128 Spears Street, Toronto W03

Price: $575,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13072770

Deep Ravine Lot 186 feet deep! Finished Bsmt with Sep Entrance. Convenient location close to public transportation, amenities and highways.

128 Spears Street - Detached photo 1 of 1 in Keelesdale / Eglinton West, Ontario
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$575,000 - 128 Spears Street, Keelesdale

Detached for Sale in Keelesdale

114 days on market

Neighbourhood: Rockcliffe-Smythe

2Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13072770
Property Type
Detached
Status
active
Days on Site
114
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Keelesdale / Eglinton West
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Deep Ravine Lot 186 feet deep! Finished Bsmt with Sep Entrance. Convenient location close to public transportation, amenities and highways.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,950.05/mo

Includes CMHC insurance ($16,043)

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5-yr fixed avg.

Principal: $517,500Interest: $351,472
Mortgage Amount$533,543
Total Interest$351,472
Est. Property Tax$407/mo
Total Cost$885,014

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: Rockcliffe-Smythe

Discover Rockcliffe-Smythe

Rockcliffe-Smythe 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 Rockcliffe-Smythe

  • 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

Rockcliffe-Smythe 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

128 Spears Street, Keelesdale / Eglinton West

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$1,873

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 $821/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.

Negotiation Opportunity

At 114 days on site, this property has exceeded the typical selling timeline for Keelesdale. 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.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Rockcliffe-Smythe

I know Rockcliffe-Smythe well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $2,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    128 Spears Street | $575,000 | Battaglia Team