121 Medland Street
Junction Area, Toronto, M6P 2N4
FOR SALE
$1,499,000
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5 + 1
BEDROOMS 4
BATHROOMS 3
KITCHENS 11 + 2
ROOMS W13615228
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Property Description
Situated on a mature tree lined street near High Park, The Junction, and Bloor West Village, this move in ready legal duplex offers exceptional versatility for end users, multigenerational families, or buyers looking to supplement their mortgage. Freshly painted in neutral tones throughout, the property features three distinct self contained suites, four washrooms across all levels, and dedicated laundry with updated machines for each unit.The spacious upper residence spans the second and third floors, featuring three bright bedrooms, two washrooms, plus a functional den ideal for a primary home, family living, or dedicated office space. The main floor unit offers a charming one bedroom layout with a full washroom and a direct walkout to a deep, tranquil backyard shaded by a lush tree canopy. Completing the layout is a fully self contained lower level apartment complete with its own kitchen and washroom, currently rented for an immediate and steady income stream.Exterior features include a durable metal roof and two legal rear parking spaces accessed via a shared laneway, with potential to legalize a third space at the front. Located steps from artisanal coffee shops, vibrant dining, local boutiques, and transit, this turn key property offers the perfect combination of space, lifestyle, and financial flexibility in a premier Toronto neighborhood.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2003-03-14 | 2003-03-25 | 11 | $369,900 | $365,000 |
| 2002-09-04 | 2002-09-11 | 7 | $365,000 | $355,000 |
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Property Features
[Water Heater]
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Property Details
Address
121 Medland Street
Community
City
Postal Code
M6P 2N4
Property Type
Duplex, Duplex
Lot Size
25' x 110'
Taxes
$7,865 (2025
Basement
[Separate Entrance, Finished with Walk-Out]
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Pool
[None]
Parking Spaces
2
Garage Type
None
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Listing contracted with Homelife/Miracle Realty Ltd
An excellent opportunity to acquire a well-performing multi-residential property in Toronto's evolving and highly desirable Oakwood Village neighbourhood. 279 Lauder Ave offers investors a stable, income-generating asset in a community experiencing strong rental demand and ongoing revitalization. This very well-managed property has been meticulously maintained by an experienced owner, reflecting pride of ownership and operational efficiency. Recent upgrades include all windows and blinds, exterior doors, driveway and parking areas, composite back deck, refreshed front deck, front stairs and railings, bathrooms, electrical panels, tankless water heater, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.83%**, with minimal need for repositioning.Tenants benefit from efficient floorplans and excellent transit access, with the St. Clair streetcar just an 8-minute walk away, connecting seamlessly across the city. The property is also steps from the lively St. Clair West corridor, known for its diverse mix of cafes, restaurants, and local shops, enhancing everyday convenience and lifestyle appeal.This well-managed asset reflects pride of ownership and long-term care, making it an ideal turnkey addition to any investment portfolio. With strong fundamentals, desirable location, and steady income, 279 Lauder Ave is positioned for continued tenant demand and future growth.
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This duplex was completely rebuilt in 2004 and features an addition. With nearly 4,000 square feet of living space, this property is ideal for multigenerational living, with separate apartments on the main and second floors. The recently finished basement has the potential to serve as a large apartment. There is also a dedicated laundry space and an oversized double garage.
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Positioned On A Premier Street In One Of Toronto's Most Resilient Rental Markets, This Beautifully Renovated 3 Unit Residential Property Offers A Premium Addition To Any Portfolio, Offered At A Stellar 5.7% Cap Rate, A Benchmark Return Increasingly Difficult To Find Within The City's Core. The Versatile Suite Mix Attracts High-Quality, Long-Term Tenants To Ensure Minimal Vacancy And Consistent Revenue, While Extensive Capital Improvements Mean The Heavy Lifting Has Already Been Done. Steps From Local Cafes, Transit, And Parks, This Highly Rentable Location Commands Premium Market Rates And Boasts A Low Turnover. Perfect For Any Investor Looking For Immediate Cash Flow And Effortless Management, This Property Delivers Stable, Predictable Returns From Day One.
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A Rare Opportunity To Own A Triplex @ Avenue/Eglinton. Fully Detached. Spacious Lot Featuring 30 FT Width and 115FT Depth. 4 Parking Spaces. Fully Tenanted - Rent Details Provided Upon Request. Well Cared For & Meticulously Maintained. Ideal For Owner Use and Rental, Multi-Generational Household or Real Estate Investor. Great Location - Minutes To Eglinton, Transit, Oriole Park, Restaurants & Shopping. The Basement Unit Includes 1 Bedroom, and 1 Bathroom. The main and second floor units feature 2 Bedrooms and 1 Bathroom.
