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
12 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.

Multi-Family for sale: 28A THIRD STREET, Toronto

15 photos

$3,195,000

28a Third Street, Toronto (New Toronto), Ontario M8V 2X6

0 beds
0 baths
69 days

Islington Ave. and Lake Shore Blvd. W. 2.91% assumable mortgage due June 2030 with an extremely low monthly payment of only $7,988! This turn key six-plex contains 5-two Bedroom units and 1-bachelor unit. Building and units were fully renovated in 2019, down to the studs. All units fully renovated

House for sale: 69 EIGHTH STREET, Toronto

40 photos

$1,349,000

69 Eighth Street, Toronto (New Toronto), Ontario M8V 3C2

7 beds
3 baths
7 days

Sonth of Lakeshore & Islington Exceptional investment and live-in opportunity in the high-demand South Lakeshore community!This unique LEGAL TRIPLEX is perfect for investors or multi-generational families seeking spacious,income-generating accommodations, Situated on a rare premium 37 x 125-foot

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
83 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

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
194 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

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
74 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: 1741 BAYVIEW AVENUE, Toronto

1 photos

$9,500,000

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

0 beds
26 baths
22 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

$2,575,000

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

5 beds
1 baths
160 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: 30 LANSDOWNE AVENUE, Toronto

19 photos

$1,999,900

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

0 beds
0 baths
93 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

Multi-Family for sale: 1061 BATHURST STREET, Toronto

29 photos

$2,799,888

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

0 beds
0 baths
11 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: 8 LAKE SHORE DRIVE, Toronto

27 photos

$2,900,000

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

0 beds
11 baths
12 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: 302 SPADINA AVENUE, Toronto

4 photos

$15,000,000

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

0 beds
0 baths
34 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: 2412 QUEEN STREET E, Toronto

12 photos

$6,295,000

2412 Queen Street E, Toronto (Birchcliffe-Cliffside), Ontario M1N 1A2

0 beds
0 baths
76 days

Victoria Park Ave & Queen St E Exceptional 18-unit apartment building at 2412 Queen St E, situated in the heart of Toronto's sought-after Beaches neighborhood! The building features a mix of 7 spacious two-bedroom units and 11 one-bedroom units, providing an ideal blend of living spaces. Three

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
9 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: 577 HURON STREET, Toronto

26 photos

$2,795,800

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

0 beds
5 baths
47 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: 1384 KING STREET W, Toronto

1 photos

$5,500,000

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

0 beds
0 baths
22 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

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
50 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: 188 ST JOHNS ROAD, Toronto

19 photos

$2,400,000

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

0 beds
0 baths
41 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: 228 WESTMORELAND AVENUE, Toronto

28 photos

$1,650,000

228 Westmoreland Avenue, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario M6H 3A3

4 beds
3 baths
54 days

Dovercourt/Hallam/Dupont Situated on a corner lot in the heart of Dovercourt Village this detached duplex is a short walking distance to both Ossington and Dufferin Subway Stations, Bloorcourt Village Shops and Restaurants, Dufferin Mall, Parks, and Galleria on the Park. It is zoned commercial

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
84 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: 725 DOVERCOURT ROAD, Toronto

40 photos

$1,799,900

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

0 beds
0 baths
64 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: 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
18 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: 35 VESSEL CRESCENT, Toronto

38 photos

$1,100,000

35 Vessel Crescent, Toronto (Centennial Scarborough), Ontario M1C 5K6

0 beds
4 baths
81 days

Lawrence Ave East & Port Union Location! Location! Location! This Investment property offers two rented units approx. net $45k income & over 4% Caprate. UPPER 1645 sqft, Featuring 3-bedrms & 3-bathrms, W/0 deck on the main flr for BBQs & balcony on the 2nd flr, Bsmnt (potential for 1-bedrm),

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
47 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: 177 CARLTON STREET, Toronto

40 photos

$2,499,000

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

0 beds
12 baths
9 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: 259 OAKWOOD AVENUE, Toronto

27 photos

$2,895,000

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

0 beds
0 baths
85 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: 681 SCARLETT ROAD, Toronto

39 photos

$1,650,000

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

0 beds
4 baths
73 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: 866 BROADVIEW AVENUE, Toronto

1 photos

$1

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

0 beds
0 baths
210 days

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

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
61 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: 29 LOVE CRESCENT, Toronto

40 photos

$1,650,000

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

0 beds
3 baths
4 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: 2369 QUEEN STREET E, Toronto

1 photos

$2,100,000

2369 Queen Street E, Toronto (The Beaches), Ontario M4E 1H2

0 beds
6 baths
11 days

Beech Ave. & Queen St. E. Prime Beaches Location. A+++ over Half an acre of a lot. Currently a 6 unit building exists with a holding income of $82,884. Please feel free to visit the site, please do not disturb the tenants. Excellent opportunity to own a 6 unit building in a phenomenal location

