13 Spencer Avenue
South Parkdale, Toronto, M6K 2J4
FOR SALE
$1,650,000
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5 + 2
BEDROOMS 6
BATHROOMS 2 + 1
KITCHENS 11 + 4
ROOMS W13757126
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Property Description
Exceptional Investment & Multi-Generational Opportunity Steps From Liberty VillageAn incredible opportunity to own approximately 3,500 sq. ft. of beautifully renovatedVictorian living space in one of Toronto's most convenient downtown-west locations.Currently configured as a legal duplex, 13 Spencer Ave offers an impressive 7 bedrooms, 6bathrooms, two designer kitchens and expansive living spaces highlighted by soaring ceilings,exposed brick, quartz finishes and spa-inspired bathrooms.The walk-out basement with separate entrance offers additional flexibility and future incomepotential, while multiple laundry setups make the property exceptionally functional forinvestors, extended families or those looking to live in one portion of the home whilegenerating income from the other.Outside, enjoy an incredible approximately 300 sq. ft. rooftop terrace, along with the rareconvenience of 4 covered parking spaces.With its combination of size, income potential, high-end finishes and versatility, this is anopportunity that is increasingly difficult to replicate this close to downtown Toronto.Perfect for an investor, multi-generational family, or end user looking to offset theircarrying costs while building long-term equity.
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Nearby Intersections
Property Features
Other, Lane
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Property Details
Address
13 Spencer Avenue
Community
City
Postal Code
M6K 2J4
Property Type
Duplex, Duplex
Lot Size
17' x 120'
Taxes
$10,123 (2025
Basement
Apartment, Walk-Up
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Re/Max Professionals Sidorova Inwood Realty
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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Exceptional investment opportunity! This well-maintained legal duplex offers 4 self-contained residential units and will be delivered with vacant possession, making it an ideal opportunity for investors or owner-occupants. The property features two spacious upper units, each offering 3 bedrooms and 1.5 bathrooms, along with two lower-level 1-bedroom, 1-bathroom units. Clean, modern, and move-in ready, this turnkey property has been meticulously maintained and offers excellent flexibility for multi-generational living or generating rental income. Enjoy an expansive driveway with parking for up to 12 vehicles and a prime location close to major highways, public transit, schools, parks, shopping, restaurants, and everyday amenities. A rare opportunity to own a versatile, income-producing property in a highly convenient location.
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