Toronto Multi-Family Properties for Sale

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Multi-Family for sale: 6 LAKE SHORE DRIVE, Toronto

38 photos

$2,600,000

6 Lake Shore Drive, Toronto (New Toronto), Ontario M8V 1Z1

0 beds
6 baths
43 days

Lake Shore Dr/ First Located on a quiet cul de sac across the road from the Lake in New Toronto. A well-managed and maintained sixplex with two 2-bedroom units and four 3-bedroom units. There are 7 surface parking spaces, separate hydro meters, coin-op laundry, Upgraded gas boiler, and windows.

Other for sale: 46 TWENTY SECOND STREET W, Toronto

37 photos

$3,499,000

46 Twenty Second Street W, Toronto (New Toronto), Ontario M8V 3M1

14 beds
10 baths
226 days

Kipling Ave & Birmingham St Discover this incredible investment opportunity: a stunning 10-plex with 80% of the units fully professionally renovated. Located within walking distance to Humber College, this property is situated in a highly desirable area with a strong demand for rental apartments.The

House for sale: 55 THIRD STREET, Toronto

41 photos

$1,349,900

55 Third Street, Toronto (New Toronto), Ontario M8V 2X7

3 beds
2 baths
11 days

Islington / South Of Lakeshore Looking for the peace of mind that comes with a turnkey home, in a family friendly neighbourhood, steps to parks and schools, and easy day to day amenities and transit? Well look no further - Welcome to 55 Third Street! Located in a quiet pocket of New Toronto,

House for sale: 26 SEVENTEENTH STREET, Toronto

31 photos

$1,549,000

26 Seventeenth Street, Toronto (New Toronto), Ontario M8V 3K3

4 beds
4 baths
16 days

Kipling Ave., & Lake Shore Blvd. W. Welcome To 26 Seventeenth St - A Recently Renovated, Move-In Ready Detached Home Located Just Steps Away From Humber College, Lake Ontario, Walking Trails, Parks & All The Amenities South Etobicoke Has To Offer. This Charming Home Has Been Meticulously Renovated

House for sale: 40 SIXTH STREET, Toronto

40 photos

$2,699,000

40 Sixth Street, Toronto (New Toronto), Ontario M8V 3A2

5 beds
5 baths
8 days

Lakeshore Blvd W/Sixth St Introducing this modern custom-built architectural gem nestled in the vibrant community of New Toronto.This residence boasts a sleek minimalist facade that exudes sophistication,making a bold statement across its approx.4000 sq. ft. living space.Step inside to find

Multi-Family for sale: 1741 BAYVIEW AVENUE, Toronto

1 photos

$9,500,000

1741 Bayview Avenue, Toronto (Mount Pleasant East), Ontario M4G 3C5

0 beds
26 baths
53 days

Eglinton/Bayview Client Remarks26 UNIT MULTI-RESIDENTIAL BUILDING FOR SALE IN THE BAYVIEW / LEASIDE NEIGHBOURHOOD. Located just one block South of the new Metro Linx Bayview / Eglinton stop. Fully leased with a waiting list. Great upside potential and redevelopment opportunity. VTB Financing

Multi-Family for sale: 1 MAYNARD AVENUE S, Toronto

15 photos

$2,725,000

1 Maynard Avenue S, Toronto (South Parkdale), Ontario M6K 2Z7

5 beds
1 baths
191 days

King St West & Jameson Ave MULTI SUITE INVESTMENTOLD WORLD ELEGANCE COMBINED WITH MODERN UPDATED LIVING AT KING ST WEST & JAMESON AVE. 3500 Ft of fully updated suites on 4 floors. 9 ft. Ceilings, Hardwood Floors, Pot lights, Balconies & decks, Individual wall mounted HVAC units, 200A electrical,

Multi-Family for sale: 110 WALMER ROAD, Toronto

33 photos

$2,950,000

110 Walmer Road, Toronto (Annex), Ontario M5R 2X7

0 beds
0 baths
8 days

Walmer & Bernard 110 Walmer Road presents a rare opportunity to asquire a 10-unit multi-family investment property in the heart of the Annex, one of Toronto's most prestigious and vibrant neighbourhoods. Situated on a generous 50x127 ft lot, this well-maintained property offers a diverse unit

