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For saleMLS® W12450015

121 Fourth Street, Toronto, ON M8V 2Y6

New Toronto · W06 · M8V 2Y6

$4,495,000

$899 / sq ft

13 months on market

Bedrooms
8+4
Bathrooms
10
Interior
5,000 sf
Parking
6
Lot
50 × 118 ft

What's special

  • 6 parking spaces
  • Wall unit(s)
  • Basement apartment
  • Intercom
  • Separate hydro meter
  • Water heater owned

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About this property

Exceptional 10-unit investment property in South Etobicoke. Completely renovated in 2018, featuring new wiring, plumbing, and modern kitchens with quartz counters and stainless steel appliances. Each unit includes in-suite laundry and A/C. The basement's height is 7.6 feet, and a security system with 6 cameras provides peace of mind. A 2020 roof and 6 parking spaces complete this impressive offering. The total square footage, as per floor plans, measures an impressive 6,648 square feet. The property's location adds to its appeal, with its proximity to the waterfront, walking/cycling trails, schools, Humber College's Lakeshore Campus, and public transit (including GO Train access). The existing mortgage is available for takeover at a rate of 3.30% with a maturity date at the end of 2028.

Features

  • Intercom
  • Separate Hydro Meter
  • Water Heater Owned

Property details

Property

Property type
multiplex
Bedrooms
8 + 4
Bathrooms
10
Interior size
5,000 sq ft
Lot size
50 × 118 ft
Possession
TBD

Interior

Basement
Apartment
Heating
Water · Gas
Cooling
Wall Unit(s)
Exposure
West

Exterior & services

Construction
Brick
Parking spaces
6
Sewer
Sewer

Costs

List price
$4,495,000
Property taxes
$17,054 / year (2024)
Price per sq ft
$899

Listing

MLS® number
W12450015
Status
For sale
Listed
October 7, 2025
Days on market
393
Last updated
January 7, 2026
Listing brokerage
RIGHT AT HOME REALTY

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 98% of comparable multiplex listings in Toronto are asking less.

$977KMedian $1.74M$2.97M
This home
$899 / sq ft
Comparable median
$835 / sq ft

Based on 96 comparable active multiplex listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $899,000
$899,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$19,882.90
Property tax (est.)
$1,421.13
Estimated monthly
$21,304

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
$98,850
Toronto municipal
$118,750
Total due on closing
$217,600

An estimate on the asking price of $4,495,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RIGHT AT HOME REALTY. 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.

$4,495,000

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Comparable sales nearby

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

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