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 4.85%**, 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.
505 Parkside Dr. Toronto On M6r 2z9 is located in Toronto W01, ON (M6R 2Z9).
505 Parkside Dr. Toronto On M6r 2z9 is listed for sale at $2,049,000.
This detached home offers 5 bedrooms and 4 bathrooms.
It is a detached home.
Annual property taxes are approximately $7,556 (2025).
Yes — 505 Parkside Dr. Toronto On M6r 2z9 includes 1 parking space.
Contact Barbara Beers and the Barbara Beers Real Estate team at +1-905-634-2335 or barbara@barbarabeers.com to book a private showing or request more details.
Direct phone and email for this listing are not available from the MLS feed.
Purchase Price
Estimate only. Does not include property taxes, insurance, or fees. Actual rates may vary. Contact us for personalized mortgage guidance.
Listing Brokerage: ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Co-Listing Brokerage: ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Advertised By: Royal LePage® Burloak Real Estate Services
MLS®, REALTOR®, and associated logos are trademarks of CREA.
505 Parkside Dr. Toronto On M6r 2z9, Toronto W01, ON, M6R 2Z9
City: Toronto W01
Price: $1,749,000 - $2,349,000
Type: Residential
Bedrooms: 5+
Bathrooms: 4+