$1,499,000 - 66 Mahoney Avenue, York
Detached for Sale in York
153 days on market- MLS Number
- W12760086
- Property Type
- Detached
- Status
- active
- Days on Site
- 153
- Bedrooms
- 11
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- York / Weston
- Listing Brokerage
- HOMELIFE/ROMANO REALTY LTD.
Welcome to 66 Mahoney Ave. The perfect home for the homeowner that would like to live in the main part of the home 3 bedroom unit and make some extra income from the remaining units. This legal duplex multi residential property with 3456sq.ft of living space has (4) Self-Contained units features 5 Kitchens, 11 Bedrooms and 5 Full bathrooms. Roof done in 2023, Drive way was freshly paved 2024. Laminate floors on the first and second floor installed in 2024. Five (5) parking spaces available plus one detached garage space for a total of 6 spaces. The front facing entrance of this home greets you with a Large Living room, open concept Dining room, and kitchen with granite counter tops. On the second floor you will find 3 bedrooms and a four piece bathroom. From the side of the home there is a 2 car driveway and two doors leading into the house. The door on the right side serves as the main entrance that leads you to three additional units once inside. Each unit has 2 bedrooms with 4 piece bathroom and a kitchen or kitchenette with a living space or combined kitchen and living space. From the outside, the door on the left leads you to another unit in the lower level where you will find 2 bedrooms with 4 piece bathroom and combined kitchen and living space. Extras Include 5 Refrigerators, 5 Stoves, 2 Microwave, 1 Dishwasher. Furnace Owned, Hot Water Tank Owned 2018 Commercial Size.
Estimate your monthly payments for this property
Estimated Payment
$6,630.58/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 York / Weston
York / Weston 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 York / Weston
- •Convenient location in York / Weston
- •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
York / Weston 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.
66 Mahoney Avenue, York / Weston
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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 $750/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.
Negotiation Opportunity
At 153 days on site, this property has exceeded the typical selling timeline for York. 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 York 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 11 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 York.
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.
Investment Perspective
Looking at this as an investment: York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.