$3,999,900
Est. payment $17,711/moCalculate yours
93 Spadina Road, Toronto, ON M5R 2T1
Annex, Toronto, ON M5R 2T1
- 2 Beds
- 16 Baths
- 5,000 Sq Ft
Listing courtesy of RE/MAX ULTIMATE REALTY INC. MLS® C13753714
About this home
Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of approx. $268,000 with a projected NOI of $195,000. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors’ dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto’s most resilient neighborhood.
Property details
Overview
- Property Type
- Multiplex
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Size
- 5,000 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 16
- Kitchens
- 16
- Total Rooms
- 0
- Basement
- Apartment
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Window Unit(s)
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 32 x 130 Feet
- Parking
- None garage · 3 total
- Zoning
- R (D1*900)
Financial
- Property Taxes
- $12,722 (2026)
Location
- Neighbourhood
- Annex
- Cross Street
- Spadina Rd & Bloor St W
- Direction Faces
- East
Listing
- MLS® Number
- C13753714
- Days on Market
- 40
- Listed On
- 2026-09-08
- Possession
- Immediate
- Listed By
- RE/MAX ULTIMATE REALTY INC.
Features
Interior
- Central Vacuum
- Intercom
Pool
- None
- Included
- 1 Coin-Operated Washer & Dryer (proven secondary income stream); 4 Full-Sized Fridges & 12 Undercounter Fridges; 1 Stove, 2 Cooktops, 1 Oven& 13 Hot Plates; 1 Central Vacuum System; 11 Window A/C Units; 3 Security Cameras & Digital Monitoring Equipment. All existing ElectricalLight Fixtures (ELF) & Window Coverings not owned by tenants.
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$17,711 per month
- Principal and interest
- $17,711
- Property tax
- $1,060
- Condo fees
- $0
- Estimated monthly cost
- $18,771
Your mortgage
- Mortgage amount
- $3,199,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $2,113,288
Cash to close
- Down payment
- $799,980
- Land transfer tax (Ontario + Toronto)
- $182,944
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $982,924
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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