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MLS® W13751916
High Park-Swansea, Toronto, ON
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.
Inclusions
4 Stoves, 4 Fridges, 3 B/I Dishwashers, 2 Washers, 2 Dryers, Portable A/C (2), Portable heaters (3).(see Feature sheet/scheduleC)
Broker
ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Neighbourhood
High Park-Swansea
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Triplex
505 Parkside Drive Toronto
High Park-Swansea
Type
Triplex
Basement
Apartment
Parking
None (1)
Property Tax
~$7,688/yr
Heating
Radiant
Buying Essentials
Square Feet
2250 sqft
Facing Direction
East
Parking
None (1)
Finances
List Price
$1,895,000
Price per SQFT
$842/sqft
Property Tax
~$7,688/yr
Property Specs
Property Type
Triplex
MLS Size
2250 sqft
Basement
Apartment
Living & Amenities
Heating Type
Radiant
Features
Carpet Free
Policies & Utilities
Neighbourhood
High Park-Swansea
Listed On
Sep 8, 2026
Fenced Yard
Park
Public Transit
School
Library
Hospital
Days on Market
Current: 60 days
Closet, Window
7.5 x 9.2
69 sqft
Window, Closet
10.4 x 9.5
99 sqft
W/O To Porch
9.2 x 4.2
38 sqft
Centre Island, Stainless Steel Appl, W/O To Deck
10.3 x 13.0
134 sqft
Combined w/Dining, Window, Closet
17.5 x 9.8
172 sqft
Combined w/Laundry, Stainless Steel Sink
13.3 x 9.5
126 sqft
W/O To Porch
8.3 x 5.1
42 sqft
Stainless Steel Appl, Window
7.0 x 13.0
91 sqft
Combined w/Living, Window
13.8 x 11.7
163 sqft
Window, Closet
11.1 x 10.2
114 sqft
Combined w/Dining, Stainless Steel Appl, Window
11.2 x 7.7
86 sqft
Combined w/Kitchen, Window
10.0 x 9.5
95 sqft
Window, Closet
14.2 x 10.2
145 sqft
Bay Window, Fireplace
17.7 x 10.2
182 sqft
Combined w/Living, Stainless Steel Appl
7.5 x 9.5
71 sqft
10.3 x 9.3
96 sqft
Rooms
16
Listed Room Area
1,723 sqft
Source
Estimated from MLS room dimensions
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