victorian house with brick siding Features: electric meter, brick siding, stone siding, balcony, stoop More Photos

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    For Sale - 85 Walmer Road, Toronto, Ontario

    Est payment $11,164/mo
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    Views   6
    Time on Jump  55 day

    AI Summary *

    • Five-unit semi-detached property with unique features and great location.
    • Legal four-plex plus non-conforming lower suite offers diverse rental options.
    • Spacious units, including a large main floor parlour and generous third floor.
    • Strong rental potential in a desirable area near universities and transit.
    • Ideal for investors, owner-occupiers, or future single-family redevelopment plans.




    A five-unit annex semi detached property with the kind of envelope and location that is not being built at today's replacement cost. Legal four-plex above grade plus a legal non-conforming lower suite across 5,225+ sq. Ft. On walmer road, one of the most tenured income streets in central toronto. In-place rents sit well below current annex benchmarks. Income reflects long-tenured tenancies rather than today's market. The unit mix is differentiated - not five interchangeable bachelors. Unit 2 on the main floor is a 1,396 sq. Ft. Parlour-floor residence with a 21-foot living room, fireplace, oversized kitchen, and a 17-foot principal bedroom. Unit 5 on the third floor (1,171 sq. Ft.) is configured with two kitchens, two four-piece baths, two primary bedrooms, an office, and a dining room - lives as one generous suite today. Unit 4 (758 sq. Ft.) has a four-piece ensuite, walk-in closet, and living space. Unit 3 (710 sq. Ft.) is a full one-bedroom with fireplace, kitchen, and dining. Unit 1 in the lower level (1,191 sq. Ft., legal non-conforming) reads as a proper apartment: one-bedroom plus 15-foot den, full kitchen, three-piece bath, and private utility room. Three distinct buyer paths converge here. For the investor, five legal income streams on a single folio, a demand floor set by u of t, downtown professionals, and the dupont / spadina subway corridor. For the owner-investor - multiple units are suitable and are amongst the most substantial owner's suites found inside a purpose-built annex income property; live in it and let the other four units carry the debt while optionality is preserved. For the long-view buyer planning a single-family reversion - 5,225+ sq. Ft. Of interior envelope is a credible footprint for a top-of-market annex restoration, and the existing plumbing stacks, kitchens, and floor plates make either path possible without starting from zero. Walking distance to bloor street, casa loma, the university of toronto, and the spadina subway line.
    Listing IDC13021728
    Address85 Walmer Road
    CityToronto, Ontario
    Price$2,324,900
    Bed / Bath8 / 6 Full
    Style2 1/2 Storey, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features OtherOwnership FreeholdBasement ApartmentFoundation StoneHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  BOSLEY REAL ESTATE LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    85 Walmer Road
    Toronto , Ontario
    8 6 $2,324,900
    Get more info