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.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Total Approx Floor Area:
3500-5000
Lot Depth:
153'46.6 m
Lot Frontage:
34'10.4 m
Direction Faces:
West
Bedrooms:
9+3
Bathrooms:
8.0
Water supply:
Municipal
Kitchens:
8
Kitchens in Basement:
2
Bedrooms Above Grade:
9
Bedrooms Below Grade:
3
Kitchens Above Grade:
6
Rooms Above Grade:
19
Rooms Below Grade:
6
Heating type:
Water
Heating Fuel:
Gas
Foundation:
Concrete Block, Stone
Roof:
Asphalt Shingle
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Lane
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
30 / 60 / TBA
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$12,585.71 /
2025
Assessment:
$- /
-
Toronto
Toronto W01
South Parkdale
Sump Pump, Water Heater Owned
Brick, Concrete Block
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
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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