132 MARION STREET
Toronto (Roncesvalles), Ontario
MLS® W13682774
$1,995,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- W13682774
- Bedrooms
- 7
- Bathrooms
- 5
- Year built
- —
1 / 51Listing description
The Ultimate Roncesvalles Investment - Prime Double Vacancy Opportunity! 132 Marion St offers a rare chance for seasoned investors or end-users looking to house-hack and subsidize their lifestyle. This legacy-held 5-plex features a spacious, freshly painted & refreshed 3-bedroom main floor unit (vacant!)
, plus a 2-bedroom unit turned over August 1st - giving you immediate double vacancy to set your own market rents or move right in! Note: Interior photos of the 3-bedroom and 2-bedroom units were taken prior to the previous tenants moving out. The 3-bedroom has since been freshly painted and touched up; the 2-bedroom has had cabinets replaced and repaired.
A true "densification dream" under Toronto's 6-plex reforms, featuring a rare 4-car coach house and private driveway. Heavy lifting is complete with meticulous exterior & capital upgrades: Brand-New Roof ($66k, 2026), Fresh Paint ($13k, 2026), and Full Garage Renovation ($20k+, 2025). Interior provides a brilliant blank canvas to renovate to taste and unlock a projected ~$145k gross income - current listing price represents a 5% cap rate on conservative assumptions.
See Schedule for full capex/reno history (~$166k invested) & financials!
Property summary
- MLS® number
- W13682774
- Property type
- Multi-family
- Building type
- Other
- Land size
- 36.5 x 133.3 FT
- Annual property taxes
- $11,318.84
- Parking
- 6 spaces · Detached Garage, Garage
- Days on market
- 31 days
Features & details
- Heating
- Natural gas
- Cooling
- None
- Basement
- Finished, Walk out, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater
- Exterior features
- Brick
What would this home cost you?
Based on the $1,995,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.