154 Mulock Avenue, Toronto, ON
Junction Area, Toronto · MLS® W13476228
About this home
In short
- A renovated, and income-generating in the heart of the Junction, this is the kind of opportunity buyers wait for.
- Whether you're an investor seeking strong rental potential, a multi-generational family looking for flexible living arrangements, or an end-user wanting...
A renovated, and income-generating in the heart of the Junction, this is the kind of opportunity buyers wait for. Whether you're an investor seeking strong rental potential, a multi-generational family looking for flexible living arrangements, or an end-user wanting mortgage-supporting income, 154 Mulock Avenue delivers exceptional versatility in one of Toronto's most desirable west-end neighbourhoods. Thoughtfully configured as two self-contained units across multiple levels, the home offers a rare combination of immediate functionality and long-term upside. Modern kitchens, updated finishes, separate living spaces, and abundant natural light create comfortable, move-in-ready accommodations, while the flexible layout allows owners to adapt the property to changing needs over time. A private terrace provides valuable outdoor space, and private parking adds everyday convenience in a neighbourhood where it's increasingly hard to find. The location is what truly elevates this offering. Set in a highly sought-after Junction pocket, you're steps from some of Toronto's most beloved cafés, restaurants, breweries, boutiques, parks, and schools. Enjoy the character and community feel that have made the Junction one of the city's most coveted neighbourhoods, while benefiting from easy access to the UP Express, TTC, bike routes, and major highways for seamless commuting throughout the GTA. Properties that combine flexibility, income potential, and location this effectively are increasingly rare. With the Junction continuing to attract homeowners, tenants, and investors alike, this is more than just a property-it's an opportunity to secure a foothold in one of Toronto's strongest and most dynamic neighbourhoods.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- W13476228
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 15.83 × 60 ft
- Cross streets
- Keele & St Clair
- Parking
- 1 parking
- Driveway
- Private
- Basement
- Apartment, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Flat, Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,128 / 2025
- Days on market
- 119
- Listing brokerage
- Signature Elite Realty Ltd.
Rooms
Above Grade Window
open concept · combined w/living · stainless steel appl
Window
Window
quartz counter · eat-in kitchen · stainless steel appl
combined w/kitchen · window
closet · above grade window
window · w/o to terrace
Window
Listed at $1,099,000. Going by how homes in Junction Area and the wider GTA have actually closed against their asking prices (about 100%, 9 local closings in 90 days), the likely sale price is near $1.09M, if it sells. A realistic range is $1.02M to $1.23M.
Independent value check: $884K. Without looking at the asking price, our model values the home itself about 20% below the ask (homes like it typically land between $829K and $927K).
Why $884K. The typical semi-detached home sold in Junction Area over the past year went for about $1.15M (30 sales). What sets this one apart:
- ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $5,128 a year; the typical home sold here pays about $5,700.
Longer on the market than typical. 119 days on the market against about 17 for homes like it here, and asking 24% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.09M, from 9 recent closings in this pocket.
The market behind the math:
About 2.7 months of inventory: 8 semi-detached homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,221/sqft against an area asking average of $823/sqft.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. In Junction Area basements rarely rent out (3 of 31 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.10M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Schools & getting aroundcatchment and transit
Its public catchment (Humberside Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Junction Area, so I widened the search to the surrounding area.
Based on 4 homes sold on this street over the past two years, plus 1 nearby in Junction Area, from 68 closings in Junction Area.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $884K, which is where my estimate comes from.
Per square foot, these ask about $919/sqft; this home lists at $1,221/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in Toronto: $1.12M in September 2026, up 2% from a year ago, on 2,409 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.08M | 252 |
| November 2025 | $1.03M | 207 |
| December 2025 | $967K | 117 |
| January 2026 | $997K | 100 |
| February 2026 | $1.09M | 151 |
| March 2026 | $1.18M | 180 |
| April 2026 | $1.18M | 242 |
| May 2026 | $1.18M | 282 |
| June 2026 | $1.21M | 262 |
| July 2026 | $999K | 237 |
| August 2026 | $970K | 166 |
| September 2026 | $1.12M | 213 |
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.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $879,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,861
- Property tax
- $427
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,289
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,455
- Toronto municipal land transfer tax
- $18,455
- Estimated closing costs
- $36,910
Plus your down payment of $219,800. 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
- $291,675
- Principal paid down
- $107,422
- Interest paid
- $184,253
- Balance remaining
- $771,778
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
About the suite: in Junction Area basements rarely rent out (3 of 31 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 6 whole-home leases in Junction Area signed at a median of $3,665 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,131. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Signature Elite Realty Ltd.. MLS®/PropTx.