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Gurdev Singh Virk

realtorgsvirk@gmail.com +1(647) 530-4840

$ 1,995,000

Est. payment | -/mo

5 Beds

4 Baths

Save Virtual Tour

$ 1,995,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Municipality Toronto W01

Subdivision High Park-Swansea

MLS Listing ID W13751916

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $7,688

Tax Year 2026

Property Sub-Type Triplex

Property Description

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 4.98%**, 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 cafes, 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.

Location

Province ON

County Toronto

Community Toronto W01

Area Toronto

Rooms

Family Room No

Basement Apartment

Kitchen 4

Interior

Interior Features Carpet Free

Cooling Other

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Right Of Way

Pool None

Roof Type Asphalt Shingle

Lot Frontage 24.18

Lot Depth 100.07

Total Parking Spaces 1

Building

Unit Features Fenced Yard,Park,Public Transit,School,Library,Hospital

Foundation Unknown

Others

ParcelsYN No

Virtual Tour https://www.houssmax.ca/vtournb/c3575002

Listed by ROYAL LEPAGE TERREQUITY BESPOKE REALTY

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 530-4840

realtorgsvirk@gmail.com

Learn More About LPT Realty

505 Parkside DR Toronto W01, ON M6R 2Z9