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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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A rare legal 4 unit Victorian Home in one of Toronto's most walkable neighbourhoods - ideal for investors, owners seeking a mortgage helper, or multi generational living. This handsome 3 storey red brick home offers ~ 3,000 sq ft above grade, a generous 25 ft frontage, and four self contained apartments with updated electrical (4 isolated panels), new kitchen cabinets, new bathroom fixtures and vanities, and new flooring.The underpinned, unfinished basement with separate walk out provides excellent future potential for a 1000 sq ft 2 bedroom apartment with 8 ft ceilings.Two rear parking spaces add everyday convenience and strong rental appeal. Steps to U of T, transit, cafés, Chinatown, and Kensington Market - move in, rent out, or reimagine the space to suit your needs in a premier downtown location. 4 units | Updated electrical with 4 isolated panels | New kitchens & flooring | Underpinned basement with walk-out | Over 3,000 sq ft above grade | 25 ft frontage | Prime location.
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