185 Walmer Road

Toronto, ONMulti-family
$1,250,000
MLS® C13852358
Multi-family6 beds4 baths5 total
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About This Property

Prime Annex Opportunity on Coveted Walmer Road. An exceptional opportunity to own a classic red-brick property in one of the Annex's most sought-after locations. Currently configured as four fully tenanted suites, the property offers a versatile mix of layouts and strong income potential. The spacious main floor features a 2-bedroom, 1-bathroom suite, while the second floor offers another 2-bedroom, 1-bathroom suite. The third floor includes a 1-bedroom, 1-bathroom suite with the added benefit of a private rooftop deck. The lower level offers a studio with a 3-piece bathroom. Adding to the appeal are five dedicated parking spaces at the rear - a rare and valuable feature in the Annex, where parking is consistently at a premium. Whether you're looking to add a well-located property to your investment portfolio or explore a future conversion or redevelopment opportunity, this property offers exceptional flexibility and upside in a prime Toronto location just steps to Dupont TTC subway station with the downtown core easily accessible for shopping, U of T., Yorkville, Bloor Street and amenities. New roof (2023), new flat roof (2025), new electric ranges (lower level and second floor - 2025). (id:63604)

Key Facts

Type
Multi-family
Beds
6
Baths
4
Size
2,000 sqft
Lot
23.3 x 123.1 FT
Parking
5 total
Property Details 15 details
Bedrooms
6 bedrooms
5 above grade + 1 below grade
Bathrooms
4 bathrooms
Parking
5 parking spaces
No Garage
Living area
2,000 - 2,500 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Triplex
Attached status
Attached
Storeys
2.50
Basement
Partially finished, Full, Apartment in basement
Heating
Radiant heat, Natural gas
Cooling
Window air conditioner
Fireplace
3 fireplaces
Lot dimensions
23.3 x 123.1 FT
Frontage
23.30 feet
Taxes
$7,642.42 (2,025)
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Fireplace(s)

Exterior features

Brick
Mortgage & Affordability Estimate monthly costs
Purchase price$1,250,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Annex
City
Toronto
Postal code
M5R 2X8
Nearby
Cross Streets: Spadina Road & Dupont Street. ** Directions: West of Spadina Rd At Dupont St, Walmer Road Immediately South of Dupont St.