Multi-Family for sale: 156 BARRINGTON AVENUE, Toronto

17 photos

$5,399,888

156 Barrington Avenue, Toronto (Crescent Town), Ontario M4C 4Z2

0 beds
0 baths
106 days

Danforth & Main St This exclusive 12-unit apartment building in Torontos East End offers a high-yield investment with a 2023 net operating income of $313,042 and a 5.8% cap rate. With 1 bachelor unit and 11 two-bedroom units, this 3-storey walk-up features intercom access, coin-operated laundry,

Multi-Family for sale: 197 PARK LAWN ROAD, Toronto

40 photos

$1,590,000

197 Park Lawn Road, Toronto (Stonegate-Queensway), Ontario M8Y 3J3

0 beds
5 baths
17 days

Park Lawn & Queensway Just Steps to Swansea, Sunnylea, and the Stunning Shores of Lake Ontario! An Exceptional Income Opportunity Awaits. This Remarkable Property Features Four Self-Contained Units: Top Floor: A Chic 2-Bedroom Suite with a Cozy Fireplace, Sleek Stainless Steel Appliances, a

Multi-Family for sale: 302 SPADINA AVENUE, Toronto

4 photos

$15,000,000

302 Spadina Avenue, Toronto (Kensington-Chinatown), Ontario M5T 2E7

0 beds
0 baths
65 days

Spadina Ave / Dundas Street West Discover 302 Spadina Ave, a remarkable investment opportunity located in the heart of Toronto's dynamic Chinatown! This exceptional property is perfect for investors, business owners, and developers eager to take advantage of a high-traffic, centrally located

Multi-Family for sale: 8 LAKE SHORE DRIVE, Toronto

27 photos

$2,900,000

8 Lake Shore Drive, Toronto (Mimico), Ontario M8V 1Z1

0 beds
11 baths
43 days

Lake Shore Dr/ First Located on a quiet cul de sac, across the road from the Lake in New Toronto. A great investment opportunity in a well-managed and maintained 11-unit building, with six 2-bedroom units and five 1-bedroom units. There are 7 surface parking units, coin-op laundry, and separate

Multi-Family for sale: 269 LESLIE STREET, Toronto

8 photos

$2,696,000

269 Leslie Street, Toronto (South Riverdale), Ontario M4M 3C8

0 beds
7 baths
81 days

N of Dundas, S of Gerrard Great opportunity to live and rent or just as a total investment property. Top floor is a 3-bedroom unit. Second floor is a 3-bedroom unit with possible alterations. Main floor is a 2-bedroom unit. And the lower unit is a 1-bedroom unit with possibilities to change

Multi-Family for sale: 1384 KING STREET W, Toronto

1 photos

$5,500,000

1384 King Street W, Toronto (South Parkdale), Ontario M6K 1H5

0 beds
0 baths
53 days

AT CLOSE AVENUE 18 UNIT BUILDING - 6 x Bachelor 6 x 1-Bedroom 6 x 2-Bedroom WELL MAINTAINED BUILDING - 3 STOREY - OFFERING GREAT UPSIDE POTENTIAL * TRANSIT AT DOOR * **EXTRAS** FULLY LEASED WITH WAITING LIST - VTB POSSIBLE - APPRAISAL ATTACHED - MANY UPGRADES - EASY TO MANAGE - GOOD CURB APPEAL

Multi-Family for sale: 58 GARTHDALE COURT N, Toronto

24 photos

$1,480,000

58 Garthdale Court N, Toronto (Bathurst Manor), Ontario M3H 5P9

0 beds
0 baths
3 days

Wilmington / Overbrook Exceptional 8-unit multi-residential investment in the heart of Bathurst Manor! This well-maintained income property offers strong rental potential with landlord-paid utilities and internet. 8 Units, 8 Kitchens, 8 Bathrooms. Unit Breakdown: (2) 3-Bedroom Units; (2)

Multi-Family for sale: 414 DUNDAS STREET E, Toronto

36 photos

$2,325,000

414 Dundas Street E, Toronto (Moss Park), Ontario M5A 2A8

0 beds
0 baths
40 days

Dundas St E & Berkeley St Step into a piece of Toronto's history - This Victorian 3 story is nestled in the vibrant enclave of Cabbagetown and offers five unique self contained units but also presents an exciting opportunity for expansion with the potential for a sixth income generating unit

