132 Marion Street, Toronto, Ontario, Canada, M6R1E7

1,995,000
for Sale
6 + 1
5
3000-3500

About the property:

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!

Extra info:

5 Fridges, 5 Stoves, 3 Dishwashers, Coin Operated Washer And Dryer.

House features:

5 Fridges, 5 Stoves, 3 Dishwashers, Coin Operated Washer And Dryer.
Multiplex other
Property Type:
Multiplex
Status:
for Sale
House Style:
other
Bedrooms:
6 + 1
Bathrooms:
5
Land Size:
36.5 x 133.25 FT
Garage Spaces:
4
Parking Places:
6
Heating Type:
Water
Heating Fuel:
Gas
Cross Street:
Roncesvalles/Queen
Exterior:
Brick
Basement:
Finished wit, Finished wit
Fronting On:
N
Possession Date:
Flexible closi
Annual Property Taxes:
11,318.84
Listing ID:
W13682774

Rooms

Dimensions

Brokered by:
Royal Lepage Signature Realty
Source: TRREB/PROPTX
Presented By:

Lukas Dzierzega

Sales Representative

Royal LePage Signature Realty, Brokerage*