85 Walmer RD, Toronto C02, ON M5R 2X6
85 Walmer RD, Toronto C02, ON M5R 2X6
85 Walmer RD, Toronto C02, ON M5R 2X6
85 Walmer RD, Toronto C02, ON M5R 2X6
85 Walmer RD, Toronto C02, ON M5R 2X6
85 Walmer RD, Toronto C02, ON M5R 2X6
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Andrew Cigna

Andrew Cigna

+1(416) 885-8557
$ 2,324,900
Est. payment | /mo

8 Beds

6 Baths

Save
$ 2,324,900
Est. payment | /mo
Save

8 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Municipality Toronto C02

Subdivision Annex

MLS Listing ID C13021728

Style 2 1/2 Storey

Bedrooms 8

Annual Tax Amount $12,555

Tax Year 2026

Property Sub-Type Fourplex

Property Description

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.

Location

Province ON

County Toronto

Community Toronto C02

Area Toronto

Rooms

Family Room No

Basement Apartment

Kitchen 6

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 3.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 29.83

Lot Depth 127.67

Total Parking Spaces 5

Building

Building Age 100+

Foundation Stone

Others

ParcelsYN No

Listed by BOSLEY REAL ESTATE LTD.

Nearby Locations

Andrew Cigna

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 885-8557

andrew@theaboveallgroup.com

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85 Walmer RD