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South Parkdale · M6K 2N1
$1,995,000
MLS® #W12890260
9
Bedrooms (7+2)
9
Bathrooms
2500-3000
Sq Ft
About This Property
An exceptional and rarely available opportunity to acquire a fully leased 9-unit multiplex in the heart of South Parkdale, one of Toronto's most vibrant and rapidly gentrifying neighbourhoods just steps to trendy King Street West, transit, shops, restaurants, and every day amenities. This well-maintained income property offers zero vacancy, stable tenants, and an excellent cap rate, making it a compelling addition to any investor's portfolio with strong in-place cash flow and long-term upside.The building features nine self-contained units including two small one-bedroom suites, four well-sized one-bedroom plus living room apartments, and three studio units on the upper floor, creating a diverse unit mix that appeals to a broad tenant base. The current owner has been strategically renovating units as they become vacant, and several suites have already been upgraded, offering clear potential for continued improvements and increased rental income overtime.Situated on a quiet residential street, the property also includes a private backyard with shed and potential for a future parking pad, creating additional value and income possibilities. The building has been well maintained with a good roof and freshly painted doors, and benefits from responsible long-term tenants. Zoned "Multiplex With 7 Or More Self-Contained Units," this is a very rare chance to secure a turn key multi-unit investment in a prime west-end Toronto location with strong cash flow today and meaningful long-term appreciation potential.
General Information
Building & Mechanicals
Basement
Parking & Garage
Lot & Land
Interior Features
Features
Exterior Features
Pool
Taxes
Mortgage Calculator
Estimated monthly payment
$9,801
Down payment: $399,000 · Loan: $1,596,000
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
FOREST HILL REAL ESTATE INC.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Apr 14, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.