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2852 Keele St 11 Unit Apartment Building $2,999,000 CAD ($272,636 CAD/Unit) Toronto, ON M3M 2G7


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.
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 | Building Class | C |
| Price Per Unit | $272,636 CAD | Lot Size | 0.27 AC |
| Sale Type | Investment | Building Size | 11,887 SF |
| No. Units | 11 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1954 |
| Property Subtype | Apartment | Parking Ratio | 1.93/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | CR | ||
| 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 | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
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2852 Keele St
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