132 Marion Street, Toronto (Roncesvalles), Ontario, M6R1E7

Multi-Family for sale in Toronto (Roncesvalles), Ontario. Listed at $1,995,000.

7 bedrooms · 5 bathrooms

Photos of 132 Marion Street, Toronto (Roncesvalles), Ontario, M6R1E7

132 Marion Street, Toronto (Roncesvalles), Ontario, M6R1E7, Toronto (Roncesvalles), Ontario — photo 1 of 5

132 Marion Street, Toronto (Roncesvalles), Ontario, M6R1E7, Toronto (Roncesvalles), Ontario — photo 2 of 5

132 Marion Street, Toronto (Roncesvalles), Ontario, M6R1E7, Toronto (Roncesvalles), Ontario — photo 3 of 5

132 Marion Street, Toronto (Roncesvalles), Ontario, M6R1E7, Toronto (Roncesvalles), Ontario — photo 4 of 5

132 Marion Street, Toronto (Roncesvalles), Ontario, M6R1E7, Toronto (Roncesvalles), Ontario — photo 5 of 5

MLS® 30163778

Description

The Ultimate Roncesvalles Investment - Prime Double Vacancy Opportunity! 132 Marion St offers a rare chance for seasoned investors or end-users looking to house-hack and subsidize their lifestyle. This legacy-held 5-plex features a spacious, freshly painted & refreshed 3-bedroom main floor unit (vacant!), plus a 2-bedroom unit turned over August 1st - giving you immediate double vacancy to set your own market rents or move right in! Note: Interior photos of the 3-bedroom and 2-bedroom units were taken prior to the previous tenants moving out. The 3-bedroom has since been freshly painted and touched up; the 2-bedroom has had cabinets replaced and repaired. A true "densification dream" under Toronto's 6-plex reforms, featuring a rare 4-car coach house and private driveway. Heavy lifting is complete with meticulous exterior & capital upgrades: Brand-New Roof ($66k, 2026), Fresh Paint ($13k, 2026), and Full Garage Renovation ($20k+, 2025). Interior provides a brilliant blank canvas to renovate to taste and unlock a projected ~$145k gross income - current listing price represents a 5% cap rate on conservative assumptions. See Schedule for full capex/reno history (~$166k invested) & financials! (id:27495)

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY · ERIC STRONACH

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