189 Parkside Drive
High Park-Swansea, Toronto, M6R 2Z1
FOR SALE
$1,999,000
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5 + 1
BEDROOMS 4
BATHROOMS 3 + 1
KITCHENS 11 + 5
ROOMS W12970002
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Property Description
W O W !!! Heart Of High Park **** Legal Non Conforming 4 Unit Investment Property Overlooks High Park ** Private Drive With Parking In Rear *** Hardwood Floors *** Great Income ** Extras:4 Fridges, 4 Stoves, 1 Coin-Op Washer And Dryer, All Electrical Light Fixtures * Parking For 4 Cars *
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Nearby Intersections
Property Features
Fenced Yard, Park, Public Transit, None, Private
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Property Details
Address
189 Parkside Drive
Community
City
Postal Code
M6R 2Z1
Property Type
Fourplex, Fourplex
Lot Size
35' x 125'
Acreage
4,375.0 Feet
Taxes
$10,256 (2025
Basement
Finished, Separate Entrance
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Grange Hall Realty Inc.
Attention savvy investors and portfolio builders! Welcome to 33 Landour Ave, an exceptional, turn-key legal 4-plex meticulously engineered for zero operational maintenance, maximum tenant retention, and effortless hands-off management. Nestled in Toronto's high-demand Keelesdale community, this fully detached multiplex has been completely overhauled with pristine modern finishes and stands fully stabilized with high-quality tenants. Shifting from its previous misclassification as a standard residential home, this asset represents a pure commercial-grade investment pool opportunity. This property runs like an institutional net-lease asset; all signed lease agreements are legally structured so that the tenants pay 100% of the property utilities and handle all day-to-day property maintenance, including snow and grass removal. The building features four completely self-contained, light-filled units, each offering independent private entrances, separate in-suite laundry, open-concept layouts, and stainless-steel appliances. Stop chasing older multi-family properties burdened with hidden renovation debt, major capital expenditure projects, and utility expense leakage. Acquire a pristine asset backed by active warranties where the leases are signed and the yield is fully secured.
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Rare Investment & Development Opportunity in Prime Baby Point! Endless potential at Bloor & Jane, this prime 2-storey detached dwelling, includes your own private driveway with parking for up to 6 cars. Located on a quiet cul de sac and sits on an exceptionally rare 50 x 100-foot lot in one of West Toronto's most coveted enclaves. A rare canvas for builders, investors, and visionaries alike, this property offers versatility in an unbeatable location. Currently structured as a legal 4-plex featuring four 1 bedroom apartments. The existing building requires restoration, offering a blank slate for your next project. Such as renovating as a prime income property by fully restoring and upgrading the existing legal 4-plex to capitalize on Toronto's high-demand rental market. Restore to a single family residence by converting the existing 2 storey structure back into a custom single family dream home surrounded by mature trees and executive properties. Severe and rebuild by demolishing the current dwelling on the generous 50-foot wide lot into two distinct parcels, and construct two brand-new, modern 2 storey luxury homes. Nestled just steps from Jane Subway Station, the vibrant shops and dining of Bloor West Village, local schools, Lessard Park, Etienne Brûlé Park, and the scenic Humber River trails. Properties offering this scale of lot width and development flexibility in Baby Point are exceptionally rare. Bring your contractor, architect, and vision to realize the immense upside this prestigious address holds! Please see attachment for the the video.
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Pride of ownership for over 50 years. Within the last five years all of the heavy lifting has been done! Three out of the four units have been renovated with in suite laundry, new kitchens, appliances and washrooms. The most recent renovated unit has a heat/cool wall pack. There is a potential to add a lower level one bedroom suite. Roof replaced in 2021 as well as five new hot water tanks! In 2024 $50,000 was spent on waterproofing and new weeping tiles around building, new retaining wall and entirely paved! Three built in garages with separate rent and three outdoor parking spots. Minutes to Mimico Go. Please enjoy the enclosed virtual tour to view suites and lower level.
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