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$ 2,400,000
Est. payment | /mo
12 Beds
8 Baths
$ 2,400,000
Est. payment | /mo
12 Beds
8 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision South Parkdale
MLS Listing ID W12398027
Style 3-Storey
Bedrooms 12
Annual Tax Amount $12,585
Tax Year 2025
Property Sub-Type Multiplex
Property Description
6.29% Cap rate. Massive Parkdale Mansion. 8 Units ( 4 x two bedrooms , 4 x One bedrooms ) All currently rented. Over 5000 Sq Ft. updated Units .Gross Income over $185,000.Great Tenants. Steel Roof With Lifetime Warranty. Newer Boiler With Indirect Hot Water Tank.. Very Well Maintained. Easy To Rent. Stable rental income today with strong appreciation and rent growth potential tomorrow.South Parkdale is one of Torontos most desirable multifamily investment areas offering strong tenant demand, low vacancy, and steady cash flow today, with clear upside in rent growth as the neighbourhood continues to gentrify. Steps to downtown, transit, and the waterfront, properties here combine stability with long-term appreciation potential.
Location
Province ON
County Toronto
Community South Parkdale
Area Toronto
Rooms
Family Room No
Basement Apartment, Separate Entrance
Kitchen 8
Separate Den/Office 3
Interior
Interior Features Sump Pump, Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Lane
Pool None
Roof Type Asphalt Shingle
Lot Frontage 34.0
Lot Depth 153.0
Total Parking Spaces 6
Building
Foundation Concrete Block, Stone
Listed by RE/MAX WEST REALTY INC.
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