505 Parkside Drive, Toronto
1 / 39
For Sale
$1,895,000
0 bd · 0 ba

505 Parkside Drive, Toronto M6R 2Z9

MLS®# W13773246

Est. mortgage
$7,189/mo
Property taxes $7,688.46/yr

About This Home

Property Type
Commercial, Investment
Parking
None
MLS #
W13773246
Listed on
2026-09-11
Lot size
24 x 100.07
Tax
$7,688.46 /yr
Days on Market
62
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 5.24%**, 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.

Property Details

Full Property Details

General

Business Type
Apts - 2 To 5 Units
Total Area
2024.00 Square Feet
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-

Interior

Washrooms
0
Heating Fuel
Radiant
Air Conditioning
Yes

Exterior

Depth
100.07
Front
24.18
Lot Size
24 x 100.07 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
R (d0.6) (x675)

Building Description

Home Type
Commercial
Subtype
Investment
Water Supply
Municipal
Possession Date
No Data

Community

Community
High Park-Swansea

Taxes & Fees

Taxes
$7,688.46 /yr
Tax Year
2026
Occupancy
Tenant

Other

Virtual Tour Link
Mark Barbosa
Mark Barbosa
Century 21 In-Studio Realty Inc., Brokerage
Listed by RYAN NGOVU, Salesperson
61 days on site
Listing Broker
ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Courtesy
ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Listed Date
9/11/2026

Courtesy of PropTx MLS® / ROYAL LEPAGE TERREQUITY BESPOKE REALTY

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