5 Beds 4 Bath

505 Parkside Drive, Toronto W01, ON M6R 2Z9

Toronto W01 M6R 2Z9 Ontario

MLS: W13050314

$2,199,000

Added 2 hours ago | For Sale

Listed by: ROYAL LEPAGE TERREQUITY BESPOKE REALTY

About 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 strong in-place income 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.

Features

  • House Style:Detached
  • Bathrooms:4
  • Land Size: 24.18 X 100.07
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Parkside Ave and Bloor St W
  • Basement:Apartment , Apartment
  • Possession Date:30/60/TBA
  • Annual Property taxes: $7555.95
  • Bedrooms:5
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:W13050314

Level Type Features Dimensions
Ground Foyer W/O To Porch 9 ft, 2 in x 4 ft, 2 in
Foyer W/O To Porch 8 ft, 4 in x 5 ft, 1 in
Living Room Bay Window, Fireplace 17 ft, 9 in x 10 ft, 3 in
Kitchen Centre Island, Stainless Steel Appl, W/O To Deck 10 ft, 4 in x 13 ft
Bedroom Window, Closet 14 ft, 2 in x 10 ft, 3 in
Other 10 ft, 4 in x 9 ft, 3 in
Second Living Room Combined w/Dining, Window, Closet 17 ft, 6 in x 9 ft, 10 in
Kitchen Stainless Steel Appl, Window 7 ft x 13 ft
Bedroom Window, Closet 10 ft, 5 in x 9 ft, 6 in
Bedroom 2 Window, Closet 11 ft, 1 in x 10 ft, 3 in
Third Kitchen Combined w/Dining, Stainless Steel Appl, Window 11 ft, 2 in x 7 ft, 8 in
Bedroom Combined w/Living, Window 13 ft, 10 in x 11 ft, 9 in
Basement Living Room Combined w/Kitchen, Window 10 ft x 9 ft, 6 in
Kitchen Combined w/Living, Stainless Steel Appl 7 ft, 6 in x 9 ft, 6 in
Bedroom Closet, Window 7 ft, 6 in x 9 ft, 2 in
Furnace Room Combined w/Laundry, Stainless Steel Sink 13 ft, 3 in x 9 ft, 6 in

No property rooms available.

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