1 Mulock Avenue, Toronto, ON
Junction Area, Toronto · MLS® W13448868
About this home
1999-Built Corner Lot With A Two-Car Laneway Garage, Renovated Top To Bottom In 2024. One Of The Newer Builds You'll Find In The Entire City, And The Condition Shows. Tall Ceilings In The Lower Level And Skylights Above Bring Tons Of Natural Light To Every Floor. Fall In Love With The Stunning Custom Kitchen With Oversized Island, Dry Bar, Wine Fridge, And Full Stainless Appliance Package. Two Fully Redesigned Bathrooms Including A Double Vanity And Skylight In The Primary. Main Stair Skylight As Well, Bringing In Gorgeous Natural Light. Three Generous Bedrooms Upstairs. The Private Rear Yard Is Fully Fenced (2024) With A Deck And Shed. The Lower Level Is A Separate 2BR With Its Own Kitchen, Full Bathroom, Laundry And Even Its Own Private Fenced Yard. Currently Producing $6,550/Mo ($78,600/Yr) Across Both Self-Contained Units. Turnkey Cash Flow Or A Stunning End User Home w/ Rental Potential. Corner Lot with Large Solid Laneway Garage Also Provides Excellent Laneway Suite Build Potential! The Lower And Main Levels Can Also Be Easily Reconnected For Single-Family Use.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- W13448868
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 16.99 × 114.91 ft
- Cross streets
- Keele & Dundas
- Parking
- 2 garage (detached)
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,456 / 2025
- Days on market
- 32
- Listing brokerage
- ELEVATE REALTY INC.
Rooms
3 pc bath · renovated · glass doors
eat-in kitchen · dry bar · stainless steel appl
vinyl floor · large window · closet
vinyl floor · double closet · large window
laminate · window · closet
laminate · window · closet
vinyl floor · pot lights · combined w/dining
3 pc bath · renovated · skylight
pot lights · window · combined w/kitchen
quartz counter · stainless steel appl · combined w/living
vinyl floor · large window · closet
vinyl floor · pot lights · combined w/living
Listed at $1,199,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Junction Area, so I widened the search to the surrounding area.
Based on 18 similar homes nearby, adjusted for size, beds, and baths.Median of 18 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.47M, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $833K
- Adjusts to $833K
That comparable adjusts to $833K; the $1.38M estimate above is the median of all 18 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (Humberside Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $1.38M, median of 18 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
- Corner lot: more light and frontage, sometimes at the cost of privacy.
- Value driver
- Worth verifying
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 25% below the area average of $915/sqft.
28 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Junction Area, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Almost all errands require a car.
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $959,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,119
- Property tax
- $538
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,657
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,455
- Toronto municipal land transfer tax
- $20,455
- Estimated closing costs
- $40,910
Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $307,119
- Principal paid down
- $122,154
- Interest paid
- $184,964
- Balance remaining
- $837,046
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ELEVATE REALTY INC.. MLS®/PropTx.