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Investor Alert! Opportunity Knocks for End Users as well on this completely Gutted, Restored w/Addition & Recently Renovated Duplex w/a Basement Apt. Main & Upper Large 3 Bedroom Units Currently Leased at $3,300/mo & $3,000/month Respectively. Basement Suite $1,400/mo. Garage space $225/mo. Gross Annual Income $95k approx Expenses @ 6% approx.(Property Taxes & Insurance) & Tenants Pay Own Utilities. Working at a 5.6% CAP Rate! A Detached 2 Car Garage gives you the opportunity to Build a Laneway Suite(Owner has Drawings/Plans). Everything is 2 Years New Inside and Out! All New Stucco Exterior! All Units have their own Private Separate Entrances & In-Suite Laundry. The Main Floor Apartment is a New 892 sq ft - 3 Bedroom - 1.5 Baths with 2 Separate Entrances & access to Private Yard. The Upper Apartment is a new 889 sq ft - 3 Bedroom - 1.5 Baths. The Basement Apartment is a renovated 1 Bedroom -1 Bath Suite. Each Apartment has it's Own High Efficient Heating/Cooling Mini-Split Systems Separately Metered so each Tenant Pays their Own Per Use Hydro Bills! Water Utility is divided 3 ways (40-40-20). Detached 2 Car Garage Parking w/Laneway Access. The Property is Easy to Rent with TTC access a very short walk to St Clair West Streetcar which go direct to St Clair West & Yonge Subway Lines. A short drive to Highways 401/400. Walk to theStockyards Mall and Local Shops, Restaurants, Enjoy all Corso Italia & Junction Neighbourhood Amenities. Fantastic Opportunity to Grow your Real Estate Portfolio with a Legal Duplex w/3units & a Great R.O.I. Everything is Brand Spanking New Inside & Out!
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A Rare opportunity to own a Large Duplex on a 30' lot in a Highly Desirable Neighbourhood, directly across from a Beautiful Park and located in one of the area's Top-ranked School Districts. This Well-maintained Property features Two Oversized Units (almost 1300 sq ft) with Very Large principal rooms, Bright windows, and Functional layouts ideal for Families, Multi-generational living, or Great Rental Income. Rents Approx $3500 per each 2 bedroom unit and lower level aprox $2000. The 2nd floor unit is owner occupied which offers an ideal situation for a Buyer to receive full vacant possession! This Duplex offers Two Built-in Garages, very convenient. The Basement boasts 8 1/2ft tall ceilings and has Excellent Potential to be converted into an additional self-contained unit, creating even more living space or income opportunity. The Attic has Good Ceiling height, possibly a strong potential to be finished into additional living space, such as a bedroom, office, family room, or private retreat?Great Opportunity to add more usable space and value to the home. Seller had main, 2nd and attic insulated for comfort & energy efficiency. Seller upgraded from fuses to breakers. A Versatile Property in an Exceptional location with Strong Long-term Value and Endless Possibilities. Highly-Rated School District: John Ross Robertson PS, Lawrence Pk CI, Private Schools: Havergal College, UCC, TFS. Public Transit, TTC, Close to Yonge Subway line or Eglinton LRT, Easy access to Downtown & Highway 401.Walk to Shopping, Grocery Stores, Restaurants.
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Fully renovated duplex with flexible CRE (Commercial Residential Employment) zoning permitting residential, retail and office use. The property features 4 bedrooms, 3 bathrooms, 2 full kitchens, 2 laundries and 2 expansive decks across two-and-a-half floors, upper unit consists of 1126 sqft, lower unit 1098 sqft Both units are tenanted on a month-to-month basis. Freehold ownership in one of the city's most walkable pockets, all the space of a house with none of the monthly fees of a condo. Turnkey finishes throughout, minimal maintenance, exceptional location.
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Perfectly located on the superior side (East of Parliament) of Toronto's iconic Cabbagetown, this exquisite semi-detached character home offers a picturesque living experience akin to residing within a lush park. Surrounded by charming Victorian heritage homes, well-manicured lawns, whimsical laneways, parks & walking paths, you'll find peace & tranquility alongside hip restaurants & shops. Proper duplex with separate metering makes for a savvy investment opportunity with a net annual income of approx. $60k (gross $77k).Excellent opportunity to live in one unit & rent out the other for extra income. Upper level is vacant, while the main level is occupied by market rate tenants on a month-to-month basis, ensuring flexibility for the new owner to take full possession. Elegant interior is adorned with oak hardwood floors, crown mouldings & high ceilings create a warm & inviting ambiance, while newer kitchen features chic cupboards, stylish backsplash, granite countertops & stainless steel appliances. Breakfast/dining area is a true highlight overlooking a front porch which provides a delightful view of Wellesley St, perfect for enjoying morning coffee. The living area features a cozy built-in bench window bench. Walk-out to private backyard for outdoor relaxation & entertaining, while conveniently located main floor powder room is both stylish & functional. Oak staircase leads down to generously sized bedrooms. Lower level is a true retreat, showcasing high ceilings & spa-like 4-piece bathroom with marble, heated flooring for cozy comfort. Ample closet spaces in both rooms & separate laundry area. 2nd level apartment has 2 large bedrooms, 4pc washroom & modern kitchen combined with a living area that flows seamlessly to oversized New Orleans style balcony looking over the tree lined heritage district (grants available). Separate furnace, air conditioning and laundry for each unit. Easy access to highways & transit. Main Unit Photos Are Virtually Staged
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