132-134 Trowell Avenue, Toronto W03

Price: $1,599,000

10 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13136470

Exceptional investment opportunity in Toronto's west end. Purpose-built Six Plex offering strong income potential and long-term upside. This property features generously sized apartments (4 vacant on closing) including approximately 1,200 sq.ft. 2-bedroom and 900 sq.ft. 1-bedroom apartments with layouts that are rarely found and highly desirable for tenants. The building is largely in original condition, presenting an excellent value-add opportunity for renovation and updating to increase rental income and overall asset value. Additional future development potential may include possible severance, a potential third-storey addition, and the possibility of garden suites above the garage (subject to buyer due diligence and municipal approvals). Located in the established Keelesdale-Eglinton West/Silverthorn Neighbourhood, the property benefits from strong rental demand driven by proximity to transit, major routes, parks, schools, and everyday amenities. A solid addition to any investment portfolio in a growing and well-connected community.

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$1,599,000 - 132-134 Trowell Avenue, Keelesdale

Detached for Sale in Keelesdale

10Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13136470
Property Type
Detached
Status
active
Days on Site
29
Bedrooms
10
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Keelesdale / Eglinton West
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Exceptional investment opportunity in Toronto's west end. Purpose-built Six Plex offering strong income potential and long-term upside. This property features generously sized apartments (4 vacant on closing) including approximately 1,200 sq.ft. 2-bedroom and 900 sq.ft. 1-bedroom apartments with layouts that are rarely found and highly desirable for tenants. The building is largely in original condition, presenting an excellent value-add opportunity for renovation and updating to increase rental income and overall asset value. Additional future development potential may include possible severance, a potential third-storey addition, and the possibility of garden suites above the garage (subject to buyer due diligence and municipal approvals). Located in the established Keelesdale-Eglinton West/Silverthorn Neighbourhood, the property benefits from strong rental demand driven by proximity to transit, major routes, parks, schools, and everyday amenities. A solid addition to any investment portfolio in a growing and well-connected community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,072.92/mo

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5-yr fixed avg.

Principal: $1,279,200Interest: $842,675
Mortgage Amount$1,279,200
Total Interest$842,675
Est. Property Tax$1,133/mo
Total Cost$2,121,875

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.

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Neighbourhood Guide: Keelesdale / Eglinton West

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

132-134 Trowell Avenue, Keelesdale / Eglinton West

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$6,450/mo
Range: $5,483 - $7,417
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$6,450
Maintenance Fees-$0
Property Tax (est.)-$1,133
Insurance (est.)-$333
Net Cash Flow+$4,984

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $457/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.

Market Position

At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 10 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 Keelesdale.

Bathroom Count Matters

With 6 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.

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    132-134 Trowell Avenue, Keele… — $1,599,000 | Battaglia Team