Back to results
Active Triplex For Sale 5 days on market
$1,995,000
MLS® W13751916

505 Parkside Drive, Toronto, ON M6R 2Z9

Toronto W01 · High Park-Swansea · M6R 2Z9
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Five-bed triplex across from High Park with separate rental unit; strong west-end location justifies $2M price point.
5
Beds
4
Baths
2000-2500
Sqft
1
Parking

About this home

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.

📋 Property summary 8 details
Property Type
Triplex
Style
['2 1/2 Storey']
Square Footage
2000-2500
Days on Market
5 days
Annual Taxes
$7,688
Lot Size
24.18' × 100.07'
Community
High Park-Swansea
Parking
1.0 spaces
🏠 Interior 1 features
Basement
Apartment
Interior features
Carpet Free
🧱 Building & exterior
Foundation
Unknown
Exterior
Brick
⚡ Utilities
Heating
Radiant
Cooling
['Other']
Sewer
['Sewer']
📐 Rooms & dimensions 16 rooms · 4 levels
Second
Bedroom 3'2" × 2'11"
Living Room 5'4" × 3'
Kitchen 2'2" × 4'
Bedroom 2 3'5" × 3'1"
Third
Bedroom 4'3" × 3'7"
Kitchen 3'5" × 2'4"
Basement
Bedroom 2'3" × 2'9"
Furnace Room 4' × 2'11"
Living Room 3'1" × 2'11"
Kitchen 2'3" × 2'11"
Ground
Foyer 2'9" × 1'3"
Kitchen 3'2" × 4'
Foyer 2'6" × 1'7"
Bedroom 4'4" × 3'1"
Living Room 5'5" × 3'1"
Other 3'2" × 2'10"
🌳 Lot & land
Frontage
24.18 ft
Depth
100.07
Source
MPAC
📦 Inclusions & exclusions
Included with sale

4 Stoves, 4 Fridges, 3 B/I Dishwashers, 2 Washers, 2 Dryers, Portable A/C (2), Portable heaters (3).(see Feature sheet/scheduleC)

📃 Listing details
MLS® Number
W13751916
Days on Market
5 days
Possession
Flexible
Listing Brokerage
ROYAL LEPAGE TERREQUITY BESPOKE REALTY

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

Recent comparable sales

See what nearby homes actually sold for in the last 6 months — not asking prices, real closes.

🔒 VOW · sold prices

Register free to see sold prices

Sold-price access is required by TRREB to be password-gated. It's free — takes 20 seconds — and you also get saved searches + shortlist + listing alerts.

Unlock sold prices →
Already have an account? Sign in

Location

💰
Want the full AI value report?
The table above shows raw sold comps. The full report is an AI-generated read on whether this home is overpriced, fair, or opportunity — plus the strategy I'd use to bid on it.

About Toronto

Browse more Toronto listings · See the Toronto city page with market trends and neighbourhood breakdowns.

$1,995,000
505 Parkside Drive, Toronto, ON M6R 2Z9
📞 Call
💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 505 Parkside Drive, Toronto... is priced fairly, over, or under.

🔒 We email you a copy. No spam. Required for cost-control (we run real MLS queries per request).