Discover an exceptional investment opportunity in one of Toronto's most desirable west-end locations. 505 Parkside Dr is a turnkey, upgraded property with 4 self-contained units, situated directly across from High Park and steps away from Keele TTC station. This property has been meticulously maintained by an experienced owner, ensuring operational efficiency and long-term stability. Recent upgrades include newer roofing, eavestroughs, downspouts and fascia, windows and blinds, vinyl flooring, 200 Amp electrical panel, tankless water heater, sump pumps (2), radiators, interior doors, and most appliances. Current rents are at market level, and investors benefit from strong in-place income with minimal need for repositioning. Tenants benefit from efficient floorplans, outstanding convenience, and lifestyle appeal. The property is just a 3-minute walk to Keele Subway Station and only 15 minutes to the UP Express, ensuring seamless access to downtown and beyond. Steps from the lively Roncesvalles Village, residents have access to some of the city's best cafés, restaurants, and local shops, further enhancing tenant appeal and retention. A rare opportunity to acquire a turn-key asset in a premier west-end location with stable income, strong fundamentals, and enduring demand.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2 1/2 Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
100'1"30.5 m
Lot Frontage:
24'2"7.37 m
Direction Faces:
East
Bedrooms:
5
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
5
Kitchens Above Grade:
4
Rooms Above Grade:
15
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Unknown
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Features:
Right Of Way
Parking Spaces:
1
Total Parking Spaces:
1.0
Family Room:
No
Possession Details:
30/60/TBA
Pool:
None
Link:
No
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2025
Development Charges Paid:
Unknown
Taxes:
$7,555.95 /
2025
Assessment:
$- /
2025
Toronto
Toronto W01
High Park-Swansea
Fenced Yard, Park, Public Transit, School, Library, Hospital
Carpet Free
Heat pump (Reliance) on 2nd and Main floor (month-to-month)
4 Stoves, 4 Fridges, 3 B/I Dishwashers, 2 Washers, 2 Dryers. See feature sheet for more.
Data was last updated April 28, 2026 at 12:15 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$2,375,000
Min list price:
$1,198,000
Max list price:
$7,615,000
Avg days on market:
14
Min days on market:
1
Max days on market:
180
These statistics are generated based on the current listing's property type
and located in
High Park-Swansea. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.