For Sale: 85 Walmer Road, Toronto, ON - REW
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$2,324,900
8 bd • 6 ba • 3500 - 4999 sf • Multifamily
85 Walmer Road
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$2,324,900
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85 Walmer RoadToronto, ON, M5R 2X6

Yorkville
  • 8 Bed
  • 6 Bath
  • 3500 - 4999 Sqft
  • Multifamily

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. (id:63626)
Listed by: BRAD GIBSON, Salesperson, BOSLEY REAL ESTATE LTD.

Home facts and features

Price details
List Price
$2,324,900
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Gross Taxes for 2026
$12,556
Home facts
Bedrooms
8
Full Bathrooms
6
Parking Spaces
5
Parking Details
Detached Garage, Garage
Property Type
Multifamily
Depth
127.7 feet
Frontage
29.9 feet
Exterior Finish
Brick
Heating Type
Radiant heat, Natural gas
Basement Details
Apartment in basement,
Appliances
All
Community
Agent details
Primary Agent
BRAD GIBSON
Primary Broker
BOSLEY REAL ESTATE LTD.
Secondary Agent
Secondary Broker
BOSLEY REAL ESTATE LTD.
Listing details
Days on REW
92 Days
Property Views
44
MLS® Number
C13021728
Source
Canadian Real Estate Association
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Property Insights

Jackman Institute of Child Study
  • Private
  • NS - 6
Royal St George's College
  • Private
  • 3 - 12
Taddle Creek Montessori School
  • Private
  • NS - 8
Huron Street Junior Public School
  • Public
  • JK - 6
Howlett Academy
  • Private
  • JK - 8
Paul Penna Downtown Jewish Day School
  • Private
  • SK - 6
University of Toronto Schools
  • Private
  • 7 - 12
Waldorf Academy
  • Private
  • PS - 8
Palmerston Avenue Junior Public School
  • Public
  • JK - 6
Central TS
  • Public
  • 9 - 12
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Call Agent
Salesperson
BRAD GIBSON
Phone:
416-648-5020
Office:
416-322-8000
Broker
LISA JANE LONSDALE
Phone:
416-322-8000
Office:
416-322-8000
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