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
47 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

Other for sale: 76 THIRTY FIFTH STREET, Toronto

37 photos

$2,288,000

76 Thirty Fifth Street, Toronto (Long Branch), Ontario M8W 3K4

7 beds
6 baths
60 days

Lake Shore Blvd. W & Thirty Fifth St. One-of-a-kind, rare, fully customized fourplex investment property. The epitome of executive living while having massive income potential. Live in one of the spacious larger units fit for a family for a stress-free lifestyle while the other 3 units pay

Other for sale: 18 THIRTY THIRD STREET, Toronto

40 photos

$3,895,000

18 Thirty Third Street, Toronto (Long Branch), Ontario M8W 3G9

11 beds
13 baths
8 days

Lake Shore Blvd W. & Thirty Third St. Opportunity of a lifetime to own this Fully Renovated from Top to Bottom Multiplex in one of the most high demand areas of Long Branch, Etobicoke, Toronto, steps to the lake. Situated on a massive 70 ft. x 146 ft. lot facing East. Surrounded by Multi Million

4010 - 1926 LAKESHORE BOULEVARD, Toronto

36 photos

$749,000

4010 - 1926 Lakeshore Boulevard, Toronto (High Park-Swansea), Ontario M6S 1A2

3 beds
2 baths
48 days

Lake Shore Blvd W / Windermere Amazing South-Facing Suite ON 40th Floor 2+Den with 2 Washrooms In Prestigious Swansea Village. This Mirabella Residence boosts a Vibrant Lakeside Community, 10,000 sqft. of Indoor Amenities Exclusive to each tower, +18,000 sqft. of shared Landscaped Outdoor

Apartment for sale: 704 - 1818 BAYVIEW AVENUE, Toronto

33 photos

$877,000

704 - 1818 Bayview Avenue, Toronto (Mount Pleasant East), Ontario M4G 4G6

2 beds
2 baths
49 days

Bayview And Eglinton Welcome to this rarely available, updated luxury condo that offers the perfect blend of style, comfort, and convenience for discerning downsizers or anyone seeking to enjoy life in the coveted Leaside area. This bright, turnkey home boasts nearly 1200 sq. ft. of elegant,

Other for sale: 40 CAVELL AVENUE, Toronto

40 photos

$2,899,000

40 Cavell Avenue, Toronto (Mimico), Ontario M8V 1P2

9 beds
6 baths
84 days

Royal York and QEW Welcome to 40 Cavell Ave, A 6-unit Multiplex that provides a 4.3% Cap Rate. Current actual Net Income of $124,870. 40 Cavell is located in the Mimico Area of Toronto (Etobicoke), an area experiencing an incredible amount of growth by way of several mixed use condo development

House for sale: 739 VAUGHAN ROAD, Toronto

20 photos

$999,999

739 Vaughan Road, Toronto (Oakwood Village), Ontario M6E 2Z2

2 beds
1 baths
61 days

Vaughan Rd / Northcliffe Blvd Amazing opportunity to own a detached home minutes from Dufferin and Eglinton. Beautiful 2 Bedroom bungalow on a nice lot backing onto St. Thomas Aquinas Catholic School. This home is perfect for a first time home buyer, investor, flipper or a small or multi family

Apartment for sale: 1307 - 36 PARK LAWN ROAD, Toronto

37 photos

$530,000

1307 - 36 Park Lawn Road, Toronto (Mimico), Ontario M8V 0E5

1 beds
1 baths
35 days

Park Lawn Rd. / Lake Shore Blvd. W Don't miss this incredible opportunity to own a stunning 1-bedroom, 1-bathroom condo at the highly sought-after Key West Condos in South Etobicoke! It comes with an Underground parking and a locker. Enjoy a private balcony, the perfect spot to unwind and take

House for sale: 41 MEADOWCLIFFE DRIVE, Toronto

40 photos

$3,190,000

41 Meadowcliffe Drive, Toronto (Cliffcrest), Ontario M1M 2X8

5 beds
5 baths
110 days

Kingston x Pine Ridge Welcome To 41 Meadowcliffe Dr, A Very Exclusive Luxury Multi-Family Residence Immersed In Nature At The Heart Of The Bluffs, With Nearly 5,000 Sqft Of Interior Living Space And 1,500 Sqft Outdoor Living Space, Laid Out Over 0.6 Acres, And Setback About 100 Ft. It Is Like

