
Listed For $1,995,000
Added 1 month ago
2024 Square Feet
Investment
$7,688 Tax / yr
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Bedrooms
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Bathrooms
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Garages
2024
Square Feet
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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 conv
Census area 35201405; area-wide figures, not facts about this home.
Adapted from Statistics Canada, 2021 Census of Population, Census Profile, 2021. This does not constitute an endorsement by Statistics Canada of this product.