Multi-Family for sale: 1061 BATHURST STREET, Toronto

29 photos

$2,799,888

1061 Bathurst Street, Toronto (Annex), Ontario M5R 3G8

0 beds
4 baths
6 days

South Of Dupont On Bathurst St East Side *An Incredible Investment Opportunity In The Heart Of Toronto! Built In 1986, This 4-unitdetached Property Is Perfectly Positioned Near All The Amenities The Tenants Currently Enjoy Including Restaurants, Top Schools Like Palmerston P.s., Hillcrest P.s.,

Multi-Family for sale: 60 GARTHDALE COURT N, Toronto

24 photos

$1,480,000

60 Garthdale Court N, Toronto (Bathurst Manor), Ontario M3H 5P9

0 beds
0 baths
3 days

Wilmington / Overbrook Amazing 6-unit multi-residential investment in the heart of Bathurst Manor! This 3-storey triplex offers strong rental income potential with landlord-paid utilities and internet. 6 Units, 6 Kitchens, 6 Bathrooms. Unit Breakdown: (2) 3-Bedroom Units; (3) 1-Bedroom Units;

Multi-Family for sale: 577 HURON STREET, Toronto

26 photos

$2,795,800

577 Huron Street, Toronto (Annex), Ontario M5R 2R6

0 beds
5 baths
78 days

St George Street & Bloor Street West Nestled in the vibrant heart of the Annex, 577 Huron Street is a rare gem. This detached property offers a unique opportunity for savvy buyers and developers alike. It can be purchased on its own or together with the adjacent 575 Huron Street, which is also

Multi-Family for sale: 1925 LAWRENCE AVENUE W, Toronto

18 photos

$5,225,000

1925 Lawrence Avenue W, Toronto (Weston), Ontario M9N 1G8

0 beds
12 baths
24 days

Lawrence Avenue West & Jane Street Take advantage of CMHC multifamily financing offering assumable 50 year amortized mortgage, estimated 81% loan-to-value and 3.8% rate. This brand new legal 8 unit project offers estimated gross rents of $259,200 per year. The property features eight separately

Multi-Family for sale: 30 LANSDOWNE AVENUE, Toronto

19 photos

$1,999,900

30 Lansdowne Avenue, Toronto (Roncesvalles), Ontario M6K 2V8

0 beds
0 baths
124 days

Queen St & Lansdowne Ave Great Location. Great Investment Opportunity In Roncesvalles Area. 11 Unit Apartment (3 One Bedroom/8 Studio). High Demand Area. Great Long Term Tenants. Most Units Updated, Recently Updated Exterior. Close To All Amenities. Great Walking Score. **EXTRAS** Extras Include

Multi-Family for sale: 218 JANE STREET, Toronto

9 photos

$3,500,000

218 Jane Street, Toronto (Lambton Baby Point), Ontario M6S 3Y9

0 beds
0 baths
92 days

Jane St and Bloor West Professionally designed custom built corner building high end triplex +1 commercial office unit in the Baby Point area. Separate entrances to all units and separately metered. Advance smart home technology in prime location walking distance to Jane Subway and Bloor West

Multi-Family for sale: 177 CARLTON STREET, Toronto

40 photos

$2,499,000

177 Carlton Street, Toronto (Moss Park), Ontario M5A 2K3

0 beds
12 baths
40 days

Carlton St & Sherbourne St Legal 11 Unit Multiplex located in Cabbagetown - mixed use residential/commercial - All 11 units are Self Contained, Individually Metered and legal. 8 self contained Bachelor Apartment's with 1/2 story loft style bedrooms & 3 One Bedroom suites - Incredible Opportunity

Multi-Family for sale: 29 LOVE CRESCENT, Toronto

40 photos

$1,650,000

29 Love Crescent, Toronto (East End-Danforth), Ontario M4E 1V6

0 beds
3 baths
35 days

Woodbine & Kingston Welcome to the Beautiful Upper Beaches Neighbourhood! This is an absolutely fantastic opportunity to own a great income property in this wonderful location, where properties rarely come up for sale. The property: three self contained residential units with two-car garage

