5.4% cap rate! Rare 8-Plex in Garden District Downtown Toronto An exceptional investment opportunity: two side-by-side fourplexes with separate ownership parcels, offering rare flexibility for future resale, refinancing, or strategic portfolio planning. Eight Rental Units Across Two Buildings: Income-generating property with one current vacancy for immediate upside. Strong Tenancy History: Low vacancy and reliable cash flow from long-term residents. Unbeatable Transit Connectivity: Located in the heart of downtown with excellent walk, bike, and transit scores. Steps to multiple TTC routes, streetcar lines, and minutes from subway stations. Proximity to the future Ontario Line ensures long-term growth in accessibility and property value. Laneway Parking for 4 Vehicles: A premium urban amenity that supports tenant demand and higher rents. Potential for Laneway House: Opportunity for additional density and value (buyer to verify).Heritage-Designated Properties: Architectural character that enhances long-term desirability. Vendor Take-Back (VTB) Possible: Flexible seller financing available for qualified buyers. Located in one of Toronto's most dynamic and evolving neighbourhoods, this asset blends location, income, and future potential an ideal addition to any investors portfolio. Existing tenants to be assumed, please do not ask for vacant possession
Address
105 - 107 Pembroke Street
List Price
$2,500,000
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2 1/2 Storey
Area
Toronto C08
Sub-Area
Moss Park
County
Toronto
Bedrooms
10 + 2
Bathrooms
10
Floor Area
3500 - 5000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
138
Lot Shape
Rectangular
Lot Size Units
Feet
Lot Width
41
Approx. Age
100+ Years
MLS® Number
C12211133
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Basement Area
Apartment
Postal Code
M5A 2N9
Parking
Lane
Parking Places (Total)
4
Tax Amount
$15,872.26
Tax Year
2024
Interior Features
None
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Brick
Direction Faces
East
Fireplace
Yes
Fireplace Features
Other
Foundation Details
Unknown
Garage Type
None
Kitchens Total
8
Pool Features
None
Roof
Unknown
View Type
City
Sewer
Sewer