$2,199,000Asking Price
505 Parkside Drive, Toronto W01, ON M6R 2Z9
High Park, Toronto
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 strong in-place income 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.
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 strong in-place income 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.
See MoreKey Info
- 2.5-Storey Detached
- 1-Car Driveway
- No Garage
- Parkside Ave and Bloor St W
- 2000-2500 Approximate Sq Feet
- Basement Apartment
- 4 Kitchens
- Radiant Gas Heating
- A/C
Property
- Lot Size 24.18 x 100.07 Feet
- Brick Exterior
- Taxes were $7,555 in 2025
- Possession: 30/60/TBA
Details
- Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #W13050314
- ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Foyer | Ground | 9.15' x 4.17' | Walkout To Porch |
| 2 | Foyer | Ground | 8.33' x 5.09' | Walkout To Porch |
| 3 | Kitchen | Ground | 10.33' x 12.99' | Centre Island, Stainless Steel Appliances, Walkout To Deck |
| 4 | Other | Ground | 10.33' x 9.25' | |
 | 1 4-Piece Bathroom | |||
| 1 4-Piece Bathroom on Ground Floor | |||
| 1 4-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
High Park, Toronto is a west Toronto neighbourhood notable for its renters, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 49.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
49%
of residents are
single and loving it.
49% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
63%
of residents
are renters.
63% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
64%
of residents are
university grads.
64% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$132K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 13% |
| Government | 13% |
| Business | 12% |
| Management | 10% |
| Sciences | 9% |
Immigrants
32%
of residents were
born outside of Canada.
32% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
2.7% from Poland
All-time
Birthplace - Recent
0.5% from India
Recent
Foreign Languages
Foreign Languages
| Polish | 3% |
| French | 3% |
| Spanish | 3% |
| Russian | 2% |
| Ukrainian | 2% |
Religions
Religions
| Christian | 54% |
| Muslim | 3% |
| Hindu | 2% |
| Jewish | 1% |
| Buddhist | 1% |
Social Housing
Social Housing Buildings
2
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
