Turn-key Four-Unit in Toronto's Little Italy - Live, Rent, and Build Wealth. An exceptional opportunity in the heart of Little Italy, this property offers the flexibility, income and long-term growth potential that smart investors and end-users are looking for. With four self-contained units totaling 7 bedrooms and 4 bathrooms, this property is ideal for buy-and-hold landlords or homeowners seeking to live in one unit while generating income from the others. Each suite has been tastefully updated to attract quality tenants, featuring bright living spaces, renovated kitchens with stainless steel appliances, durable stone countertops, and laminate cabinetry, along with modernized bathrooms. The result is a clean, comfortable living environment that's easy to maintain and easy to rent. At the rear, a two-car garage accessed via laneway offers additional income potential or a prime opportunity for a future laneway suite, subject to city approvals - a highly desirable feature in this evolving urban landscape. Located in one of Toronto's most sought-after neighbourhoods, residents enjoy walking access to Christie Pits Park, Kensington Market, University of Toronto, TTC subway stations, and Bloor Street's lively restaurants and shops. This vibrant community blends urban convenience with neighbourhood charm-perfect for attracting long-term tenants or enjoying as an owner-occupant. Whether you're looking to build equity, generate steady renal income, or create a hybrid lifestyle, this is a rare, turn-key asset in one of Toronto's strongest rental markets.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Semi-Detached
Home Style:
3-Storey
Approx. Age:
100+
Total Approx Floor Area:
1500-2000
Depth:
129'39.3 m
Frontage:
25'7.62 m
Topography:
Flat
Direction Faces:
West
Bedrooms:
7
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
7
Kitchens Above Grade:
4
Rooms Above Grade:
14
Fractional Ownership:
No
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Unknown
Roof:
Asphalt Shingle, Membrane
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
2.0
Other Structures:
Fence - Full
Parking Features:
Lane
Parking Spaces:
0
Total Parking Spaces:
2.0
Family Room:
No
Possession Details:
30-90 days
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$8,683 /
2024
Assessment:
$- /
-
Toronto C01
Palmerston-Little Italy
Toronto
Fenced Yard, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Auto Garage Door Remote, Countertop Range, Water Heater
Deck, Porch
Carbon Monoxide Detectors, Smoke Detector
Two Water Heaters for $40.01/month.
Window AC on third floor and umbrella on balcony.
Wooden Swing in the Backyard Garden, All items in the garage belongs to Landlord's, front porch table and chairs, all lawn furniture, rain barrel.
Water Heater
Brick, Concrete
No
No
Floor
Type
Size
Other
Main
Bedroom
11'3.35 m × 10'7"3.23 m
Double Closet, Laminate, Large Window
Main
Bedroom
9'2"2.79 m × 9'2.74 m
Double Closet, Laminate, Large Window
Main
Living Room
17'10"5.44 m × 12'4"3.76 m
Laminate, Window
Main
Kitchen
9'5"2.87 m × 7'2"2.18 m
Granite Counters, Stainless Steel Appl, W/O To Yard
Second
Living Room
11'1"3.38 m × 10'8"3.25 m
Laminate, Large Window
Second
Kitchen
8'9"2.67 m × 8'5"2.57 m
Granite Counters, Stainless Steel Appl, Pot Lights
Second
Bedroom
10'1"3.07 m × 9'2"2.79 m
Laminate, Closet, Pot Lights
Second
Bedroom
11'6"3.51 m × 8'9"2.67 m
Laminate, Closet, Track Lighting
Third
Kitchen
15'2"4.62 m × 10'3.05 m
Granite Counters, Stainless Steel Appl, Open Concept
Data was last updated June 7, 2025 at 04:15 AM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$2,189,000
Min list price:
$1,250,000
Max list price:
$3,680,000
Avg days on market:
30
Min days on market:
2
Max days on market:
65
These statistics are generated based on the current listing's property type
and located in
Palmerston-Little Italy. 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.