Multi-Family for sale: 139 MANOR ROAD E, Toronto

36 photos

$1,899,900

139 Manor Road E, Toronto (Mount Pleasant West), Ontario M4S 1R7

0 beds
0 baths
2 days

Yonge St and Manor Rd E Mt Pleasant/Eglinton Detached three-unit property! An exceptional investment opportunity! This large, well-maintained triplex is ideally situated near top-rated schools, shopping, parks, and the new Eglinton Crosstown transit line. Fully rented with spacious layouts,

Multi-Family for sale: 725 DOVERCOURT ROAD, Toronto

40 photos

$1,799,900

725 Dovercourt Road, Toronto (Palmerston-Little Italy), Ontario M6H 2W7

0 beds
0 baths
95 days

Bloor /Dovercourt The perfect opportunity for investors and users to invest in a corner gem situated in Little Italy. This professionally maintained mixed-used building incl 1 com unit and 4 rooms apart. The main-level commercial space offers one storefront with excellent corner exposure and

Multi-Family for sale: 31 TYNDALL AVENUE, Toronto

40 photos

$2,200,000

31 Tyndall Avenue, Toronto (South Parkdale), Ontario M6K 2E9

0 beds
4 baths
78 days

King & Tyndall Great Opportunity To Own Gorgeous Fully Renovated Good Income Investment Property Triplex+1(Basement), ""Edwardian House"" Located At Desirable South Parkdale Area, South Of King And West Of Dufferin, 10 Mins To Downtown Core, Steps Away From TTC, The Ex, Liberty Village, Waterfront,

Multi-Family for sale: 1774 EGLINTON AVENUE W, Toronto

28 photos

$1,950,000

1774 Eglinton Avenue W, Toronto (Briar Hill-Belgravia), Ontario M6E 2H6

0 beds
0 baths
49 days

Eglinton/East of Dufferin Location and income is the key in any investment ,Excellent Investment Property With 10 Separate Income Generating Rental Units!! **This 3-Storey Commercial-Residential Building Contains 9 Residential Units And 1 Commercial Unit. The building is currently 100% leased

Multi-Family for sale: 96 RONCESVALLES AVENUE, Toronto

40 photos

$1,499,000

96 Roncesvalles Avenue, Toronto (Roncesvalles), Ontario M6R 2K8

0 beds
0 baths
115 days

Roncesvalles & Pearson In the heart of Roncy. Steps to High Park and the Lake. Two unit renovated 2.5 storey semi, located on Roncesvalles Ave. The main floor is currently being used as a medical office. The 2nd/3rd floors offer an updated three bedroom apartment, that is currently vacant.

Multi-Family for sale: 133 CARLAW AVENUE, Toronto

40 photos

$1,479,000

133 Carlaw Avenue, Toronto (South Riverdale), Ontario M4M 2R8

0 beds
3 baths
7 days

Queen & Carlaw Attention investors and savvy homeowners alike! Nestled in the vibrant heart of Leslieville, this extra-wide century semi oozes charm, character, and unlimited potential. Whether you're looking to build your portfolio or live the owner/investor dream, this property checks all

Multi-Family for sale: 866 BROADVIEW AVENUE, Toronto

1 photos

$1

866 Broadview Avenue, Toronto (Playter Estates-Danforth), Ontario M4K 2R1

0 beds
0 baths
241 days

Danforth and Broadview Being sold as part of a land assembly (id:27476)

Multi-Family for sale: 681 SCARLETT ROAD, Toronto

39 photos

$1,650,000

681 Scarlett Road, Toronto (Humber Heights), Ontario M9P 2T3

0 beds
4 baths
104 days

Scarlett and Lawrence Welcome to a Remarkable Investment Opportunity.Three empty units!! Ready for current market value renting. Great Location!! Meticulously maintained legal duplex and basement apartment in the Humber Heights neighbourhood. Main floor 3 /4 bed & 2 bath, Upper level 1 bed

Multi-Family for sale: 221 KENILWORTH AVENUE, Toronto

15 photos

$2,100,000

221 Kenilworth Avenue, Toronto (The Beaches), Ontario M4L 3S7

7 beds
4 baths
30 days

Queen Street East Rarely offered sought after investment property in The Beach! Exceptionally well maintained with 4 units consisting of 3 above grade 2 bedroom suites and 1 studio below grade. 3 suites have been completely renovated! 3 upper suites pay own hydro by separate meter, studio

