Get $4,698 Cash Back
38 JELLICOE AVENUE, Toronto (Alderwood) — listed at $1,879,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Family owned triplex on quiet street walking distance to Lakeshore shopping, TTC and GO station. This property has been well maintained and offers an opportunity as an investment or generational residence. Solid brick structure and purpose built with 3 full kitchens, 3 baths, thermopane windows, separately metered electrical services, oversized double garage and plenty of parking. Basement and main floor units have been updated with kitchens featuring quartz countertops and new appliances. Newly renovated baths with new fixtures, vanities and heated mirrors. Freshly painted throughout. Electrical service has 3 meters and new panels (2x100 amp, 1x60 amp). Second floor unit is tenanted on a month to month basis @ $2650 plus hydro. Purchaser to assume tenant. New exterior doors and push button locks. Large rear garden is fully fenced. Positive Carson Durlop inspection report available. MPAC-reported square footage of 2494 sqft refects the main and upper floors and does not include the basement. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Ground level | 4.7 x 3.72 meters |
| Living room | Basement | 7.56 x 3.54 meters |
| Kitchen | Basement | 4.85 x 2.95 meters |
| Bedroom | Basement | 3.41 x 3.32 meters |
| Laundry room | Basement | 4.25 x 3.39 meters |
| Cold room | Basement | 3.18 x 1.37 meters |
| Kitchen | Ground level | 5.04 x 3.09 meters |
| Primary Bedroom | Ground level | 3.76 x 3.3 meters |
| Bedroom | Ground level | 3.8 x 3.3 meters |
| Bedroom | Ground level | 3.7 x 2.68 meters |
| Living room | Second level | 3.71 x 4.63 meters |
| Kitchen | Second level | 3.73 x 3.37 meters |
| Primary Bedroom | Second level | 3.77 x 3.37 meters |
| Bedroom | Second level | 3.76 x 3.37 meters |
| Bedroom | Second level | 3.7 x 2.7 meters |
What makes this a luxury property?+
At $1,879,000, standout features include 3 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What's the parking situation?+
This property includes 7 spaces — Detached Garage, Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,417.28, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Could this work as an investment property?+
The basement description mentions: Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Alderwood) before counting on it.
Does it have a basement, and is it finished?+
Yes — Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Ask About This Property
Nearby Places
Searching nearby places…
Benchmark price · Updated 2026-09
Year over year
Past 10 years
Similar listings
For Sale101 days25
For Sale16 days35
For Sale10 days1
For Sale10 days22
The listing data above is provided under copyright by the Canadian Real Estate Association. While the information is considered reliable, its accuracy is not guaranteed by the Canadian Real Estate Association or getsetsold.ca. Neither getsetsold.ca nor its affiliates make any representations or warranties, express or implied, regarding the accuracy or completeness of the information presented here.