$5,999,999
For sale: Multiplex

Prime Parkdale Investment Opportunity Brand-New Mixed-Use Property on Queen West! ?? Attention Investors! This newly built (2024) three-storey commercial/residential property sits proudly on the north side of Queen Street West in the heart of Parkdale. A turnkey, worry-free investment, the building features modern retail space plus 6 luxury residential units designed with premium finishes, high-quality materials, and contemporary layouts to attract top-tier tenants willing to pay a premium. With flexible zoning and approval for short-term rentals, investors have multiple income strategies. The building is fully tenanted and built for long-term cash flow stability. Unit Breakdown: 1 Studio 1 One-Bedroom 4 Two-Bedroom Units (each with in-suite washer/dryer) All units feature 1 full bathroom A rare chance to own a cutting-edge mixed-use property in one of Toronto's most desirable, high-demand neighborhoods.
Sold data
Multiplex homes in Toronto (Roncesvalles) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 40, across 39 recorded sales.
The median sale price was $1,389,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 39 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Roncesvalles) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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