Multi-Family for sale: 575 HURON STREET, Toronto

40 photos

$2,795,800

575 Huron Street, Toronto (Annex), Ontario M5R 2R6

0 beds
4 baths
78 days

St George Street & Bloor Street West Located in the heart of the Annex, 575 Huron Street has been under the same ownership since the mid-1970s. This detached property offers an exceptional opportunity, whether purchased individually or together with 577 Huron Street, which is also listed (MLS

Multi-Family for sale: 259 OAKWOOD AVENUE, Toronto

27 photos

$2,695,000

259 Oakwood Avenue, Toronto (Oakwood Village), Ontario M6E 2V3

0 beds
0 baths
17 days

Oakwood & St Clair Ave W Unique - One Property With Two Detached Buildings With Separate Civic Addresses, Rent Out Three Or Income All Of Them, Wholly Renovated, Detached Home With Basement Apartment + True Loft Conversion With 2x3 Bedroom Apartments, All With Stunning Features: 13+ Ft Ceiling,

Multi-Family for sale: 188 ST JOHNS ROAD, Toronto

19 photos

$2,399,999

188 St Johns Road, Toronto (Junction Area), Ontario M6P 1V4

0 beds
0 baths
7 days

Gilmour and Dundas Beautiful, corner lot, 3 story victorian era 9-plex, with room to expand! Some tenants are new, some have been there for quite a while, 3 units are vacant. Quad car garage, parking for another 6 cars easily. May be possible to sever the lot and build another house. **EXTRAS**

Multi-Family for sale: 307 PACIFIC AVENUE, Toronto

40 photos

$2,199,000

307 Pacific Avenue, Toronto (Junction Area), Ontario M6P 2P8

0 beds
6 baths
17 days

Annette & Keele Grand 2.5 Storey Victorian Multiplex On Coveted Pacific Avenue, Circa 1888 Detached With Period Brick Facade, Inviting Front Porch, 6 Well Designed Suites, Over 3,500Sq.Ft Finished On 4 Levels, 6 Hydro Meters, 5 Gas Meters, Convenient Coin-Op Laundry, Multiple Decks & Outdoor

Multi-Family for sale: 255 CHRISTIE STREET, Toronto

13 photos

$12,500,000

255 Christie Street, Toronto (Annex), Ontario M6G 3B9

0 beds
0 baths
15 days

Christie St/ Dupont Great property in Annex area. Walking distance to Bloor Subway. The building is about 8 years old - consists of 16 Apartments and 3 Commercial Stores, plus full basement. 11 units (1 bdrm) + 4 units (2 bdrm) + 1 unit (3 bdrm) + 2 finished apts in basement, vacant (not registered).

House for sale: 35 MUNFORD CRESCENT, Toronto

39 photos

$1,898,000

35 Munford Crescent, Toronto (East York), Ontario M4B 1B9

5 beds
6 baths
72 days

Victoria Park Rd & Danforth Rd Welcome to this luxurious home with a Legal Basement apartment, and a potential versatile studio in one of East York's top neighborhoods. Offering 4 bedrooms, a legal basement apartment, and a potential versatile studio. This property is ideal for both families

Row / Townhouse for sale: TH13 - 165 PEARS AVENUE, Toronto

39 photos

$2,350,000

Th13 - 165 Pears Avenue, Toronto (Annex), Ontario M5R 0C1

4 beds
4 baths
16 days

Bedford Rd & Davenport Rd Welcome To New Luxury Condo Townhouse In The Annex Yorkville Neighbourhood! Upgraded From Bottom To Top, 3+1 Beds W/4 Washrooms, Huge Family Room With 3 Pc Bath And Wet Bar, 10' On Main, 9' On Others, Modern Kitchen, Central Island, Build-In Ss Appliances, Backsplash,

House for sale: 6415 KINGSTON ROAD, Toronto

4 photos

$6,500,000

6415 Kingston Road, Toronto (Centennial Scarborough), Ontario M1C 1L2

4 beds
3 baths
103 days

Kingston Rd **Priced to Sell** Fully assembled property in a highly sought-after location, offering exceptional potential for redevelopment into multi-family apartment or retirement living. Strategic location situated on a busy street ensuring each access to public transportation and assessibility.

