$1,299,900 - 247 Prescott Avenue, Keelesdale
Multi-Family for Sale in Keelesdale
42 days on marketNeighbourhood: Weston-Pellam Park
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- W13715272
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 42
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Keelesdale / Eglinton West
- Taxes (2025)
- $5,128
- Listing Brokerage
- UNION CAPITAL REALTY
Stunning turn-key fourplex offering an exceptional opportunity in a highly desirable location! Thoughtfully configured with two spacious 2-bedroom units, one 1-bedroom unit, and one bachelor unit, each showcasing modern finishes and inviting living spaces. The well-planned layout features one unit on the third floor, one unit on the second floor, and two units on the main floor, creating a versatile multi-unit property with plenty of appeal.Ideally situated on a street that offers the charm and comfortable feel of suburban living while keeping you connected to all the urban conveniences of the city. Enjoy the best of both worlds-a welcoming residential setting paired with the accessibility and lifestyle today's city dwellers appreciate. With its attractive modern interiors, turn-key condition and highly functional four-unit configuration, this property presents an exciting opportunity for investors and buyers looking to add a standout multi-unit property to their portfolio. A rare offering with tremendous appeal and an exceptional opportunity that won't last long!
Estimate your monthly payments for this property
Estimated Payment
$5,749.90/mo
5-yr fixed avg.
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.
Discover Weston-Pellam Park
Weston-Pellam Park 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 Weston-Pellam Park
- •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
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
Weston-Pellam Park 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.
247 Prescott Avenue, Keelesdale / Eglinton West
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $867/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.
Market Position
At 42 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Keelesdale.
Bathroom Count Matters
With 4 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.
About Weston-Pellam Park
I know Weston-Pellam Park 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 $5,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.