AS OF Jun 16, 2025

$985,000Asking Price

135 Fifth Street, Toronto, ON M8V 2Z5

New Toronto, Toronto

Semi-Detached
3 + 1
Bedrooms
2
Baths
4
Parking
Days on Market

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.

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.

Key Info

  • 2-Storey Semi-Detached
  • 4-Car Driveway
  • No Garage
  • Lakeshore Blvd / Islington
  • 1500-2000 Approximate Sq Feet
  • 100+ Years Approximate Age
  • Unfinished Basement
  • 2 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 16 x 118 Feet
  • Aluminum Siding/Brick Exterior
  • Taxes were $4,284 in 2024
  • Possession: T.B.D

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #W12192245
  • FOREST HILL REAL ESTATE INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 10.83' x 11.22' Vinyl Floor, Stainless Steel Appliances, Window
2 Kitchen Main 13.35' x 10.70' Laminate, Combined with Living
Washroom1 3-Piece Bathroom on Upper
Washroom1 4-Piece Bathroom on Main Floor

Who lives here?

New Toronto, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, education, law & public sector professionals, salespeople and tradespeople. Residents tend to be older with a significant number of babies, youth aged 20 to 24, adults aged 40 to 44, 40 to 44, 40 to 44 and 40 to 44 and seniors aged 65 to 69.

Created with Highcharts 7.1.2Highcharts.com
BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  (1.3)

Singles

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57% of residents are
single and loving it.

57% singles

Toronto (50%)
Gta (45%)

Renters

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58% of residents
are renters.

58% renters

Toronto (47%)
Gta (33%)

Education

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39% of residents are
university grads.

39% university grads

Toronto (48%)
Gta (44%)

Income

Average Household Income

$95K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ($135K)

Professions

Professions

Sales 16%
Business 10%
Government 9%
Trades 8%
Management 7%

Immigrants

Created with Highcharts 7.1.2Highcharts.com

37% of residents were
born outside of Canada.

37% immigrants

Toronto (48%)
Gta (45%)

Birthplace - All

Caribbean was once home to 4.2% of immigrants.
Poland 3.8%
Philippines 3.4%
India 1.8%
Ukraine 1.8%

4.2% from Caribbean
All-time

Birthplace - Recent

Philippines was once home to 0.6% of immigrants.
India 0.6%
China 0.4%
Nigeria 0.2%
Other South America 0.2%

0.6% from Philippines
Recent

Foreign Languages

Foreign Languages

Polish 5%
Tagalog 3%
Spanish 2%
French 2%
Ukrainian 2%

Religions

Religions

Christian 66%
Muslim 5%
Hindu 3%
Buddhist 1%
Jewish 1%

Social Housing

Social Housing Buildings

2

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)