1131 Avenue Road
Yonge-Eglinton, Toronto, M5N 2E5
FOR SALE
$2,199,900
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8
BEDROOMS4
BATHROOMS4
KITCHENS20
ROOMSC12903004
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Property Description
Prime Avenue Road Fourplex Near Upcoming Subway! Rare opportunity to acquire a 4-unit property in a high-demand Avenue Road location, just steps to the new subway expansion. Ideal for investors or end-users looking for long-term upside. Property features one vacant unit-perfect for immediate occupancy or market rent-plus three tenanted units providing stable income. Building is tired and in need of updating, offering significant value-add and repositioning potential. Excellent candidate for: Renovation and rent lift multi-generational living Long-term hold in a rapidly improving transit corridor Seller may consider holding financing, adding flexibility for qualified buyers. Strong location, solid fundamentals, and clear upside-an opportunity to unlock value. Buyer/Buyer's Agent to verify zoning, uses, and measurements. NO VACANT POSSESSION
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Property Features
Library, Park, Public Transit, School, Other, Private, Living Room, Wood
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Property Details
Address
1131 Avenue Road
Community
City
Postal Code
M5N 2E5
Property Type
Multiplex, Multiplex
Zoning
R(f7.5;u2;d0.6*951)
Lot Size
43' x 116'
Acreage
4,639.2 Feet
Taxes
$9,826 (2025
Basement
Unfinished
Heat Type
Water
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Detached
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Listing contracted with Harvey Kalles Real Estate Ltd.
Act now, Spacious Four Plex In Demand Location Close To All Amenities, 70 By 120 Foot Lot, 4 Units, 4 car garage Plus 2 Additional Parking , Apartments Have Open Concept ,4 Kitchens, 4 bathrooms, Coin Operated Laundry, Income Statement Available , Rents Can Be Improved, Transit Nearby, Minutes To Downton, Must See Property .
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Profitable and Unheard of 4.25% Cap Rate in Toronto for this 4-Suite Multiplex - Investor Purchase Or Live in One Suite and Let the Other Three Pay Your Mortgage! Turn-key investment in Toronto's rapidly transforming Keelesdale neighbourhood. This fully occupied residential fourplex is ideal for house-hackers or investors seeking immediate cash flow. Property Highlights: Four upgraded units: Three 2-bedroom, 1-bath + one oversized 1-bedroom, 1-bathModern finishes throughout: stainless steel appliances, laminate flooring, upgraded quartz counters & backsplashes. Strong rental income potential: The Four suites generate $8,500+ monthly gross in today's rental market. Separate entrances and low-maintenance ownership. Prime Location:Steps to TTC transit, shops, restaurants. Perfect for quality tenants and future appreciation in this up-and-coming west-end pocket. Whether you want to live in one unit rent-free or add a solid cash-flowing asset to your portfolio, this multiplex delivers and is ready for immediate ownership.
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