115 Mavety Street

Junction Area Toronto M6P 2L8

This impressive 2.5 storey all brick 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! Simple to rent! Impressive proven gross rent over $123,500/year. Take advantage of a REAL investment opportunity with a 6% cap rate and even increase to over 7% with minimal cost! 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 side entrance off your private drive into another self contained unit. Thoughtfully renovated throughout incorporating bright and spacious interior living spaces with new open concept kitchens and reno'd bathrooms. Benefit from the extensive mechanical upgrades including 4 separate hydro meters, upgraded copper wiring, 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!