$1,049,880 - 118 Mackay Avenue, Keelesdale
Semi-Detached for Sale in Keelesdale
New — Listed yesterday- MLS Number
- W13422244
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Keelesdale / Eglinton West
- Listing Brokerage
- RARE REAL ESTATE
Welcome to 118 Mackay Ave, a turnkey semi-detached masterpiece in the heart of warm and vibrant Corso Italia. From the moment you arrive, the charming front porch invites you in. Step inside and feel the warmth immediately. Sun-filled open-concept principal rooms flow from living to dining, finished with imported European hardwood throughout. The convenient main floor powder room adds practicality busy families appreciate. The stunning kitchen features Caesarstone counters, high-end appliances, lots of storage and a walkout to your private fenced yard where family memories are waiting to be made. Upstairs discover three light-filled bedrooms with custom closets, a peaceful family retreat at the end of every day.The fully underpinned basement impresses with soaring ceilings and gorgeous finishes. Use it as a luxurious family living extension or a completely turnkey income suite with separate entrance, full kitchen, and private laundry. Move in and earn from day one. The convenient laneway presents an incredible opportunity to develop a laneway suite, adding unmatched long term value in one of Toronto's most in-demand neighbourhoods.Two car parking, two laundry areas, top-rated schools, incredible restaurants, cafes, shops, parks, and TTC all steps away. MUST SEE it is truly turnkey. Your family's next chapter starts here.
Estimate your monthly payments for this property
Estimated Payment
$4,643.97/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Keelesdale / Eglinton West
Keelesdale / Eglinton West 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 Keelesdale / Eglinton West
- •Convenient location in Keelesdale / Eglinton West
- •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
Keelesdale / Eglinton West 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.
118 Mackay Avenue, Keelesdale / Eglinton West
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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 30+ years of GTA real estate experience
Fair Market Value
At $954/sqft, this property is priced in line with current Keelesdale market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Keelesdale'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 Keelesdale 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Keelesdale. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 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: Keelesdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.