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Multiplex35 days on market

$3,999,900

93 Spadina Road, Toronto, ON M5R 2T1

Annex · Toronto · M5R 2T1

Listing brokerage: RE/MAX ULTIMATE REALTY INC.

Beds
2
Baths
16
Sq ft
5000 +
Parking
3

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.

Details

Interior

Bedrooms
2
Bathrooms
16
Washrooms
3 × 2-piece (Basement), 4 × 2-piece (Main), 4 × 2-piece (Second), 3 × 2-piece (Third), 2 × 3-piece (Flat)
Kitchens
16
Rooms
0
Size
5000 + sq ft
Basement
Apartment
Central vacuum
Yes
Features
Central Vacuum, Intercom

Heating & Cooling

Heating
Baseboard
Heat source
Electric
Cooling
Window Unit(s)

Parking

Garage
None
Total spaces
3
Covered spaces
0

Exterior & Lot

Style
3-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Brick
Lot size
32 × 130 feet
Faces
East
Pool
None

Utilities

Sewer
Sewer

Taxes & Fees

Property taxes
$12,722 (2026)
HST
Not Subject to HST

Listing

MLS® number
C13753714
Type
Multiplex
Transaction
For Sale
Neighbourhood
Annex
Cross streets
Spadina Rd & Bloor St W
Possession
Immediate

History

Past listings and sales for this home and building.

Location

93 Spadina Road, Toronto, ON M5R 2T1 · Near Spadina Rd & Bloor St W

Monthly cost

Estimated monthly cost

$18,771/mo

Mortgage
$17,711
Property tax
$1,060
Down payment$799,980 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

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