118 Mackay Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Corso Italia-Davenport. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,049,880 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 16.83 x 106 ft lot
- Features a apartment, separate entrance, finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Suite, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 118 Mackay Ave, a turnkey semi-detached masterpiece in the heart of warm and vibrant Corso Italia. From the moment you arrive, the charming front porch invites you in. Step inside and feel the warmth immediately. Sun-filled open-concept principal rooms flow from living to dining, finished with imported European hardwood throughout. The convenient main floor powder room adds practicality busy families appreciate. The stunning kitchen features Caesarstone counters, high-end appliances, lots of storage and a walkout to your private fenced yard where family memories are waiting to be made. Upstairs discover three light-filled bedrooms with custom closets, a peaceful family retreat at the end of every day.The fully underpinned basement impresses with soaring ceilings and gorgeous finishes. Use it as a luxurious family living extension or a completely turnkey income suite with separate entrance, full kitchen, and private laundry. Move in and earn from day one. The convenient laneway presents an incredible opportunity to develop a laneway suite, adding unmatched long term value in one of Toronto's most in-demand neighbourhoods.Two car parking, two laundry areas, top-rated schools, incredible restaurants, cafes, shops, parks, and TTC all steps away. MUST SEE it is truly turnkey. Your family's next chapter starts here.
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Carpet Free, In-Law Suite, Storage, Sump Pump
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 118 Mackay Avenue, Toronto W03, ON M6H 2N8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,049,880 in Toronto, the legal minimum down payment is $209,976 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $17,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,473 also applies, bringing the total estimated land transfer taxes to $34,945.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
