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For saleMLS® C13753714

93 Spadina Road, Toronto, ON M5R 2T1

Annex · C02 · M5R 2T1

$3,999,900

$800 / sq ft

1 months on market

Bedrooms
2
Bathrooms
16
Interior
5,000 sf
Parking
3
Lot
32 × 130 ft

What's special

  • 3 parking spaces
  • Window unit(s)
  • Basement apartment
  • Central vacuum
  • Intercom

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About this property

Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of approx. $268,000 with a projected NOI of $195,000. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood.

Features

  • Central Vacuum
  • Intercom

Property details

Property

Property type
multiplex
Bedrooms
2
Bathrooms
16
Interior size
5,000 sq ft
Lot size
32 × 130 ft
Zoning
R (D1*900)
Possession
Immediate

Interior

Basement
Apartment
Heating
Baseboard · Electric
Cooling
Window Unit(s)
Exposure
East

Exterior & services

Construction
Brick
Parking spaces
3
Sewer
Sewer

Costs

List price
$3,999,900
Property taxes
$12,722 / year (2026)
Price per sq ft
$800
Rental items
Hot Water Tank

Listing

MLS® number
C13753714
Status
For sale
Listed
September 8, 2026
Days on market
58
Last updated
November 4, 2026
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 89% of comparable multiplex listings in Annex are asking less.

$1.62MMedian $2.20M$3.60M
This home
$800 / sq ft
Comparable median
$850 / sq ft

Based on 9 comparable active multiplex listings in Annex. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $799,980
$799,980
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$17,692.91
Property tax (est.)
$1,060.17
Estimated monthly
$18,753

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$86,473
Toronto municipal
$96,472
Total due on closing
$182,944

An estimate on the asking price of $3,999,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ULTIMATE REALTY INC.. 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.

$3,999,900

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Comparable sales nearby

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Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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