185 Walmer Road, Toronto, ON M5R 2X8
Toronto C02, ON, M5R 2X8 · Annex
About this property
Prime Annex Opportunity on Coveted Walmer Road. An exceptional opportunity to own a classic red-brick property in one of the Annex's most sought-after locations. Currently configured as four fully tenanted suites, the property offers a versatile mix of layouts and strong income potential. The spacious main floor features a 2-bedroom, 1-bathroom suite, while the second floor offers another 2-bedroom, 1-bathroom suite. The third floor includes a 1-bedroom, 1-bathroom suite with the added benefit of a private rooftop deck. The lower level offers a studio with a 3-piece bathroom. Adding to the appeal are five dedicated parking spaces at the rear - a rare and valuable feature in the Annex, where parking is consistently at a premium. Whether you're looking to add a well-located property to your investment portfolio or explore a future conversion or redevelopment opportunity, this property offers exceptional flexibility and upside in a prime Toronto location just steps to Dupont TTC subway station with the downtown core easily accessible for shopping, U of T., Yorkville, Bloor Street and amenities. New roof (2023), new flat roof (2025), new electric ranges (lower level and second floor - 2025).
Features & Amenities
- Basement: Full, Partially Finished, Apartment
- Garage: None
- Cooling: Window Unit(s)
- Heat Type: Radiant
- Heat Source: Gas
- Style: 2 1/2 Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 6 |
| Bathrooms | 4 |
| Basement | Full, Partially Finished, Apartment |
| Garage | None |
| Parking Spaces | 5 |
| Heat Type | Radiant |
| Heat Source | Gas |
| Cooling | Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $7,642 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- None
- Fireplace
- Yes
- Fireplace Features
- Wood
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick
- Foundation Details
- Unknown
- Roof
- Asphalt Shingle
- Basement
- Full, Partially Finished, Apartment
Heating & Cooling
- Heat Type
- Radiant
- Heat Source
- Gas
- Cooling
- Window Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 5
- Parking Total
- 5.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 123.08
- Lot Width
- 23.25
Community & Neighborhood
- Property Features
- Public Transit, Park, Hospital, Library, Rec./Commun.Centre, School
Financial & Tax
- Tax Annual Amount
- $7,642
- Tax Year
- 2026
- Possession Type
- Immediate
- Possession Details
- TBA
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 14
- Rooms Below Grade
- 2
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 5
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Toronto
- Cross Street
- Spadina Road & Dupont Street
- Directions
- West of Spadina Rd At Dupont St, Walmer Road Immediately South of Dupont St
- Special Designation
- Unknown
- Showing Requirements
- Go Direct, See Brokerage Remarks