38 Miller Street, Toronto W03

Price: $1,299,000

5 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13777046

Amazing Legal Five Plex Investment Corner property with 5 one-bedroom apartments close to transit, shopping and schools In Toronto. The seller will consider a private Vendor Take Back mortgage (VTB) to qualified buyer. Property has yearly Fire Department inspections with a building pull alarm and fire extinguishers, Building is heated with an efficient modern natural gas Navian Boiler System that sends heated water to radiators in each apartment, Roof is 4 years old, Unit 1 Renovated completely 2 years ago, Gross estimated Income of $63,120, Expenses $15,900, Net Income $47,220. approximately. Property is being sold in "As Is, Where Is" condition

38 Miller Street - Detached photo 1 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 2 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 3 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 4 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 5 of 23 in Keelesdale / Eglinton West, Ontario
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38 Miller Street - Detached photo 7 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 8 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 9 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 10 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 11 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 12 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 13 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 14 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 15 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 16 of 23 in Keelesdale / Eglinton West, Ontario
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38 Miller Street - Detached photo 18 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 19 of 23 in Keelesdale / Eglinton West, Ontario
38 Miller Street - Detached photo 20 of 23 in Keelesdale / Eglinton West, Ontario
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$1,299,000 - 38 Miller Street, Keelesdale

Detached for Sale in Keelesdale

Neighbourhood: Weston-Pellam Park

5Beds
5Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
W13777046
Property Type
Detached
Status
active
Days on Site
25
Bedrooms
5
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Keelesdale / Eglinton West
Taxes (2025)
$5,100
Listing Brokerage
CENTURY 21 MILLENNIUM INC.
Description

Amazing Legal Five Plex Investment Corner property with 5 one-bedroom apartments close to transit, shopping and schools In Toronto. The seller will consider a private Vendor Take Back mortgage (VTB) to qualified buyer. Property has yearly Fire Department inspections with a building pull alarm and fire extinguishers, Building is heated with an efficient modern natural gas Navian Boiler System that sends heated water to radiators in each apartment, Roof is 4 years old, Unit 1 Renovated completely 2 years ago, Gross estimated Income of $63,120, Expenses $15,900, Net Income $47,220. approximately. Property is being sold in "As Is, Where Is" condition

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.92/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

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: Weston-Pellam Park

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

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

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.

70
Walk Score
Varies
Price Range

38 Miller Street, Keelesdale / Eglinton West

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$2,509

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

Competitive Pricing

At $650/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 25 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.

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.

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 5 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.

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    38 Miller Street | $1,299,000 | Battaglia Team