view of front of house with brick siding, covered porch, a chimney, and a front lawn Features: porch, lawn, brick siding, stairs, shake shingle siding, gutters, chimney, downspout

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view of front of property with a chimney, a front yard, brick siding, and a porch Features: shake shingle siding, lawn, brick siding, chimney, porch, french doors

entrance to property featuring a porch and brick siding Features: brick siding, porch

bedroom with light wood-style flooring, ornamental molding, and an office area Features: drywall, crown molding, office area, wood finish floor, natural light

bedroom featuring wood finished floors Features: drywall, wood finish floor, tv, natural light

living room featuring wood finished floors, a mini split for heating / cooling, and recessed lighting Features: drywall, wood finish floor, tv, smoke carbon monoxide detector, natural light, wall mounted ac, recessed lighting, baseboards wall

dining space with light wood-style flooring and recessed lighting Features: natural light, wall mounted ac, baseboards wall, drywall, recessed lighting, wood finish floor

laundry area featuring stacked washer / dryer and light wood-style flooring Features: laundry, wood finish floor, drywall, baseboards wall, stacked washer dryer

full bath featuring vanity, tile walls, light tile patterned floors, and shower / tub combo with curtain Features: sink, tile floor, combined bath shower, tile wall, toilet, full bathroom, mirror, backsplash, vanity

kitchen featuring stainless steel appliances, light wood-type flooring, white cabinets, wood counters, and ventilation hood Features: natural light, recessed lighting, baseboards wall, drywall, white cabinets, microwave, refrigerator, wood finish floor, range hood, range oven, butcher block countertops

kitchen with white cabinets, butcher block countertops, light wood finished floors, recessed lighting, and radiator Features: recessed lighting, drywall, backsplash, wood finish floor, white cabinets, butcher block countertops, radiator, baseboards wall, natural light

bedroom with light wood-type flooring and radiator heating unit Features: drywall, wood finish floor, natural light, vaulted ceiling, cathedral ceiling, bonus room, low ceiling, tv, radiator, baseboards wall

bedroom featuring light wood-style flooring Features: drywall, wood finish floor, smoke carbon monoxide detector, tv, bonus room, vaulted ceiling, low ceiling, cathedral ceiling, baseboards wall

kitchen featuring white cabinets, stainless steel appliances, backsplash, lofted ceiling, and light wood-type flooring Features: butcher block countertops, white cabinets, sink, vaulted ceiling, range oven, flat panel cabinets, backsplash, open shelves, wood finish floor, drywall, refrigerator

kitchen with white cabinets, stainless steel appliances, light wood-style floors, dark countertops, and recessed lighting Features: sink, white cabinets, countertops, backsplash, wood finish floor, flat panel cabinets, refrigerator, drywall, open shelves, range hood, natural light, vaulted ceiling, range oven, recessed lighting

bathroom featuring vanity, lofted ceiling, and a shower stall Features: full bathroom, vanity, mirror, sink, vaulted ceiling, drywall, shower, toilet, low ceiling

full bathroom featuring vaulted ceiling and a shower stall Features: drywall, shower, vaulted ceiling, full bathroom

living area with wood finished floors Features: fireplace, wood finish floor, natural light, drywall

living room featuring dark wood-type flooring Features: drywall, fireplace, wood finish floor, natural light, tv

bedroom with a mini split for heating / cooling, light colored carpet, and beam ceiling Features: beamed ceiling, natural light, carpet, crown molding, tv, drywall, wall mounted ac

entrance foyer with dark wood-type flooring and baseboards Features: drywall, baseboards wall, wood finish floor, natural light

full bathroom with vanity, curtained shower, and light tile patterned floors Features: full bathroom, shower, baseboards wall, sink, tile floor, vent, vanity, toilet, drywall, mirror

kitchen featuring a breakfast bar, freestanding refrigerator, dark wood finished floors, light stone counters, and recessed lighting Features: drywall, refrigerator, kitchen bar, recessed lighting, open shelves, natural light, stone countertops, kitchen peninsula, medium brown cabinets, wood finish floor

