+33 more
16
Bedrooms
11
Bathrooms
4,617.71 sqft
Lot
2
Parking
About This Property
This 16-bedroom, 11-bathroom multiplex in Toronto offers a 4,617.71 sqft lot. The property has cross street Lake Shore Blvd W & Kipling Avenue, zoned C1-AV. The home features gas heating, wall unit(s), a apartment basement.
MLS Remarks
This very profitable legal apartment building comprises ten well-maintained units, strategically situated just two minutes away from Humber College. Its prime location makes it a highly desirable investment for those seeking strong returns and stable demand. The property offers versatility in management, as it can be operated either as a traditional rental or as an Airbnb business. This flexibility provides potential owners with the opportunity to choose the model that best suits their investment strategy and market conditions. The current tenant base is primarily composed of Humber College students. This revolving tenancy ensures a steady influx of occupants, contributing to the building's consistent profitability year after year. Significant renovations were completed in 2017 and 2019, resulting in the building being in excellent condition. These upgrades have enhanced the property's appeal and ensured that all units meet modern standards. The building is equipped with advanced security and safety amenities, including: Keyless/Key scan access for secure entry; API fire monitoring system; 24/7 security cameras installed throughout the premises; LED lighting for improved visibility and energy efficiency. A new roof was installed in 2017, providing long-term durability and protection. Additionally, the building features a tankless boiler system, ensuring efficient heating and optimal energy usage for all tenants. The units have separate meters (7 existing and 4 approved).
Property History
| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Feb 19, 2026 | Listed For Sale | W12803806 | $3,999,900 | — |
| Feb 19, 2026 | Listed For Sale | W12803770 | $3,999,900 | — |
| Feb 19, 2026 | Cancelled | W12742858 | $4,495,000 | — |
| Jan 30, 2026 | Listed For Sale | W12742858 | $4,495,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
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