$2,199,000
23.61 BTC
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505 Parkside Drive, Toronto
$2,199,000
PRICE
5
BEDROOMS
4
BATHROOMS
W13050314
MLSID

505 Parkside Drive, Toronto

Discover an exceptional investment opportunity in one of Toronto's most desirable west-end locations. 505 Parkside Dr is a turnkey, upgraded property with 4 self-contained units, situated directly across from High Park and steps away from Keele TTC station. This property has been meticulously maintained by an experienced owner, ensuring operational efficiency and long-term stability. Recent upgrades include newer roofing, eavestroughs, downspouts and fascia, windows and blinds, vinyl flooring, 200 Amp electrical panel, tankless water heater, sump pumps (2), radiators, interior doors, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.55%**, with minimal need for repositioning.Tenants benefit from efficient floorplans, outstanding convenience, and lifestyle appeal. The property is just a 3-minute walk to Keele Subway Station and only 15 minutes to the UP Express, ensuring seamless access to downtown and beyond. Steps from the lively Roncesvalles Village, residents have access to some of the city's best cafés, restaurants, and local shops, further enhancing tenant appeal and retention.A rare opportunity to acquire a turn-key asset in a premier west-end location with stable income, strong fundamentals, and enduring demand.
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Summary

Address
505 Parkside Drive
MLSID
W13050314
Property Type
Detached
Property Category
Bedrooms
5
Bathrooms
4
Kitchens
4
Taxes (Annual)
$7,555.95
Tax Year
2025
Published
April 27, 2026
Days on Market
27 Days
Possession Type
Flexible
Possession Details
30/60/Tba
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Inclusions

4 Stoves, 4 Fridges, 3 B/I Dishwashers, 2 Washers, 2 Dryers. See feature sheet /schedule C for more.

Exclusions

None

Details

Property Features
Fenced Yard, Park, Public Transit, School, Library, Hospital
Bathroom 1
4-Piece Basement Level
Bathroom 2
4-Piece Ground Level
Bathroom 3
4-Piece Second Level
Bathroom 4
3-Piece Third Level
Basement
Apartment
Interior Features
Carpet Free
Parking Spaces
1
Parking Total
1
Parking Features
Right Of Way
Architectural Style
2 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
24 Feet
Lot Depth
100 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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