$1,199,000
Toronto
28 Mechanic Avenue, Toronto (Little Portugal), Ontario, M6K2P1
This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,199,000, it is attractively priced about 11% below the $1,345,000 median asking price in Toronto. It has been on the market 27 days, fresher than the Toronto average of 71 days.
Welcome to 28 Mechanic Ave, a beautifully renovated, turnkey home in an established West Toronto neighbourhood offering an exceptional combination of location, condition and future flexibility. Meticulously maintained and in mint condition, this home is truly move-in ready. The current owners thoughtfully modified the main floor to accommodate single-level living, converting the former kitchen area into a bedroom. Importantly, the original kitchen rough-ins remain behind the walls, providing the next owner with the flexibility to easily re-establish a main-floor kitchen and enjoy the entire home as one residence. For buyers looking for additional income potential or multigenerational living, the home's layout also presents an exciting concept for conversion to a legal duplex, subject to municipal approvals and applicable building-code requirements. The lower level offers a separate exterior entrance, kitchen, bathroom, laundry and generous living space, while the main and second floors provide additional living space with the flexibility to suit a variety of needs. Location is another standout Shirley Street Junior Public School & McCormick Arena are just a 2-3 minute walk. The surrounding west-end neighbourhood offers convenient access to the Dundas Street West corridor, TTC streetcar service, Lansdowne and Dundas West subway stations, Bloor GO/UP Express, as well as nearby shops, restaurants, groceries and every day amenities. Whether you're looking for a turnkey family home, multigenerational living, or a property with future income potential, 28 Mechanic Ave offers a rare level of flexibility in a convenient, established Toronto neighbourhood. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 27 days on market, against an average age of 71 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed single family in Toronto (Little Portugal) has been listed for 27 days, which is 44 days fresher than the city average of 71. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,199,000, about 16.7× the local median household income of $72,000.
Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 225% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6K)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.