on May 26, 2025

$1,625,000 Sold Price

$1,799,900Asking Price

35 Third Street, Toronto, ON M8V 2X7

New Toronto, Toronto

Multiplex
8 + 2
Bedrooms
6
Baths
5
Parking
Days on Market

Purpose-built sixplex in prime South Etobicoke, steps to Lake Ontario and Prince of Wales Park. Solid brick construction with four 2-bedroom units. All units are spacious and well-laid out, with good natural light. Quiet residential street near parks, trails, schools, and transit. Total sq ft 4,746 as per floor plans. Recent capital improvements include: full electrical rewiring (2022), fire safety upgrades (2022) new PVC sewer line (2020), and roof replacement (2012). Units are separately metered (hydro). Coin-operated laundry on-site adds additional income. Private drive with Five surface parking spots at rear. Reliable tenant profile with significant upside on turnover-rents are currently below market. Strong long-term hold with stable income and potential to improve cashflow. Low vacancy area with consistent rental demand. Excellent location close to the lake, shops, transit, and major highways. Ideal for investors seeking a turn-key multi-unit asset in a desirable west-end neighbourhood. PROPERTY IS FULLY TENANTED, ALL TENANTS TO BE ASSUMED. DO NOT ASK FOR VACANT POSSESSION. Please do not disturb tenants or walk the property without an appointment. One year Property Management Included, ask LA for details. FREE PROPERTY MANAGEMENT FOR ONE YEAR.

Purpose-built sixplex in prime South Etobicoke, steps to Lake Ontario and Prince of Wales Park. Solid brick construction with four 2-bedroom units. All units are spacious and well-laid out, with good natural light. Quiet residential street near parks, trails, schools, and transit. Total sq ft 4,746 as per floor plans. Recent capital improvements include: full electrical rewiring (2022), fire safety upgrades (2022) new PVC sewer line (2020), and roof replacement (2012). Units are separately metered (hydro). Coin-operated laundry on-site adds additional income. Private drive with Five surface parking spots at rear. Reliable tenant profile with significant upside on turnover-rents are currently below market. Strong long-term hold with stable income and potential to improve cashflow. Low vacancy area with consistent rental demand. Excellent location close to the lake, shops, transit, and major highways. Ideal for investors seeking a turn-key multi-unit asset in a desirable west-end neighbourhood. PROPERTY IS FULLY TENANTED, ALL TENANTS TO BE ASSUMED. DO NOT ASK FOR VACANT POSSESSION. Please do not disturb tenants or walk the property without an appointment. One year Property Management Included, ask LA for details. FREE PROPERTY MANAGEMENT FOR ONE YEAR.

Key Info

  • 2-Storey Multiplex
  • 4+ Parking
  • No Garage
  • Lakeshore Blvd West & Islington Ave
  • 3000-3500 Approximate Sq Feet
  • No Ensuite Laundry
  • Water Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $8,598 in 2024
  • Possession: TBA

Details

  • Brick Exterior
  • No Fireplace
  • 6 + 2 Kitchens
  •  
  • MLS #W12104955
  • HARVEY KALLES REAL ESTATE LTD.

Extras

Room Floor Dimensions Details
Washroom2 4-Piece Bathrooms
Washroom2 4-Piece Bathrooms
Washroom2 4-Piece Bathrooms 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

Created with Highcharts 7.1.2Highcharts.com

57% of residents are
single and loving it.

57% singles

Toronto (50%)
Gta (45%)

Renters

Created with Highcharts 7.1.2Highcharts.com

58% of residents
are renters.

58% renters

Toronto (47%)
Gta (33%)

Education

Created with Highcharts 7.1.2Highcharts.com

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)