$2,199,000
FOR SALE

Detached 2 1/2 Storey

Bedrooms: 5Bathrooms: 4Lot: 24.18 x 100.07 ft
2025 Taxes: $7,555.95

505 Parkside Dr
Toronto, ON M6R 2Z9 | High Park-Swansea

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 4.55%**, 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.
Extras
Carpet Free
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Listed By ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W13050314
Last Updated May 04, 2026
Property Summary
Property Type Detached

More like this:
PIN 213490163
Legal Description PT LT 58-59 PL 1226 TORONTO PT 5 63R3562; CITY OF TORONTO
Possession Date 30/60/TBA
Taxes (2025) $7,555.95
Directions/Cross Streets Parkside Ave and Bloor St W
Neighbourhood High Park-Swansea
Area Toronto
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 5
Bathrooms 4
Lot 24.18 x 100.07 ft
Exterior Brick
Air Conditioning Other
Fireplace/Stove Y
Basement Apartment
Garage Type None
Parking Spaces 1
Heat Source Gas
Heat Type Radiant
Sewers Sewer

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