kitchen featuring stainless steel appliances, light stone counters, wood finish cabinets, and decorative backsplash Features: medium brown cabinets, wood finish floor, shaker cabinets, dishwasher, crown molding cabinets, range hood, backsplash, natural light, stone countertops, range oven, recessed lighting, sink, drywall, refrigerator

kitchen featuring freestanding refrigerator, light wood finished floors, recessed lighting, dark wood finish cabinetry, and radiator Features: kitchen peninsula, wood finish floor, drywall, natural light, recessed lighting, radiator, baseboards wall, kitchen island, dark brown cabinets, refrigerator, stone countertops

kitchen with light stone counters, stainless steel gas range, dark wood-type flooring, backsplash, and recessed lighting Features: backsplash, crown molding cabinets, stone countertops, wood finish floor, microwave, shaker cabinets, open shelves, recessed lighting, medium brown cabinets, drywall, range oven

living area featuring dark wood-style floors and a fireplace Features: wood finish floor, baseboards wall, drywall, tv, fireplace

laundry room with washer and clothes dryer and cabinet space Features: laundry, separate washer dryer, basement

kitchen featuring stainless steel appliances, light tile patterned floors, an office area, recessed lighting, and wood finish cabinetry Features: recessed lighting, medium brown cabinets, shaker cabinets, range oven, refrigerator, dishwasher, open shelves, butcher block countertops, tile floor, tv, drywall, sink, office area

office with recessed lighting and a sink Features: sink, tv, drywall, refrigerator, range oven, recessed lighting, microwave, range hood

kitchen featuring stainless steel appliances, recessed lighting, wood finish cabinetry, light tile patterned floors, and dark countertops Features: shaker cabinets, range hood, recessed lighting, dishwasher, tile floor, range oven, medium brown cabinets, refrigerator, microwave, countertops, drywall, sink

office space featuring light tile patterned floors and recessed lighting Features: tile floor, recessed lighting, baseboards wall, tv, drywall, office area

bathroom with vanity, recessed lighting, light tile patterned flooring, and tiled shower / bath Features: baseboards wall, recessed lighting, drywall, mirror, tile floor, vanity, sink, toilet, combined bath shower, full bathroom

view of bedroom Features: natural light, drywall

fenced backyard with a patio and grilling area Features: grill, fence, patio, apartment complex view, fire pit

rear view of house with a patio area, brick siding, a fenced backyard, and a deck Features: fence, deck, gutters, downspout, stairs, grill, brick siding, horizontal siding, patio

rear view of property with brick siding, a fenced backyard, and a deck Features: patio, grill, stairs, horizontal siding, brick siding, concrete foundation, fence, deck

view of wooden terrace Features: deck, fence

view of wooden deck Features: grill, fence, deck

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For Sale - 505 Parkside Drive, Toronto, Ontario

505 Parkside Drive

Toronto , Ontario

5 4 $2,049,000

Est payment $9,839/mo

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Time on Jump 131 day

AI Summary *

Turnkey property with 4 self-contained units ready for immediate rental.
Upgraded amenities including new roofing, windows, and modern appliances.
High Park and Keele TTC station just steps away for great access.
Strong investment with a cap rate of 4.85% and market-level rents.
Proximity to Roncesvalles Village with vibrant shops and dining options.

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Purchase Price

Term

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Down Payment:
$ 102,450 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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. 85%**, 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$2,049,000

Bed / Bath5 / 4 Full

Style2 1/2 Storey, Detached

ConstructionBrick

TypeResidential

StatusFor Sale

Extras

Subtype DetachedIndoor Features Carpet FreeAmenities Fenced Yard, Park, Public Transit, School, Library, HospitalOwnership FreeholdBasement ApartmentFoundation UnknownHeating / Cooling RadiantHeating Fuel GasSewer Sewer

Market Info

Parking 1.00

Listing Agency:
ROYAL LEPAGE TERREQUITY BESPOKE REALTY

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Listing Agency:
ROYAL LEPAGE TERREQUITY BESPOKE REALTY

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For Sale - 505 Parkside Drive, Toronto, Ontario

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