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Junction Area, Toronto
$1,099,000
A renovated, and income-generating in the heart of the Junction, this is the kind of opportunity buyers wait for. Whether you're an investor seeking strong rental potential, a multi-generational family looking for flexible living arrangements, or an end-user wanting mortgage-supporting income, 154 Mulock Avenue delivers exceptional versatility in one of Toronto's most desirable west-end neighbourhoods. Thoughtfully configured as two self-contained units across multiple levels, the home offers a rare combination of immediate functionality and long-term upside. Modern kitchens, updated finishes, separate living spaces, and abundant natural light create comfortable, move-in-ready accommodations, while the flexible layout allows owners to adapt the property to changing needs over time. A private terrace provides valuable outdoor space, and private parking adds everyday convenience in a neighbourhood where it's increasingly hard to find. The location is what truly elevates this offering. Set in a highly sought-after Junction pocket, you're steps from some of Toronto's most beloved cafés, restaurants, breweries, boutiques, parks, and schools. Enjoy the character and community feel that have made the Junction one of the city's most coveted neighbourhoods, while benefiting from easy access to the UP Express, TTC, bike routes, and major highways for seamless commuting throughout the GTA. Properties that combine flexibility, income potential, and location this effectively are increasingly rare. With the Junction continuing to attract homeowners, tenants, and investors alike, this is more than just a property-it's an opportunity to secure a foothold in one of Toronto's strongest and most dynamic neighbourhoods.
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,128 |
| Lot Size | 15.83 ft x 60 ft |
| mls© Number | W13476228 |
| Listed By | Signature Elite Realty Ltd. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,625
- Property tax
- $427
- Heat allowance
- $150
- Housing costs
- $6,202 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$191,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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