Gurvinder Nokwal REALTOR®
For Sale Multiplex 116 days on market

$2,100,000

Est. payment $9,298/moCalculate yours

56 WRIGHT Avenue, Toronto, ON M6R 1K8

Roncesvalles, Toronto, ON M6R 1K8

  • 5 + 1 Beds
  • 5 Baths
  • 1,500 Sq Ft
Map

Listing courtesy of RE/MAX ULTIMATE REALTY INC. MLS® W13484466

About this home

A rare investment opportunity in the heart of Toronto’s highly coveted Roncesvalles Village. Situated on a large lot, this detached multiplex is currently configured as five self-contained residential units, including a basement apartment, offering strong income potential in one of the city’s most desirable west-end neighbourhoods. This beautifully renovated building features bright and inviting units throughout, complemented by professionally landscaped front and rear grounds, including a charming shared rear courtyard space. Additional basement storage space provides added convenience and utility. Ideally located just steps from Sorauren Park, vibrant cafés, acclaimed restaurants, boutique shopping, transit, and the renowned Roncesvalles retail strip. An exceptional opportunity to acquire a well-maintained multi-residential asset in a premier urban location with strong tenant appeal, stable income potential, and long-term upside.

Property details

Overview

Property Type
Multiplex
Style
2-Storey
For
For Sale
Status
New
Size
1,500 sqft

Interior

Bedrooms
5 + 1
Bathrooms
5
Kitchens
5
Basement
Apartment

Building & Systems

Heating
Radiant (Gas)
Cooling
Other
Exterior
Stucco (Plaster)
Foundation
Other
Roof
Flat
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
25 x 132 Feet
Parking
None garage

Financial

Property Taxes
$9,123 (2026)

Location

Neighbourhood
Roncesvalles
Cross Street
Wright Ave / Sorauren Ave
Direction Faces
North

Listing

MLS® Number
W13484466
Days on Market
116
Listed On
2026-06-24
Possession
tbd
Listed By
RE/MAX ULTIMATE REALTY INC.

Features

Interior

  • Other

Property

  • Park
  • Public Transit
  • Rec./Commun.Centre
  • School
  • Place Of Worship
  • Hospital

Pool

  • None

Mortgage calculator

Minimum for this price: $420,000 (20%)

Amortization, years

Estimated mortgage payment

$9,298 per month

Principal and interest
$9,298
Property tax
$760
Estimated monthly cost
$10,059

Your mortgage

Mortgage amount
$1,680,000
Mortgage insurance
Not needed
Interest over 25 years
$1,109,504

Cash to close

Down payment
$420,000
Land transfer tax (Ontario + Toronto)
$77,950
Total, before legal fees
$497,950
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

56 WRIGHT Avenue, Toronto, ON M6R 1K8 Roncesvalles, Toronto, ON M6R 1K8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,100,000 56 WRIGHT Avenue, Toronto, ON M6R 1K8
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