$1,898,000
For sale: Multiplex

73 Elm Grove Ave is Queen West's Best Kept Secret. This neighbourhood doesn't need an introduction. World-renowned, trendsetting, the vibe that everyone else is trying to copy and hiding just off its edge is a rare piece of Victorian real estate that quietly does something rarer than trendy: it prints money and looks incredible doing it. Here at 73 Elm Grove, a stunning 4-unit Victorian with an attached garage - because your vintage Porsche deserves better than street parking and more upside than you've seen in years. The main level is the owner's unit, and it's an exceptional one: a 2-bed, 2-bath home with huge principal rooms full of charm and character, a powder room, a full spa-inspired bath, and two king-sized bedrooms. The kitchen is massive, built around an island, with a walkout to your own New York-style outdoor hangout. Live here, collect income from the rest - an opportunity you didn't think existed at this price point. Upstairs: a 2-bed, 1-bath unit, a 1-bed, 1-bath unit, and a third-floor loft-style bachelor that's the stuff of tenant dreams. The kind of space that draws the exact renter you want, with movie/ good book flair. The location is a stone's throw from Queen West itself - Saint James Coffee, Craigs Cookies, The Rhino, the Gladstone and Drake Hotels, TTC access, and a long list of Toronto landmarks you'll never tire of name-dropping. Downstairs, a clean, open walkout basement, a blank canvas, ready for your architect and contractor to reimagine. Few properties build this kind of excitement. Rare style, rare charm, rare opportunity all in one awesome Queen West address.
Sold data
Multiplex homes in Toronto (South Parkdale) 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 (South Parkdale) 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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