Welcome to 135 Fifth St, a versatile semi-detached property that combines comfortable family living with incredible investment potential. Nestled in the sought-after waterfront community of New Toronto, this property's unique layout makes it an ideal choice for investors seeking dual income streams or multi-generational living. Main House Bright and inviting, the 3-bedroom main home boasts a sun-filled, open-concept living and dining area with large windows that flood the space with natural light. Two of the three bedrooms feature walk-out terraces, Income Property/Studio Suite The self-contained studio suite, with a separate entrance, is a turnkey income-generating asset. Featuring a combined living and sleeping area, a functional kitchen, and a full bathroom, the unit is currently rented month-to-month to a reliable long-term tenant. This suite provides consistent cash flow with minimal management, perfect for offsetting your mortgage or boosting your investment return. Additional Benefits - 4 laneway parking spaces, a rare and valuable feature in the area. - Steps from waterfront trails, parks, and vibrant Lakeshore amenities. - Conveniently located close to transit and major highways, providing easy access to downtown Toronto. Whether you're looking for steady cash flow or a property with long-term appreciation in a thriving community, this home delivers the perfect blend of comfortable living for tenants and a hassle-free investment for owners. Don't miss out on this opportunity.
Property Type:
Residential Freehold
Property Sub Type:
Semi-Detached
Home Style:
2-Storey
Approx. Age:
100+
Total Approx Floor Area:
1500-2000
Depth:
118'36 m
Frontage:
16'4.88 m
Direction Faces:
East
Bedrooms:
3+1
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
2
Rooms Above Grade:
9
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Brick
Roof:
Asphalt Shingle
Basement:
Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Lane
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
T.B.D
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$4,284.58 /
2024
Assessment:
$- /
-
Toronto W06
New Toronto
Toronto
Library, Park, Place Of Worship, Public Transit, School
In-Law Suite
Deck
N/A
Upper & Main Floor: S/S Gas Range, Fridge, B/I Dishwasher, Microwave. Stack Washer and Dryer, All existing light fixtures, custom blinds. Studio Suite Fridge, stove, existing lights .
Data was last updated June 7, 2025 at 04:15 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,189,900
Min list price:
$699,000
Max list price:
$1,749,900
Avg days on market:
38
Min days on market:
2
Max days on market:
375
These statistics are generated based on the current listing's property type
and located in
Toronto W06. Average values are
derived using median calculations.
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.