$2,199,000
85 Walmer Road, Toronto, ON M5R 2X6
Annex · Toronto · M5R 2X6
Listing brokerage: BOSLEY REAL ESTATE LTD.
- Beds
- 8
- Baths
- 6
- Sq ft
- 3500-5000
- Parking
- 5
About this home
A five-unit Annex Semi Detached property with the kind of envelope and location that is not being built at today's replacement cost. Legal four-plex above grade plus a legal non-conforming lower suite across 5,225+ sq.ft. on Walmer Road, one of the most tenured income streets in central Toronto. In-place rents sit well below current Annex benchmarks. Income reflects long-tenured tenancies rather than today's market. The unit mix is differentiated - not five interchangeable bachelors. Unit 2 on the main floor is a 1,396 sq.ft. parlour-floor residence with a 21-foot living room, fireplace, oversized kitchen, and a 17-foot principal bedroom. Unit 5 on the third floor (1,171 sq.ft.) is configured with two kitchens, two four-piece baths, two primary bedrooms, an office, and a dining room - lives as one generous suite today. Unit 4 (758 sq.ft.) has a four-piece ensuite, walk-in closet, and living space. Unit 3 (710 sq.ft.) is a full one-bedroom with fireplace, kitchen, and dining. Unit 1 in the lower level (1,191 sq.ft., legal non-conforming) reads as a proper apartment: one-bedroom plus 15-foot den, full kitchen, three-piece bath, and private utility room. Three distinct buyer paths converge here. For the investor, five legal income streams on a single folio, a demand floor set by U of T, downtown professionals, and the Dupont / Spadina subway corridor. For the owner-investor - Multiple units are suitable and are amongst the most substantial owner's suites found inside a purpose-built Annex income property; live in it and let the other four units carry the debt while optionality is preserved. For the long-view buyer planning a single-family reversion - 5,225+ sq. ft. of interior envelope is a credible footprint for a top-of-market Annex restoration, and the existing plumbing stacks, kitchens, and floor plates make either path possible without starting from zero. Walking distance to Bloor Street, Casa Loma, the University of Toronto, and the Spadina subway line.
Details
Interior
- Bedrooms
- 8
- Bathrooms
- 6
- Washrooms
- 1 × 4-piece (Main), 1 × 4-piece (Second), 1 × 4-piece (Second), 2 × 4-piece (Third), 1 × 4-piece (Basement)
- Kitchens
- 6
- Rooms
- 17
- Size
- 3500-5000 sq ft
- Basement
- Apartment
- Features
- Other
Heating & Cooling
- Heating
- Radiant
- Heat source
- Gas
- Cooling
- None
Parking
- Garage
- Detached
- Total spaces
- 5
- Covered spaces
- 3
- Features
- Mutual
Exterior & Lot
- Style
- 2 1/2 Storey
- Exterior
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Lot size
- 29.83 × 127.67 feet
- Faces
- East
- Pool
- None
Utilities
- Sewer
- Sewer
Taxes & Fees
- Property taxes
- $12,556 (2026)
- HST
- Included In
Listing
- MLS® number
- C13817514
- Type
- Fourplex
- Transaction
- For Sale
- Neighbourhood
- Annex
- Cross streets
- Bloor and Spadina
- Age
- 100+
- Possession
- Immediate
- Co-listing brokerage
- BOSLEY REAL ESTATE LTD.
History
Past listings and sales for this home and building.
Location
85 Walmer Road, Toronto, ON M5R 2X6 · Near Bloor and Spadina
Monthly cost
Estimated monthly cost
$10,783/mo
- Mortgage
- $9,737
- Property tax
- $1,046
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
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