House for sale: 63 VALHALLA BOULEVARD, Toronto

40 photos

$1,299,000

63 Valhalla Boulevard, Toronto (Birchcliffe-Cliffside), Ontario M1N 3B4

4 beds
3 baths
5 days

Kingston Rd. & Warden Ave. Discover the charm of 63 Valhalla Blvd nestled in Birchcliff. This exquisite detached brick home is set back gracefully from the street, offering both privacy and a hint of mystery to intrigue those who pass by. As you step onto the property, you will be welcomed

Apartment for sale: 2105 - 35 BALES AVENUE, Toronto

20 photos

$738,000

2105 - 35 Bales Avenue, Toronto (Willowdale East), Ontario M2N 7L7

2 beds
1 baths
103 days

Yonge And Sheppard Cosmo II is a highly efficient, low-maintenance building that stands as a well-maintained icon in the Yonge & Sheppard area. It's a prime opportunity for both investors and first-time homebuyers, offering a well-sized 2-bedroom, 1-bath unit with parking. The unit's layout

Apartment for sale: 307 - 2020 BATHURST STREET, Toronto

26 photos

$749,999

307 - 2020 Bathurst Street, Toronto (Humewood-Cedarvale), Ontario M5P 0A6

2 beds
1 baths
6 days

BATHURST/EGLINTON Brand New Luxury condo in the heart of forest hill community, High Demand location. surrounding by multi million dollars worth homes, 3rd floor unit comes with kitchen w/built in appliances, living room with balcony, generous size of two bedrooms and separate library area,

Apartment for sale: 1719 - 20 EDWARD STREET, Toronto

26 photos

$579,000

1719 - 20 Edward Street, Toronto (Bay Street Corridor), Ontario M5G 1C9

1 beds
1 baths
76 days

Yonge & Dundas Welcome to Panda Condo. This 1 Bedroom unit has a functional layout with clear city views! Open Concept Living With High-End S/S Appliances, 9 ft Ceiling. Walk-out Balcony, Prime Location In The Heart Of Downtown Toronto. Perfect 100% On Both Walk Score And Transit Score. Steps

Row / Townhouse for sale: 66 - 861 SHEPPARD AVENUE W, Toronto

26 photos

$769,900

66 - 861 Sheppard Avenue W, Toronto (Bathurst Manor), Ontario M3H 2T4

2 beds
3 baths
55 days

Sheppard Ave. W / Faywood Blvd Greenwich Village Towns At Sheppard Subway, A New Stackable Townhome Development By Crown Communities. The ""Little Italy"" Model offers 1,110Sf + 60Sf Balconies And 251Sf Rooftop. Short Walk to Sheppard West Subway Station. Transit To York University At The Doorstep.

House for sale: 38 LARCHMERE AVENUE, Toronto

39 photos

$1,669,900

38 Larchmere Avenue, Toronto (Humber Summit), Ontario M9L 2N3

5 beds
5 baths
75 days

Islington and Steeles 4,600 Square Feet 5 Level Backsplit. 3 High End Designer Kitchens and 5 Baths! This is the perfect Large - Family home or potential rent income! A great Option for family, the inlaw's or friends to lower expenses! One home with opportunity for private living of many *First

Apartment for sale: 1912 - 11 WINCOTT DRIVE, Toronto

38 photos

$619,900

1912 - 11 Wincott Drive, Toronto (Kingsview Village-The Westway), Ontario M9R 2R9

3 beds
2 baths
42 days

Islington Ave & Dixon Rd Welcome to Tiffany Place! Step into this beautifully newly renovated condo and discover this Gem awaiting! Exhibiting 3 spacious Bedrooms, 2 modern Bathrooms, ensuite Built-In Laundry and 2 Parking spots. Multi-Level design to offer comfort and style. The newly updated

Other for sale: 2151 DANFORTH AVENUE, Toronto

40 photos

$5,999,000

2151 Danforth Avenue, Toronto (East End-Danforth), Ontario M4C 1K2

9 beds
9 baths
116 days

Danforth and Woodbine Tremendous Long term Investment Strategy In vibrant Danforth and Woodbine Area. 10 Premium Residential Rental units with 1 commercial Tenant. No expense or detail spared. Would make a great addition to any Toronto Portfolio. All units are completely self contained. In-demand

House for sale: 654 BIRCHMOUNT ROAD, Toronto

1 photos

$1,799,000

654 Birchmount Road, Toronto (Clairlea-Birchmount), Ontario M1K 1R3

6 beds
3 baths
7 days

Birchmount/St.Clair Fantastic starter home with 4 bedrooms plus a fully finished basement. This property needs some tender loving care, on a large lot located right beside a plaza which makes it ideal for any use, personal, multi-family, development, and more. **** EXTRAS **** All existing

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
72 days

Kingston Rd 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. Perfect for

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.