133 Cowan Avenue
South Parkdale, Toronto, M6K 2N1
FOR SALE
$1,699,000
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3 + 1
BEDROOMS 4
BATHROOMS 2 + 1
KITCHENS 9 + 3
ROOMS W13076344
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Property Description
Rarely offered, fully renovated rowhouse duplex with accessory unit. Taken back to the studs in 2020, this turnkey legal property offers three self-contained suites, ideal for investors seeking stable returns, also for end users looking for a live-in, rent-out opportunity, significantly broadening buyer appeal. Thoughtfully designed for low-maintenance ownership, each unit features modern finishes, quality appliances, and private entrances. The upper two-level 2-bedroom + den suite is currently tenanted, along with the stylish main floor 1-bedroom offering a walkout to a private backyard. The lower-level 1-bedroom, currently owner-occupied, boasts high ceilings, two separate entrances, and a bright, contemporary layout. Includes one front pad parking space. Tucked away on a quiet street in South Parkdale, just steps to transit, parks, shops, and the Lake, this is a rare opportunity to own a fully renovated, income-generating property in a high-demand rental location.
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Nearby Intersections
Property Features
Public Transit, Rec./Commun.Centre, School, Fenced Yard, Hospital, Accessory Apartment, Separate Hydro Meter, Front Yard Parking, Smoke Detector, Carbon Monoxide Detectors
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Property Details
Address
133 Cowan Avenue
Community
City
Postal Code
M6K 2N1
Property Type
Duplex, Duplex
Lot Size
15' x 82'
Taxes
$7,677 (2025
Basement
Separate Entrance, Walk-Up, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
None
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Listing contracted with Real Estate Homeward
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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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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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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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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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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