Other for sale: 35 DUNCOMBE BOULEVARD, Toronto

40 photos

$2,999,000

35 Duncombe Boulevard, Toronto (Scarborough Village), Ontario M1M 3A4

13 beds
6 baths
15 days

Kingston Rd And Markham Rd Newly completed multi-unit/multiplex residential property with occupancy status ideal for owners, operators, investors, and developers interested in various utilization options: full occupancy, partial occupancy with leasing opportunities, or complete building rental.

House for sale: 25 HILLSBORO AVENUE, Toronto

40 photos

$2,390,000

25 Hillsboro Avenue, Toronto (Annex), Ontario M5R 1S6

5 beds
3 baths
8 days

DAVENPORT AND AVENUE Yorkville gem! Nestled across from Ramsden Park and a short stroll to Rosedale subway, this spacious, detached, and beautifully renovated home offers three unique suitesideal for multi-family living, friends cohabiting, or generating rental income. The main and second floors

Other for sale: 27 GLEN ELM AVENUE, Toronto

40 photos

$4,999,999

27 Glen Elm Avenue, Toronto (Rosedale-Moore Park), Ontario M4T 1T9

8 beds
7 baths
8 days

Yonge St. & Glen Elm Ave. ** A Rare Opportunity at Yonge & St.Clair ** A ""must see"" multiplex Deer Park home nestled amongst some of Toronto's most prestigious neighborhoods. This beautifully renovated, turnkey, 5plex property combines a peaceful residential setting with access to vibrant

Apartment for sale: 1218 - 155 YORKVILLE AVENUE, Toronto

40 photos

$955,000

1218 - 155 Yorkville Avenue, Toronto (Annex), Ontario M5R 0B4

2 beds
2 baths
18 days

Yorkville Avenue/Avenue Road Amazing Yorkville Living Luxury Two-Bedroom Condo With Locker On The Same Floor And a Rare Parking Spot.Prestigiously Located Right In The Heart Of Yorkville, This Exquisite Two-Bedroom, Two-Bathroom Residence at 155 Yorkville Offers Unparalleled Elegance In One

Apartment for sale: 609 - 4673 JANE STREET, Toronto

27 photos

$369,000

609 - 4673 Jane Street, Toronto (Black Creek), Ontario M3N 2L1

2 beds
1 baths
105 days

Jane & Steeles Best Deal in Toronto!! Beautiful 2 Bedroom Fully Renovated Condominium with High Quality Material. Open Concept Kitchen. This Property Is Located in A Prime Location, Close To TTC, York University, Shopping, Hwy 400 And Other Amenities. Best Deal for Investor or First Time Buyers.

4707 - 1 BLOOR STREET E, Toronto

40 photos

$1,200,000

4707 - 1 Bloor Street E, Toronto (Church-Yonge Corridor), Ontario M4W 1A9

3 beds
2 baths
117 days

Bloor & Yonge The Most Iconic Address In Downtown Toronto, One Bloor Street! This Beautiful 2+1 Unit, Large Terrace Has A Perfect Layout. Den Can Be Used As A Bedroom, Sun Filled Luxury With West City & Lake Views, Gorgeous Finishes, Top of Line Appliances, Upgraded Hardwood Flooring, Direct

House for sale: 6405 KINGSTON ROAD, Toronto

4 photos

$6,500,000

6405 Kingston Road, Toronto (Centennial Scarborough), Ontario M1C 1L2

4 beds
3 baths
1 day

Kingston Rd **Priced to Sell** Fully assembled property in a highly sought-after location, offering exceptional potential for redevelopment into multi-family apartment or retirement living. Strategic location situated on a busy street ensuring each access to public transportation and assessibility.

Other for sale: 1061 BATHURST STREET, Toronto

29 photos

$2,799,888

1061 Bathurst Street, Toronto (Annex), Ontario M5R 3G8

4 beds
4 baths
42 days

Bathurst South Of Dupont On East Side Of Bathurst St An Incredible Investment Opportunity In The Heart Of Toronto! Built In 1986, This 4-unitdetached Property Is Perfectly Positioned Near All The Amenities The Tenants Currently Enjoy Including Restaurants, Top Schools Like Palmerston P.s.,

