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505 Parkside Drive, Toronto, ON M6P2H2

$2,049,0005Beds 4Baths 2,000Sqft High Park-Swansea

Property Overview

  • Detached Home Type
  • House Building Type
  • 2420 Sqft Lot Size
  • 5 Beds
  • 4 Full Baths
  • 0 Half Baths
  • 1 Parking Space(s)
  • Property Taxes
  • 124 days Days on Market
  • W13050314 MLS® #
  • $1,025 Price / Sqft
  • Two Storey Style
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Description

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 4.85%**, 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.

Interior Details

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0
None
Part

Exterior Details

Brick
2
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Asphalt Shingles
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More Information

Property

Park, Schools Nearby
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Parking

Yes
1
No Garage

Utilities

Municipal / City

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 3:08:24 PM UTC.