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7 + 1
BEDROOMS 6
BATHROOMS 5 + 1
KITCHENS 12 + 2
ROOMS C13435700
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Property Description
Experience a distinctive piece of Toronto's architectural history. This Victorian three-story property is located in the sought-after Cabbagetown neighbourhood and offers excellent investment appeal. The building features six fully renovated, self-contained units, all currently operational and income producing. Two rear-laneway parking spaces-with the potential to be converted into four tandem spaces-provide added convenience and future upside, including the opportunity to develop a laneway suite (see attachment). All mechanical systems, electrical, and plumbing have been upgraded for efficient, dependable performance. Showcasing classic Victorian character alongside thoughtful modern enhancements, this property stands out as a compelling income-generating asset.
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Nearby Intersections
Property Features
None, Private Double
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Property Details
Address
414 Dundas Street
Community
City
Postal Code
M5A 2A8
Property Type
Multiplex, Multiplex
Zoning
Zoning: CR1.5(c1;r1*2389)
Lot Size
22' x 132'
Taxes
$9,253 (2025
Basement
Walk-Out, Apartment
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Re/Max Hallmark Realty Ltd.
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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