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For saleMLS® W13226986

318 The Kingsway, Toronto, ON M9A 3V2

Edenbridge-Humber Valley · W08 · M9A 3V2

$3,100,000

$187 / sq ft

5 months on market

Total area
16,553 sf
Lot
60 × 275 ft

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About this property

Well-maintained three-storey, 11-suite apartment building on a large 0.38-acre lot. Constructed in 1951 and upgraded over time, the property features individually metered hydro, 11 on-site parking stalls, and on-site laundry. Attractive suite mix with 5-1Br units (755 SF) and 6-2Br units (923SF). Solid cement block, brick, and concrete slab construction provides exceptional soundproofing between units. Three vacant suites on closing. The building shares a 275FT boundary with Humber Valley Park creating a permanent, unobstructed corridor. Over $150k spent on capex in the past two years, including a new roof, hot water tank, circulation pumps, retaining wall, and railings. Located in an amenity rich location with Humbertown Shopping Centre just a short walk away.

Property details

Property

Property type
investment
Interior size
16,553 sq ft
Lot size
60 × 275 ft
Zoning
RM(f24;au116)
Possession
Immediate

Interior

Heating
Gas Hot Water
Cooling
No

Costs

List price
$3,100,000
Property taxes
$19,205 / year (2025)
Price per sq ft
$187

Listing

MLS® number
W13226986
Status
For sale
Listed
June 2, 2026
Days on market
156
Last updated
September 15, 2026
Listing brokerage
LENNARD COMMERCIAL 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 in line with comparable listings — about 58% of comparable multi-unit / investment listings in Toronto are asking less.

$885KMedian $2.70M$8.22M
This home
$187 / sq ft
Comparable median
$699 / sq ft

Based on 96 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $620,000
$620,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$13,712.35
Property tax (est.)
$1,600.42
Estimated monthly
$15,313

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
$63,975
Toronto municipal
$64,975
Total due on closing
$128,950

An estimate on the asking price of $3,100,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of LENNARD COMMERCIAL 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.

$3,100,000

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