Row / Townhouse for sale: 8 - 2020 PHARMACY AVENUE, Toronto

26 photos

$819,000

8 - 2020 Pharmacy Avenue, Toronto (L'Amoreaux), Ontario M1T 1H8

4 beds
2 baths
8 days

Sheppard/Pharmacy This large freshly-painted well-kept multi-level townhouse offers an ideal family home in the highly sought-after L'Amoreaux area. With a newer roof and windows, it provides a serene, sun-filled atmosphere throughout the day, thanks to its south-facing exposure. Features Include:

Exploring Toronto's Multi-Family Housing Market

Toronto, a bustling metropolis known for its diversity and vibrant culture, is also home to a dynamic real estate market. Among the various housing options available, multi-family homes have gained significant attention. These properties, which include duplexes, triplexes, and apartment buildings, offer unique opportunities for both investors and residents. In this article, we delve into the intricacies of Toronto's multi-family housing market, exploring its benefits, challenges, and the neighborhoods where these properties are most prevalent.

The Rise of Multi-Family Homes in Toronto

In recent years, the demand for multi-family homes in Toronto has surged. This trend is driven by several factors, including the city's growing population, the need for affordable housing, and the desire for community living. Multi-family homes provide a solution to these challenges by offering shared living spaces that can accommodate multiple families or tenants. This not only maximizes the use of land but also fosters a sense of community among residents.

Investors are particularly drawn to multi-family properties due to their potential for generating steady rental income. With Toronto's rental market remaining robust, these properties offer a reliable source of revenue. Additionally, multi-family homes often appreciate in value over time, making them a sound long-term investment.

Key Neighborhoods for Multi-Family Homes

Toronto boasts several neighborhoods where multi-family homes are prevalent. Each area offers its own unique charm and advantages, catering to different preferences and lifestyles.

New Toronto

Located in the western part of the city, New Toronto is a vibrant community known for its picturesque waterfront views and family-friendly atmosphere. The neighborhood has seen a rise in multi-family developments, attracting both investors and families looking for spacious living arrangements. With its proximity to Lake Ontario and a range of amenities, New Toronto is an attractive option for those seeking a balanced urban lifestyle.

York

Another notable area is York, a diverse neighborhood that offers a mix of residential and commercial properties. The community is well-connected to public transportation, making it convenient for commuters. Multi-family homes in York are popular among young professionals and families who appreciate the area's cultural diversity and vibrant local scene.

Rosedale

For those seeking a more upscale living experience, Rosedale is a prime choice. Known for its historic charm and lush greenery, Rosedale is one of Toronto's most prestigious neighborhoods. While single-family homes dominate the area, there are also opportunities for multi-family living, offering a blend of luxury and community living.

Challenges and Considerations

Despite the numerous benefits, investing in multi-family homes in Toronto comes with its own set of challenges. One of the primary concerns is the cost of acquisition. Multi-family properties tend to be more expensive than single-family homes, requiring a significant initial investment. Additionally, managing multiple tenants can be complex, necessitating effective property management skills.

Another consideration is the city's zoning regulations, which can impact the development and renovation of multi-family properties. Prospective investors must navigate these regulations to ensure compliance and maximize the potential of their investments.

Comparing Multi-Family and Single-Family Homes

While multi-family homes offer distinct advantages, single-family homes remain a popular choice for many Toronto residents. Areas like Etobicoke, Toronto, North Park, and Cedarvale offer a range of single-family homes that cater to different preferences and budgets. These properties provide privacy and space, making them ideal for families who prioritize individual living environments.

Ultimately, the choice between multi-family and single-family homes depends on individual needs and investment goals. While single-family homes offer a more traditional living experience, multi-family properties provide opportunities for community living and rental income.

Expanding Horizons: Multi-Family Homes Beyond Toronto

While Toronto remains a focal point for multi-family housing, other regions are also experiencing growth in this sector. For instance, West Vancouver and Alert Bay are emerging as attractive destinations for multi-family investments. These areas offer unique opportunities for investors looking to diversify their portfolios and explore new markets.

In conclusion, Toronto's multi-family housing market presents a wealth of opportunities for investors and residents alike. With its diverse neighborhoods, strong rental market, and potential for appreciation, multi-family homes are an appealing option for those seeking both financial returns and a sense of community. As the city continues to grow and evolve, the demand for multi-family properties is likely to remain strong, making it a key component of Toronto's real estate landscape.