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For sale · Multiplex · 3-Storey

93 Spadina Road.

Annex, Toronto, ON M5R 2T1

On the market50 days
MLS® C13753714Courtesy of Re/max Ultimate Realty Inc.
Bedrooms2
Bathrooms16
Lot32 x 130 ftFrontage by depth, as listed
Parking3None

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

Property taxes$12,722 / year
BasementApartment
PossessionImmediate

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—
  • 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

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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.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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$3,999,9002 bed · 16 bathBook a showing