$2,199,000
85 Walmer Road, Toronto, ON M5R 2X6
Annex · Toronto · M5R 2X6
Listing brokerage: BOSLEY REAL ESTATE LTD.
- Beds
- 8
- Baths
- 6
- Sq ft
- 3500–5000
- Parking
- 5
Monthly costs
Property taxes
$1,046/mo
$12,556 a year (2026)
The home
- Lot size
- 29.8 × 127.7 ft
- Style
- 2 1/2 Storey
- Basement
- Apartment
- Parking
- 5 spots · Detached
- Faces
- East
- Age
- 100+ years
- Heating · cooling
- Radiant
- Possession
- Immediate
About this home
A five-unit Annex Semi Detached property with the kind of envelope and location that is not being built at today's replacement cost. Legal four-plex above grade plus a legal non-conforming lower suite across 5,225+ sq.ft. on Walmer Road, one of the most tenured income streets in central Toronto. In-place rents sit well below current Annex benchmarks. Income reflects long-tenured tenancies rather than today's market. The unit mix is differentiated - not five interchangeable bachelors. Unit 2 on the main floor is a 1,396 sq.ft. parlour-floor residence with a 21-foot living room, fireplace, oversized kitchen, and a 17-foot principal bedroom. Unit 5 on the third floor (1,171 sq.ft.) is configured with two kitchens, two four-piece baths, two primary bedrooms, an office, and a dining room - lives as one generous suite today. Unit 4 (758 sq.ft.) has a four-piece ensuite, walk-in closet, and living space. Unit 3 (710 sq.ft.) is a full one-bedroom with fireplace, kitchen, and dining. Unit 1 in the lower level (1,191 sq.ft., legal non-conforming) reads as a proper apartment: one-bedroom plus 15-foot den, full kitchen, three-piece bath, and private utility room. Three distinct buyer paths converge here. For the investor, five legal income streams on a single folio, a demand floor set by U of T, downtown professionals, and the Dupont / Spadina subway corridor. For the owner-investor - Multiple units are suitable and are amongst the most substantial owner's suites found inside a purpose-built Annex income property; live in it and let the other four units carry the debt while optionality is preserved. For the long-view buyer planning a single-family reversion - 5,225+ sq. ft. of interior envelope is a credible footprint for a top-of-market Annex restoration, and the existing plumbing stacks, kitchens, and floor plates make either path possible without starting from zero. Walking distance to Bloor Street, Casa Loma, the University of Toronto, and the Spadina subway line.
All details21 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing
Interior
- Bedrooms
- 8
- Bathrooms
- 6
- Kitchens
- 6
- Rooms
- 17
- Size
- 3500-5000 sq ft
Features
- Other
Heating & Cooling
- Heat source
- Gas
Parking
- Covered spaces
- 3
Features
- Mutual
Exterior & Lot
- Exterior
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
Utilities
- Sewer
- Sewer
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- C13817514
- Type
- Fourplex
- Transaction
- For Sale
- Neighbourhood
- Annex
- Cross streets
- Bloor and Spadina
- Co-listing brokerage
- BOSLEY REAL ESTATE LTD.
Rooms · 6Washroom ×6
4-piece washroom
Main
4-piece washroom
Second
4-piece washroom
Second
2 × 4-piece washroom
Third
4-piece washroom
Basement
History
Past listings and sales for this home and building.
Location
85 Walmer Road, Toronto, ON M5R 2X6 · Near Bloor and Spadina
Monthly cost
Estimated monthly cost
$10,783/mo
- Mortgage
- $9,737
- Property tax
- $1,046
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$525,069
$439,800 down + $85,269 to $86,519 in closing costs
- Ontario land transfer tax
- $41,450
- Toronto land transfer tax
- $41,450
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Property tax adjustment
- $619
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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$2,199,000
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