Toronto W03 M6E 3Y4
Canada

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 10 BR
Bathrooms: 3
Pets: No Pets Allowed

Financials

Price:C1,200,000
($871,656)
(€741,709)
Annual Taxes:C3,234
505 Park Ave, New York, NY 10022

For more info on this property, please click the Brochure button.

Description

For more info on this property, please click the Brochure button. A rare detached legal duplex in midtown Toronto offering strong income today with significant development upside. Situated on a 25 ft 125.5 ft lot, the property includes two private rear laneway parking spaces, 6 bedrooms, and 3 bathrooms across three self-contained units, each with its own kitchen and living space. Approved architectural permits allow the main house to expand from a legal duplex into a legal 4-unit multiplex, with an additional 2-storey garden suite permitted at the rear-positioning the property for five legal units at full build-out. Fire separations, egress paths, and structural notes are already documented, creating a clear, low-friction pathway for redevelopment. Located in the rapidly improving Fairbank neighbourhood, the home is steps to parks, schools, community facilities, and the soon-to-open Fairbank LRT Station, with Eglinton West subway access nearby. The area continues to benefit from major transit and infrastructure investment, supporting long-term value growth. Marketed as a Strong CMHC Candidate, this is an exceptional opportunity for investors seeking both immediate income and future scalability.

Amenities

  • Carbon Monoxide Detectors
  • City
  • Fireplace Insert
  • Porch
  • Separate Heating Controls
  • Smoke Detector
  • Water Meter

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.