132 MARION STREET

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! (id:67197)

Price

$1,995,000

Property Type

Multi-family

Transaction Type

For sale

Bedrooms

7

Bathrooms

5

Parking

6

MLS® Number

W13682774

Interior Size

3000 - 3500 sqft

Building Type

Other

Bedrooms Above Grade

6

Bedrooms Below Grade

1

Bathrooms

5

Basement

N/A (Finished)

Basement Development

Finished

Cooling

None

Exterior Finish

Brick

Fireplace

No

Foundation

Unknown

Heating Fuel

Natural gas

Interior Size

3000 - 3500 sqft

Stories

3

Water

Municipal water

Size Frontage

36 ft ,6 in

Size Depth

133 ft ,3 in

Acreage

No

Sewer

Sanitary sewer

Amenities Nearby

Hospital, Park, Place of Worship, Public Transit, Schools

• Hospital
• Park
• Place of Worship
• Public Transit
• Schools
• Water Heater