AS OF May 29, 2025

$2,390,000Asking Price

120 Mcgill Street, Toronto, ON M5B 1H6

Yonge-Dundas Square, Toronto

Other
5 + 1
Bedrooms
6
Baths
1
Parking
Days on Market

<< Please see virtual tour>> Attention all investors and landlords. Completely renovated freehold Victorian townhome. This 3 unit townhome featuring A total of 6 spacious bedrooms, 3 modern kitchens and 6 bathrooms. Over 2200 sf of living space, 10 ft ceilings on the main floor, a large third-floor deck, and a stunning private backyard retreat with a shed. Main floor is a large 1 bedroom 1 washroom unit. 2nd and 3rd floor unit has 4 bedrooms and 4 ensuite's. Basement is a separate entrance 1 bedroom. Nestled in a heart of downtown next to a few big high rise condos. This property has the potential to be purchased by future developers. Also comes with one parking spaces that are currently rented by Spot Hero. Conveniently located just steps from Toronto Metropolitan University (formerly Ryerson), and within walking distance to U of T, hospitals, shopping, dining, the entertainment district, and public transit. Consistently fully rented. This investment property is a positive cashflow gem! Priced to sell come get it before it's gone! **EXTRAS** 3 Fridge, 3 Stoves, 3 Hood, 2 Washer & Dryer, Existing Window Coverings, Alf, Upgraded - Electrical Wiring, Central A/C/Furnace, HWT, Windows. Approx. 119K In Gross Income - 5.72% Cap Rate! Must assume tenants in leases w/ good market rent!

<< Please see virtual tour>> Attention all investors and landlords. Completely renovated freehold Victorian townhome. This 3 unit townhome featuring A total of 6 spacious bedrooms, 3 modern kitchens and 6 bathrooms. Over 2200 sf of living space, 10 ft ceilings on the main floor, a large third-floor deck, and a stunning private backyard retreat with a shed. Main floor is a large 1 bedroom 1 washroom unit. 2nd and 3rd floor unit has 4 bedrooms and 4 ensuite's. Basement is a separate entrance 1 bedroom. Nestled in a heart of downtown next to a few big high rise condos. This property has the potential to be purchased by future developers. Also comes with one parking spaces that are currently rented by Spot Hero. Conveniently located just steps from Toronto Metropolitan University (formerly Ryerson), and within walking distance to U of T, hospitals, shopping, dining, the entertainment district, and public transit. Consistently fully rented. This investment property is a positive cashflow gem! Priced to sell come get it before it's gone! **EXTRAS** 3 Fridge, 3 Stoves, 3 Hood, 2 Washer & Dryer, Existing Window Coverings, Alf, Upgraded - Electrical Wiring, Central A/C/Furnace, HWT, Windows. Approx. 119K In Gross Income - 5.72% Cap Rate! Must assume tenants in leases w/ good market rent!

Key Info

  • 3-Storey Other
  • 1 Parking
  • No Garage
  • Carlton Street And Church
  • 1500-2000 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $6,240 in 2024
  • Possession: Immediate

Details

  • Brick Exterior
  • No Fireplace
  • 3 + 1 Kitchens
  •  
  • MLS #C11944550
  • EXP REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 10.99' x 8.17' Ceramic Floor, Window, Gas Fireplace
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom2 3-Piece Bathrooms
Washroom1 3-Piece Bathroom

Who lives here?

Yonge-Dundas Square, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives, business, science, health, education, law & public sector and arts & culture professionals and salespeople. It has a higher than average population of immigrants from China. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.

Created with Highcharts 7.1.2Highcharts.com
BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

0.6

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  (1.3)

Singles

Created with Highcharts 7.1.2Highcharts.com

66% of residents are
single and loving it.

66% singles

Toronto (50%)
Gta (45%)

Renters

Created with Highcharts 7.1.2Highcharts.com

61% of residents
are renters.

61% renters

Toronto (47%)
Gta (33%)

Education

Created with Highcharts 7.1.2Highcharts.com

68% of residents are
university grads.

68% university grads

Toronto (48%)
Gta (44%)

Income

Average Household Income

$101K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ($135K)

Professions

Professions

Business 16%
Sales 15%
Government 12%
Management 9%
Sciences 9%

Immigrants

Created with Highcharts 7.1.2Highcharts.com

40% of residents were
born outside of Canada.

40% immigrants

Toronto (48%)
Gta (45%)

Birthplace - All

China was once home to 5.0% of immigrants.
India 4.2%
Caribbean 2.2%
Philippines 2.2%
Hong Kong 1.5%

5.0% from China
All-time

Birthplace - Recent

China was once home to 2.1% of immigrants.
India 1.9%
Philippines 0.8%
Iran 0.7%
Eritrea 0.5%

2.1% from China
Recent

Foreign Languages

Foreign Languages

Mandarin 5%
Cantonese 4%
French 3%
Arabic 3%
Spanish 3%

Religions

Religions

Christian 41%
Muslim 9%
Hindu 3%
Buddhist 2%
Jewish 2%

Social Housing

Social Housing Buildings

4

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

6

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)