730 Shaw Street
Palmerston-Little Italy, Toronto, M6G 3L7
FOR SALE
$2,590,000
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5
BEDROOMS 4
BATHROOMS 4
KITCHENS 10
ROOMS C13749978
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Property Description
Exceptional turnkey investment opportunity in Palmerston-Little Italy, one of Toronto's most vibrant and in-demand communities. Excellent income generator with potential for even more with existing parking and possible laneway suite (buyer to confirm). This extremely well-located and well-built legal fourplex offers four self-contained luxury apartments with separate entrances and large private balconies, high-end finishes and fixtures, solid hardwood floors, high ceilings and lots of natural light. Spacious, thoughtfully designed layouts. Each apartment features a full custom kitchen with a large island, premium granite countertops and full-size stainless-steel appliances, as well as an in-suite laundry, independent heating and air conditioning systems, soundproofing, intercom and more. The lower level has a heated floor system in addition to forced air heating and cooling. Each unit has separately metered gas and hydro and a rough-in for water metering. There is also a backyard with on-site parking. This property was completely gutted down to the double brick, and rebuilt all new with a large extension. Top-quality construction with long-term performance and style in mind. Steps to Bloor Street, two TTC Bloor line subway stations, multiple bus routes, Harbord St., College St, Annex, Little Italy, and Ossington Strip restaurants, shops, schools, parks, bike paths, museums and all amenities. Just minutes to the University of Toronto, University Health Network, Yorkville, and the Downtown Core, this is a great location for attracting quality tenants and securing long-term value. Ideal for investors, multi-generational living or as a private residence with a great source of income. A rare turnkey investment in one of Toronto's most coveted neighbourhoods!
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Nearby Intersections
Property Features
Carpet Free
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Property Details
Address
730 Shaw Street
Community
City
Postal Code
M6G 3L7
Property Type
Multiplex, Multiplex
Lot Size
20' x 122'
Taxes
$10,213 (2025
Basement
Apartment
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Right At Home Realty
A rare investment opportunity in the heart of Toronto's highly coveted Roncesvalles Village. Situated on a large lot, this detached multiplex is currently configured as five self-contained residential units, including a basement apartment, offering strong income potential in one of the city's most desirable west-end neighbourhoods. This beautifully renovated building features bright and inviting units throughout, complemented by professionally landscaped front and rear grounds, including a charming shared rear courtyard space. Additional basement storage space provides added convenience and utility. Ideally located just steps from Sorauren Park, vibrant cafés, acclaimed restaurants, boutique shopping, transit, and the renowned Roncesvalles retail strip. An exceptional opportunity to acquire a well-maintained multi-residential asset in a premier urban location with strong tenant appeal, stable income potential, and long-term upside.
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WATERFRONT Multiplex w/ 5 units - Overlooking Lake Ontario - This large purpose built building offers: approx. 2900 sq ft above grade plus 1000 sq ft mid grade - approx. 3900 sq ft of living space! 25ft of frontage on Lake Ontario, 2 car garage, 5 legal residential units (100% tenanted w/ 2 two-bedroom units on the street side & 3 one-bedroom plus den units overlooking Lake Ontario), 2 large balconies overlooking Lake, ground level terrace w/ walkout overlooking Lake, recent upgrades/renovations include concrete at main entrance '24, windows '23, electrical panels '23, EV charger '23, fire alarm upgrade '23, lockers '23, lower waterfront patio '21, roof & eaves 2019 & exterior railings '19. End user Potential to convert into a Modern Masterpiece! New Toronto on the Lake: Great shopping & restaurants, lakefront parks, public transit, lakefront trails... This is a rare offering w/ incredible views of Lake Ontario **EXTRAS** 5 Meters, 5 Fridges, 5 Stoves.
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The Ultimate Roncesvalles Investment - Prime Double Vacancy Opportunity! 132 Marion St offers a rare chance for seasoned investors or end-users looking to house-hack and subsidize their lifestyle. This legacy-held 5-plex features a spacious, freshly painted & refreshed 3-bedroom main floor unit (vacant!), plus a 2-bedroom unit turned over August 1st - giving you immediate double vacancy to set your own market rents or move right in! Note: Interior photos of the 3-bedroom and 2-bedroom units were taken prior to the previous tenants moving out. The 3-bedroom has since been freshly painted and touched up; the 2-bedroom has had cabinets replaced and repaired. A true "densification dream" under Toronto's 6-plex reforms, featuring a rare 4-car coach house and private driveway. Heavy lifting is complete with meticulous exterior & capital upgrades: Brand-New Roof ($66k, 2026), Fresh Paint ($13k, 2026), and Full Garage Renovation ($20k+, 2025). Interior provides a brilliant blank canvas to renovate to taste and unlock a projected ~$145k gross income - current listing price represents a 5% cap rate on conservative assumptions. See Schedule for full capex/reno history (~$166k invested) & financials!
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