Waterfront Communities · C01 · M5V 1H6
$5,600,000
$747 / sq ft3 months on market
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Prime Land Assembly & Development Opportunity! Exceptional mixed-use investment property with future redevelopment potential in a high-growth transit-oriented location. Buyers to conduct their own due diligence regarding zoning, permitted uses, development potential, density, and future assembly possibilities. Property currently generates strong monthly rental income from 10 tenancies and features approximately 7,500 sq. ft. of space on a 40' x 98' lot. Extensive renovations completed in 2024 include structural upgrades, ESA electrical, plumbing, roofs, windows, waterproofing, and fire/soundproofing improvements. The building offers 10 full bathrooms, 8 kitchens, rooftop patio access, and a private backyard area. Flexible vacant possession options may be available. Located near transit, amenities, and ongoing area redevelopment.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 84% of comparable multi-unit / investment listings in Toronto are asking less.
Based on 95 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $5,600,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Royal LePage Real Estate Associates. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.