185 Laughton Avenue, Toronto W03

Price: $1,149,000

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13457932

Welcome to 185 Laughton Ave, an exceptional investment opportunity in the highly desirable Weston Pellam Park neighbourhood. This well maintained triplex features three self-contained units; One - 2 Bedroom unit and Two -1 bedroom units, each with its own private entrance and in-suite laundry, offering convenience and privacy for tenants. Extensive renovations completed in 2023 include updated flooring throughout, a modern kitchen with quartz countertops, and a beautifully renovated bathroom in the main-floor unit. With estimated market rents of approximately $5,500 per month, this property presents a turnkey cash-flow opportunity for investors or owner-occupiers seeking supplemental rental income. The detached garage at the rear offers additional value, with potential for a future laneway suite. Located just steps from transit, parks, schools, shopping, and an abundance of local amenities, this is a rare opportunity to own a versatile income-generating property in one of Toronto's growing west-end communities.

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New Listing
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$1,149,000 - 185 Laughton Avenue, Keelesdale

Semi-Detached for Sale in Keelesdale

New — Listed yesterday
4Beds
3Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13457932
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
RE/MAX HALLMARK REALTY LTD.
Description

Welcome to 185 Laughton Ave, an exceptional investment opportunity in the highly desirable Weston Pellam Park neighbourhood. This well maintained triplex features three self-contained units; One - 2 Bedroom unit and Two -1 bedroom units, each with its own private entrance and in-suite laundry, offering convenience and privacy for tenants. Extensive renovations completed in 2023 include updated flooring throughout, a modern kitchen with quartz countertops, and a beautifully renovated bathroom in the main-floor unit. With estimated market rents of approximately $5,500 per month, this property presents a turnkey cash-flow opportunity for investors or owner-occupiers seeking supplemental rental income. The detached garage at the rear offers additional value, with potential for a future laneway suite. Located just steps from transit, parks, schools, shopping, and an abundance of local amenities, this is a rare opportunity to own a versatile income-generating property in one of Toronto's growing west-end communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,082.41/mo

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5-yr fixed avg.

Principal: $919,200Interest: $605,524
Mortgage Amount$919,200
Total Interest$605,524
Est. Property Tax$814/mo
Total Cost$1,524,724

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

185 Laughton Avenue, Keelesdale / Eglinton West

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$814
Insurance (est.)-$239
Net Cash Flow+$2,147

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

Fair Market Value

At $1045/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 $4,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    185 Laughton Avenue | $1,149,000 | Battaglia Team