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For sale · Triplex · 2 1/2 Storey

505 Parkside Drive.

High Park-Swansea, Toronto, ON M6R 2Z9

On the market51 days
MLS® W13751916Courtesy of Royal Lepage Terrequity Bespoke Realty
Bedrooms5
Bathrooms4
Lot24.18 x 100.07 ftFrontage by depth, as listed
Parking1None

Buyer's market

House market in High Park-Swansea. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 14 days. Market data

Sales-to-new-listings ratio, last 3 months: 30%
Months of supply: 5.0

What it means

  • Buyer's market in High Park-Swansea: houses take about 14 days to sell.
  • About 5.0 months of houses for sale in High Park-Swansea at the current pace of sales.

At a glance

Property taxes$7,688 / year
BasementApartment
Size2,000–2,500 sq ft
Possession30/60/tba

About this home

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 4.98%**, 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 cafes, 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.

Home details

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The homeproperty type, style, size, heating
Property type
Triplex
Style
2 1/2 Storey
Size
2,000–2,500 sq ft
Heating
Radiant
Cooling
Other
Basement
Apartment
Lot size
24.18 × 100.07 feet
Possession
30/60/tba
Parking and storageparking, garage
Parking
1
Garage
None
Fees and taxesproperty taxes, price per sq ft
Property taxes
$7,688 (2026)
Price per sq ft
$887
Rooms16 rooms with sizes
RoomLevelSizeFeatures
BedroomBasement2.29 × 2.79 mcloset · window
BedroomSecond3.18 × 2.9 mwindow · closet
FoyerGround2.79 × 1.27 mW/O To Porch
KitchenGround3.15 × 3.96 mcentre island · stainless steel appl · w/o to deck
Living RoomSecond5.33 × 3 mcombined w/dining · window · closet
Furnace RoomBasement4.04 × 2.9 mcombined w/laundry · stainless steel sink
FoyerGround2.54 × 1.55 mW/O To Porch
KitchenSecond2.13 × 3.96 mstainless steel appl · window
BedroomThird4.22 × 3.58 mcombined w/living · window
Bedroom 2Second3.38 × 3.12 mwindow · closet
KitchenThird3.4 × 2.34 mcombined w/dining · stainless steel appl · window
Living RoomBasement3.05 × 2.9 mcombined w/kitchen · window
BedroomGround4.32 × 3.12 mwindow · closet
Living RoomGround5.41 × 3.12 mbay window · fireplace
KitchenBasement2.29 × 2.9 mcombined w/living · stainless steel appl
OtherGround3.15 × 2.82 m
What is includedAppliances and fixtures

4 Stoves, 4 Fridges, 3 B/I Dishwashers, 2 Washers, 2 Dryers, Portable A/C (2), Portable heaters (3).(see Feature sheet/scheduleC)

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

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The area

Listing brokerage · MLS® W13751916Royal Lepage Terrequity Bespoke RealtyData last updated Sep 11, 2026 5:44 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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