For Sale - 505 Parkside Drive, Toronto, Ontario

Est payment $10,559/mo
Views   1
Time on Jump  26 day
  • Turnkey property with 4 self-contained units in a desirable location.
  • Upgraded features including newer roofing, windows, and appliances.
  • Strong cap rate of 4.55% with stable market rents.
  • Just a 3-minute walk to Keele Subway Station for easy transit.
  • Close to local shops, cafés, and restaurants enhancing tenant appeal.



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. 55%**, 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.
Listing IDW13050314
Address505 Parkside Drive
CityToronto, Ontario
Price$2,199,000
Bed / Bath5 / 4 Full
Style2 1/2 Storey, Detached
ConstructionBrick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Carpet FreeAmenities Fenced Yard, Park, Public Transit, School, Library, HospitalOwnership FreeholdBasement ApartmentFoundation UnknownHeating / Cooling RadiantHeating Fuel GasSewer Sewer
Parking 1.00
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Listing Agency:  ROYAL LEPAGE TERREQUITY BESPOKE REALTY

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505 Parkside Drive
Toronto , Ontario
5 4 $2,199,000
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