$1,899,999 - 524 Silverthorn Avenue, Keelesdale
Multi-Family for Sale in Keelesdale
Neighbourhood: Keelesdale-Eglinton West
- MLS Number
- W13623088
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 24
- Bedrooms
- 8
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Keelesdale / Eglinton West
- Listing Brokerage
- Century 21 Signature Service
Great Investment Opportunity in the Desirable Keelesdale-Eglinton West Neighbourhood! Purpose Built Legal Duplex with Additional Non-Retrofitted Finished Basement with Separate Front and Side Entrance Access Consists of Two 3 Bedrooms Units on Main and 2nd Floor and Separate Two Bedroom Finished Basement Unit. The Property Features 6 Separate Entrances (3 Front Door & 3 Side Door) 3 Kitchens, 3 Bathrooms Making the Ideal Investment Property, Walkout to Fully Enclosed Balconies from Main and Second Floors. Multigenerational Living or Team Up/Partnership/Owner Living Arrangement. Massive Oversized 40ft Lot Offers Private Driveway for Parking for 6 Cars and Large Double Garage That May Have Garden Suite Potential! Great Well Manicured Private Rear Garden! Major Updates Include Roof (2020), Two Furnaces (2011), and Central Air Conditioning (2011). Parking Is Exceptional with a Private Driveway That Fits up to Six Cars and a Detached Double Garage at the Rear, a Rare Feature in This Area. Located Just Minutes from the Eglinton Crosstown LRT, TTC, Schools, Parks, Shopping, Restaurants, and Major Highways, Keelesdale-Eglinton West Is a Neighbourhood Seeing Significant Growth and Redevelopment, with Strong Rental Demand. A Versatile Property with Plenty of Options for Investors, Multi-Generational Families, or Buyers Looking to Live in One Unit and Generate Additional Income.
Estimate your monthly payments for this property
Estimated Payment
$8,404.34/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 Keelesdale-Eglinton West
Keelesdale-Eglinton West 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 Keelesdale-Eglinton West
- •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
Keelesdale-Eglinton West 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.
524 Silverthorn Avenue, Keelesdale / Eglinton West
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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
Competitive Pricing
At $760/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 24 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 8 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 3 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 Keelesdale-Eglinton West
I know Keelesdale-Eglinton West 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 $7,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.