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: