$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
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
Estimated mortgage payment
$9,298 per month
- Principal and interest
- $9,298
- Property tax
- $760
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $497,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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