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Investment Highlights

  • Ample on-site parking is provided with 5 garages and 6 additional surface parking spaces, complemented by convenient laneway access.
  • Significant rental upside potential, presenting investors with an opportunity to increase income over time.
  • Additional revenue stream generated through on-site coin-operated laundry facilities.
  • Recent capital improvements include a new roof, contributing to reduced nearterm maintenance requirements.

Executive Summary

This well-maintained multi-residential property features a two-storey walk-up design with a lower level, comprising 10 spacious two-bedroom suites and 1 bachelor unit. Recent capital improvements include a new roof, helping to reduce near-term maintenance requirements and enhance long-term durability. The building offers ample on-site parking with 5 garages and 6 surface spaces, supported by convenient rear laneway access. Additional income is generated through on-site coin-operated laundry facilities, while separate metering for hydro, telephone, and cable supports efficient utility management.
Residents benefit from well-appointed common areas featuring attractive terrazzo flooring, as well as individual lower-level storage lockers that add practical value. The property has obtained a 2025 fire safety certificate, providing confidence in regulatory compliance. With significant rental upside potential, this asset presents a compelling opportunity for investors to enhance income over time. Ideally situated in a well-established neighborhood, the property enjoys close proximity to York University, Hennick Humber Hospital, public transit, retail amenities, and schools.

Property Facts

Price $2,999,000 CAD
Price Per Unit $272,636 CAD
Sale Type Investment
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.27 AC
Building Size 11,887 SF
No. Stories 3
Year Built 1954
Parking Ratio 1.93/1,000 SF
Zoning CR

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - -
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
  • Listing ID: 40366294

  • Date on Market: 2026-05-01

  • Last Updated:

  • Address: 2852 Keele St, Toronto, ON M3M 2G7

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