6.29% Cap rate. Massive Parkdale Mansion. ( 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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
5500 sq. ft. Square Feet
Total Area:
5,500 sq. ft.511 m2
Lot Depth:
153'46.6 m
Lot Frontage:
34'10.4 m
Water supply:
Municipal
Zoning:
Residential
Heating type:
Gas Hot Water
Garage:
None
Possession Details:
30 / 60 / TBA
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$12,585.71 /
2025
Assessment:
$- /
-
Toronto
Toronto W01
South Parkdale
Utilities:
Available
Air Conditioning:
No
Seller Property Info Statement:
No
Condo Fee:
$0
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Sep 11, 2025
Original Price:
$2,400,000
Listed by RE/MAX WEST REALTY INC.
Data was last updated October 26, 2025 at 10:15 PM (UTC)
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5,500 sq. ft.
