vacant
Cross Street
Annette and Keele
MLS® Number
W12565866
Listing Brokerage
FREEMAN REAL ESTATE LTD.
Basement Area
Partially Finished
Postal Code
M6P 2L8
Posession Details
30-60 Days
Parking
Private
Parking Places (Total)
7
Parking Spaces
5
Tax Amount
$7,575.00
Tax Year
2025
Site Influences
Fenced Yard, Hospital, Park, Place Of Worship, School
Interior Features
None, Auto Garage Door Remote, Separate Hydro Meter, Upgraded Insulation
Property Features
Hospital, Fenced Yard, Park, Place Of Worship, School
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Radiant
Cooling Features
Window Unit(s)
Construction Materials
Brick
Direction Faces
East
Fireplace
No
Foundation Details
Unknown
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
4
Kitchens Above Grade
4
Pool Features
None
Roof
Unknown
Tax Legal Description
PT LT 16-17 PL14477 TORONTO AS IN CA371961; CITY OF TORONTO
Security Features
Smoke Detector, Carbon Monoxide Detectors
Waterfront
No
Sewer
Sewer