132 Marion Street
The Ultimate Roncesvalles Investment - Prime Double Vacancy Opportunity! 132 Marion St offers a rare chance for seasoned investors or end-users looking to house-hack and subsidize their lifestyle. This legacy-held 5-plex features a spacious, freshly painted & refreshed 3-bedroom main floor unit (vacant!), plus a 2-bedroom unit turned over August 1st - giving you immediate double vacancy to set your own market rents or move right in! Note: Interior photos of the 3-bedroom and 2-bedroom units were taken prior to the previous tenants moving out. The 3-bedroom has since been freshly painted and touched up; the 2-bedroom has had cabinets replaced and repaired. A true "densification dream" under Toronto's 6-plex reforms, featuring a rare 4-car coach house and private driveway. Heavy lifting is complete with meticulous exterior & capital upgrades: Brand-New Roof ($66k, 2026), Fresh Paint ($13k, 2026), and Full Garage Renovation ($20k+, 2025). Interior provides a brilliant blank canvas to renovate to taste and unlock a projected ~$145k gross income - current listing price represents a 5% cap rate on conservative assumptions. See Schedule for full capex/reno history (~$166k invested) & financials!
Features of 132 Marion Street
| MLS® # | W13682774 |
|---|---|
| Price | $1,995,000 |
| Bedrooms | 6 |
| Bedrooms Plus | 1 |
| Bathrooms | 5.00 |
| Square Footage | 3000-3500 |
| Type | Residential Freehold |
| Sub-Type | Multiplex |
| Style | 3-Storey |
| Status | Active |
Community Information
| Address | 132 Marion Street |
|---|---|
| Area | Toronto |
| Neighborhood | Roncesvalles |
| City | Toronto W01 |
| Province | ON |
| Postal Code | M6R 1E7 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Garage Parking Spaces | 4 |
| Garage Type | Detached |
| Pool | None |
Interior
| Heating | Water |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Finished with Walk-Out |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | ROYAL LEPAGE SIGNATURE REALTY |
|---|