36 Mitchell Avenue, Toronto C01

Price: $1,089,900

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: C12599160

Incredible location! Larger than it looks, with unlimited potential in one of Toronto's hottest neighborhoods. End unit freehold rowhouse steps to transit, shopping, great schools, Queen, King, Bathurst Streets and Trinity Bellwoods Park, trendy restaurants and entertainment district. Street permit parking available from the city. House is in good shape, could use upgrading to suit your style.

36 Mitchell Avenue - Townhouse photo 1 of 20 in Downtown Toronto / Waterfront, Ontario
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$1,089,900 - 36 Mitchell Avenue, Downtown Toronto

Townhouse for Sale in Downtown Toronto

49 days on market
4Beds
3Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
C12599160
Property Type
Townhouse
Status
active
Days on Site
49
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Downtown Toronto / Waterfront
Listing Brokerage
COMFREE
Description

Incredible location! Larger than it looks, with unlimited potential in one of Toronto's hottest neighborhoods. End unit freehold rowhouse steps to transit, shopping, great schools, Queen, King, Bathurst Streets and Trinity Bellwoods Park, trendy restaurants and entertainment district. Street permit parking available from the city. House is in good shape, could use upgrading to suit your style.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,821.00/mo

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5%20%50%

5-yr fixed avg.

Principal: $871,920Interest: $574,379
Mortgage Amount$871,920
Total Interest$574,379
Est. Property Tax$772/mo
Total Cost$1,446,299

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: Downtown Toronto / Waterfront

Discover Downtown Toronto / Waterfront

Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront

  • Convenient location in Downtown Toronto / Waterfront
  • 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

Downtown Toronto / Waterfront 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

36 Mitchell Avenue, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,380/mo
Range: $2,873 - $3,887
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,380
Maintenance Fees-$0
Property Tax (est.)-$772
Insurance (est.)-$227
Net Cash Flow+$2,381

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $545/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.

Negotiation Opportunity

At 49 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.

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 Downtown Toronto. 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: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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