132 Marion Street
Roncesvalles, Toronto, M6R 1E7
FOR SALE
$1,995,000
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6 + 1
BEDROOMS 5
BATHROOMS 4 + 1
KITCHENS 14 + 4
ROOMS W13682774
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Property Description
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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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2014-01-28 | 2014-02-21 | 24 | $1,350,000 | $1,275,000 |
| 2007-12-09 | 2008-01-09 | 31 | $999,000 | $990,000 |
Nearby Intersections
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School, Water Heater, Private, Irregular Lot
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Property Details
Address
132 Marion Street
Community
City
Postal Code
M6R 1E7
Property Type
Multiplex, Multiplex
Lot Size
36' x 133'
Taxes
$11,319 (2025
Basement
Finished with Walk-Out
Heat Type
Water
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
Detached
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Listing contracted with Royal Lepage Signature Realty
Exceptional Multiplex Investment Opportunity -Featuring 5 Renovated Units in a Solid Detached Brick Building - With Concrete Floors and Both Front and Rear Interior Staircases. Ideal for Investors as Well as Owner-Occupants Seeking Rental Income. - All Units Have Been Upgraded - All Separately Metered for Hydro - All Occupied by Great Tenants. Additional Features Include a Coin-Operated Laundry Room, Private Driveway, and Detached Garage with Potential for a Garden Suite (buyer to verify). Well Maintained, Shows Beautifully, and Currently Configured as a 5-unit Income Property.
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Amazing Investment Opportunity! Corner Lot With Residential And/Or Commercial Structure. Rare, Highly Desirable, Self-Managed, Well-Maintained Multi-Residential Investment Opportunity Comprising Of A 3-Story Building, Minutes To St. Clair Ave. This Incredible Investment Property Offers, 2/One Bdrm Apartments With 2 Beautiful Large Exterior Decks (2nd& 3rd Floor) With 3 Large Bachelor Suite On Main Fl, And 3 Bdrms On Lower Level. Potential Rental Income Of $$$+ Year. With Huge Side Yard Patio. Multiplex Was Made For Turnkey Investors With Low Maintenance, Owner Occupiers Alike. Min To Golf, Parks, Public Transit & Shops.
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