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High Park-Swansea · M6R 2Z9
$2,049,000
MLS® #W13050314
5
Bedrooms
4
Bathrooms
2000-2500
Sq Ft
About This Property
Discover an exceptional investment opportunity in one of Toronto's most desirable west-end locations. 505 Parkside Dr is a turnkey, upgraded property with 4 self-contained units, situated directly across from High Park and steps away from Keele TTC station. This property has been meticulously maintained by an experienced owner, ensuring operational efficiency and long-term stability. Recent upgrades include newer roofing, eavestroughs, downspouts and fascia, windows and blinds, vinyl flooring, 200 Amp electrical panel, tankless water heater, sump pumps (2), radiators, interior doors, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.62%**, with minimal need for repositioning.Tenants benefit from efficient floorplans, outstanding convenience, and lifestyle appeal. The property is just a 3-minute walk to Keele Subway Station and only 15 minutes to the UP Express, ensuring seamless access to downtown and beyond. Steps from the lively Roncesvalles Village, residents have access to some of the city's best cafés, restaurants, and local shops, further enhancing tenant appeal and retention.A rare opportunity to acquire a turn-key asset in a premier west-end location with stable income, strong fundamentals, and enduring demand.
General Information
Building & Mechanicals
Basement
Parking & Garage
Lot & Land
Interior Features
Features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Ground | 9' 2" × 4' 2" |
| Foyer | Ground | 8' 4" × 5' 1" |
| Living Room | Ground | 17' 9" × 10' 3" |
| Kitchen | Ground | 10' 4" × 13' |
| Bedroom | Ground | 14' 2" × 10' 3" |
| Other | Ground | 10' 4" × 9' 3" |
| Living Room | Second | 17' 6" × 9' 10" |
| Kitchen | Second | 7' × 13' |
| Bedroom | Second | 10' 5" × 9' 6" |
| Bedroom 2 | Second | 11' 1" × 10' 3" |
| Kitchen | Third | 11' 2" × 7' 8" |
| Bedroom | Third | 13' 10" × 11' 9" |
| Living Room | Basement | 10' × 9' 6" |
| Kitchen | Basement | 7' 6" × 9' 6" |
| Bedroom | Basement | 7' 6" × 9' 2" |
| Furnace Room | Basement | 13' 3" × 9' 6" |
Mortgage Calculator
Estimated monthly payment
$10,066
Down payment: $409,800 · Loan: $1,639,200
Estimate only. Actual rates and payments vary by lender.
Virtual Tour
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Listing courtesy of:
ROYAL LEPAGE TERREQUITY BESPOKE REALTY
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
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: Jul 6, 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.