Exceptional detached 2 1/2 storey investment opportunity in the heart of Toronto's highly sought-after Junction neighbourhood. This newly renovated and well-maintained multi-unit property features three self-contained suites, including two spacious three-bedroom suites (upper to be vacant on closing) and 1 one bedroom suite, offering strong and stable rental appeal with a current gross income of ~$108,300. The unfinished basement provides a value-add opportunity with the potential to create an additional two-bedroom suite, increasing future income potential to $135,000 or more. Ideally located on a prime stretch of High Park Avenue, this property benefits from excellent transit connectivity with easy access to TTC routes, major commuter arteries and just steps to the core of the vibrant Junction with its diverse mix of shops, cafés, restaurants, and everyday conveniences. High Park, one of Toronto's most iconic green spaces, is less than four blocks away. With strong rental demand, excellent walkability, and long-term appreciation, this property is well suited for investors seeking immediate cash flow or end-users looking to live in one suite while generating income from the others, offering a rare opportunity to acquire a versatile multi-unit property in a premier west-end neighbourhood with future expansion potential.
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
2 1/2 Storey
Total Approx Floor Area:
3000-3500
Lot Depth:
200'61 m
Lot Frontage:
29'8.84 m
Direction Faces:
West
Bedrooms:
7
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
7
Kitchens Above Grade:
3
Rooms Above Grade:
19
Rooms Below Grade:
4
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Stone
Roof:
Asphalt Shingle
Basement:
Full, Unfinished, Walk-Up, Development Potential
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
2.0
Parking Features:
Right Of Way
Parking Spaces:
3
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$10,391 /
2025
Assessment:
$- /
-
Toronto
Toronto W02
Junction Area
Separate Hydro Meter
None
New tankless hot water heater, 1 ductless air conditioner, 2 new heat pumps, 1 boiler, 3 fridges, 3 stoves, 3 built-in dishwashers, microwave range hood, 1 built-in stacked washer and dryer combo, washer, dryer
Any tenant belongings
Brick, Metal/Steel Siding
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Wall Unit(s)
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
Jan 30, 2026
Original Price:
$2,169,900
Listed by RE/MAX WEST REALTY INC.
Data was last updated March 2, 2026 at 03:15 PM (UTC)
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