181 Parkside Drive, Toronto - Sold for $1,540,000 | Modern Solution Realty

181 Parkside Drive, Toronto

181 Parkside Drive in Toronto - 6 bedroom, 4 bathroom. Sold for $1,540,000. Listed at $1,595,000.

Exceptional Investment Opportunity Overlooking High Park. This rare, detached 3-storey multi-unit property offers four self-contained units in one of Toronto's most coveted neighborhood's. The current configuration includes two spacious two-bedroom units and two well-appointed one-bedroom units, providing strong and flexible rental income with an attractive 4.25% cap rate. Set directly across from High Park, the property boasts unobstructed park views and is just minutes to the subway, making it highly desirable for tenants and end users alike. A detached two-car garage with an additional parking space adds exceptional value, along with potential for a garden suite (buyer to verify), further enhancing future upside. Ideal for investors, end users, or multi-generational living, the property offers the option to live in one unit while renting out the others, or the potential to convert back to a stunning single-family residence. A truly versatile asset in a premier location, surrounded by green space, transit, and urban conveniences.

Property Details

  • Property Type: Mortgage
  • Style: 3-Storey
  • Square Footage: 2250 sqft
  • Basement: Apartment
  • Heating: Gas
  • Cooling: Window Unit(s)
  • Parking: 3 spaces
  • Property Taxes: $8,755/yr
  • Neighbourhood: High Park-Swansea
  • Postal Code: M6R 2Y9

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