$1,499,000
121 Medland Street, Toronto, ON M6P 2N4
Junction Area · W02
Junction Area · W02 · M6P 2J4
$1,650,000
$825 / sq ft3 months on market
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$1,499,000
Junction Area · W02
Investment gem in The Junction. This exceptional Edwardian semi-detached multiplex blends timeless architectural character with stable income, owner-occupier flexibility, and future redevelopment potential on a corner lot. This beautifully maintained property sits on an extra-wide 34.33 x 100 ft lot. A rarely available Toronto offering, the property features four self-contained suites across four levels (1 x 2-bedroom, 3 x 1-bedroom), each with dedicated outdoor space, central heating and air conditioning, and each tenant has their own parking space-4 parking spots in total. These highly desirable features consistently attract quality long-term tenants and support exceptional rental stability in one of Toronto's premier rental corridors. Ideal as a live-and-earn opportunity or turnkey investment, the property currently generates $91,440/year. Future value-add and redevelopment potential align with Toronto's evolving multiplex and EHON initiatives. The main-floor 2-bedroom suite showcases a renovated chef-inspired kitchen with granite counters, exposed brick accent wall, hardwood floors, 9'2" ceilings, in-suite laundry, and charming front porch. Upper suites feature private balconies and patios, while the lower-level 1-bedroom offers above-grade windows, private entrance, in-suite laundry, and outdoor space. Steps to Dundas West's trendy shops, acclaimed restaurants, cafés, craft breweries, TTC, the Railpath, High Park, and Stockyards Village.
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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 in line with comparable listings — about 58% of comparable multiplex listings in Toronto are asking less.
Based on 96 comparable active multiplex 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 $1,650,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of SUTTON GROUP-TOWER REALTY LTD.. 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.
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD