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115 Parkside Dr 4 Unit Apartment Building $2,495,000 CAD ($623,750 CAD/Unit) Toronto, ON M6R 2Y8

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Investment Highlights

  • Extensive rare parcel in High Park
  • Solid character building divided into units
  • Opportunity to build renovate or expand

Executive Summary

Welcome to a stately 1911 High Park residence set on an exceptional 50 x 175 ft lot. This rare estate-sized property features a private backyard oasis, exceptional depth, and parking for up to 12 vehicles via a wide paved driveway - a luxury almost impossible to find in the city. This is truly one of High Park's most compelling offerings - a grand early-century character home nestled in an expansive, park-like setting with beautiful, treed views. Currently configured as multiple apartments, this versatile property offers endless paths forward. Maintain its current layout, reimagine it into a 6+ unit multiplex with room for an ADU, or restore it to a magnificent single-family residence. With its generous footprint, stately facade, and classic 1911 architectural details, the potential here is extraordinary. Ideal For: Building your dream home (with space for a laneway or garden suite/ADU). Luxury redevelopment on a premium deep lot. Multiplex creation - potential for 6+ income-producing units. Multi-generational living - occupy one unit while renting the others. Builders, developers, and end-users alike will appreciate the ability to significantly increase unit density, boost rental income, or create a custom residence in a neighbourhood where demand consistently exceeds supply. Prime Parkside Location. Unmatched access to High Park's trails, gardens, sports facilities, and the lakefront. Flexible Use Options: Currently divided into apartments - ideal as a multiplex investment, multi-family residence, or complete redevelopment. Endless Potential: Renovate, expand, or build a landmark estate in one of Toronto's most desirable enclaves. Massive Backyard Sanctuary: Incredible depth ideal for outdoor living, gardening, recreation, or future expansion. Top-rated schools, TTC at your doorstep, minutes to Roncesvalles Village. Newer roof. Being sold as is where is. Buyer to complete due diligence on zoning bylaws and property measurements. Contact LA to learn about current configuration

Property Facts

Price $2,495,000 CAD
Price Per Unit $623,750 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 2,500 SF
No. Stories 3
Year Built 1911
Parking Ratio 4.8/1,000 SF
Zoning R(d0.6*290)

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38672664

  • Date on Market: 2025-12-05

  • Last Updated:

  • Address: 115 Parkside Dr, Toronto, ON M6R 2Y8

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