For sale · Multiplex · 3-Storey
93 Spadina Road.
Annex, Toronto, ON M5R 2T1
Buyer's market
House market in Annex. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 10 days. Market data
Sales-to-new-listings ratio, last 3 months: 30%
Months of supply: 9.2
What it means
- Buyer's market in Annex: houses take about 10 days to sell.
- About 9.2 months of houses for sale in Annex at the current pace of sales.
At a glance
About this home
Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of approx. $268,000 with a projected NOI of $195,000. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood.
Home details
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The homeproperty type, style, heating, cooling
- Property type
- Multiplex
- Style
- 3-Storey
- Heating
- Baseboard
- Cooling
- Window Unit(s)
- Basement
- Apartment
- Lot size
- 32 × 130 feet
- Possession
- Immediate
Parking and storageparking, garage
- Parking
- 3
- Garage
- None
Fees and taxesproperty taxes
- Property taxes
- $12,722 (2026)
What is includedAppliances and fixtures
1 Coin-Operated Washer & Dryer (proven secondary income stream); 4 Full-Sized Fridges & 12 Undercounter Fridges; 1 Stove, 2 Cooktops, 1 Oven& 13 Hot Plates; 1 Central Vacuum System; 11 Window A/C Units; 3 Security Cameras & Digital Monitoring Equipment. All existing ElectricalLight Fixtures (ELF) & Window Coverings not owned by tenants.
What it could cost each month
— a month, estimated
With 20% down. Includes property tax. Estimate only.
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- Mortgage—
- Mortgage insurance (added to loan)—
- Property tax—
Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.
Sale and listing history
Past sales at this address are for members
A free account shows past sale prices and dates, sold prices nearby, and alerts when similar homes list.
The area
The neighbourhood
The Annex
Victorian and Annex-style homes on leafy streets, steps from Bloor and U of T.
Listing brokerage · MLS® C13753714Re/max Ultimate Realty Inc.Data last updated Oct 7, 2026 8:56 pm.
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