505 Parkside Drive, Toronto, ON M6R 2Z9
Toronto W01
Discover an exceptional investment opportunity in one of Toronto's most desirable west-end locations. 505 Parkside Dr is a turnkey, upgraded property with 4 self-contained units, situated directly across from High Park and steps away from Keele TTC station. This property has been meticulously maintained by an experienced owner, ensuring operational efficiency and long-term stability. Recent upgrades include newer roofing, eavestroughs, downspouts and fascia, windows and blinds, vinyl flooring, 200 Amp electrical panel, tankless water heater, sump pumps (2), radiators, interior doors, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.85%**, with minimal need for repositioning.Tenants benefit from efficient floorplans, outstanding convenience, and lifestyle appeal. The property is just a 3-minute walk to Keele Subway Station and only 15 minutes to the UP Express, ensuring seamless access to downtown and beyond. Steps from the lively Roncesvalles Village, residents have access to some of the city's best cafés, restaurants, and local shops, further enhancing tenant appeal and retention.A rare opportunity to acquire a turn-key asset in a premier west-end location with stable income, strong fundamentals, and enduring demand.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 505 Parkside Drive, Toronto, ON M6R 2Z9
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# W13050314
Listed by ROYAL LEPAGE TERREQUITY BESPOKE REALTY
On market since Apr 27, 2026
505 Parkside Drive, Toronto, ON M6R 2Z9 is listed for $2,049,000 CAD.
505 Parkside Drive, Toronto, ON M6R 2Z9 has 5 bedrooms and 4 bathrooms.
505 Parkside Drive, Toronto, ON M6R 2Z9 is a Detached.
505 Parkside Drive, Toronto, ON M6R 2Z9 is in Toronto W01, Ontario.
505 Parkside Drive, Toronto, ON M6R 2Z9 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 505 Parkside Drive, Toronto, ON M6R 2Z9 (MLS# W13050314). You can also send a message through the contact form on this site.
