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132 MARION STREET, Toronto (Roncesvalles) — listed at $1,895,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
The Ultimate Roncesvalles Opportunity! 132 Marion St offers a rare chance for seasoned investors, live-in buyers looking to subsidize their mortgage, or visionary buyers looking to build their dream home in one of Toronto's premier neighbourhoods. This legacy 5-plex features a spacious, freshly painted 3-bedroom main floor unit (vacant!), plus a vacant 2-bedroom unit-giving you immediate double vacancy to set market rents, move in, or execute your custom redesign! Highlighted by Toronto's 6-plex reforms, a rare coach house/garage with room for 2 cars inside plus total parking for up to 5 vehicles in the rear, and a private driveway. Major capital upgrades completed: Brand-New Roof ($66k, 2026), Paint ($13k, 2026), and Full Garage Renovation ($20k+, 2025). Potential ~$145k gross income (~5% cap rate). See Schedule for capex history (~$166k invested) & pro forma! (id:60164)
How is the space laid out across floors?+
This is a 3-storey multi-family. The 7 bedrooms and 5 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is 132 MARION STREET a good fit for a growing family?+
With 7 bedrooms and 5 bathrooms, there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
What makes this a luxury property?+
At $1,895,000, standout features include 5 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What's the parking situation?+
This property includes 6 spaces — Detached Garage, Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $11,318.84, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
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