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Duplex · Listed 0 days ago

124 Close Toronto,ON M6K 2V5

Toronto, ON, Canada

5 Beds3 Baths2,500–2,500 sqft0 Built

List price

$1,150,000

Why This Property?

This 2,500 sq ft, three-storey South Parkdale semi is configured as a bachelor suite and a four-bedroom residence, offering two separate living spaces and established rental income. King and Queen streetcars, Exhibition GO and Parkdale Collegiate Institute serve the surrounding area.

Facts & Features

Highlights

  • fireplace
  • waterfront

Bedrooms & bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full: 3
  • Half: 0

Living Area

  • 2,500–2,500 sqft

Stories

Lot size

  • 0.045 acres

Year built

  • 0

Property type

  • Duplex

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      About This Property

      Not your typical income property-this solid home offers beautiful character, established rental income and exciting possibilities. Whether you\'re an investor looking for rental income, a multi-generational family or a buyer dreaming of making a character-filled Toronto home your own, 124 Close Avenue offers the charm, generous square footage and versatility to suit a variety of visions.This spacious and beautifully preserved three-storey semi sits on a quiet, one-way street in the heart of South Parkdale, offering approximately 2,500 sq. ft. of living space, beautiful architectural details and a location that\'s hard to beat. Currently configured with two separate living spaces, including a main-floor bachelor suite and a spacious four-bedroom residence spanning three levels, the property generates excellent income.Think soaring ceilings, original fireplaces, gracious wide hallways and the kind of timeless character you just don\'t find in newer homes. With approximately $150,000 invested in renovations and improvements, the home\'s original charm has been thoughtfully preserved while bringing it into the present.And then there\'s the neighbourhood. Walk to Liberty Village, Roncesvalles, Queen West, grocery stores, coffee shops, great restaurants and some of the city\'s best local spots. The King and Queen streetcar lines are just steps away, while the waterfront, parks, scenic bike trails and access to the Gardiner Expressway are all just minutes from your doorstep.It\'s the kind of location that makes everyday living easy, with an appeal that works just as well for homeowners as it does for tenants. A home full of character, established income and possibilities for whatever comes next.

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      More Listings

      Listing Broker

      RE/MAX PROFESSIONALS INC.

      MLS® TRREB · Listing #W14029340

      Frequently Asked Questions

      Everything you need to know about valuing and buying with RealOrca.

      How is the duplex currently configured?
      It has two separate living spaces: a main-floor bachelor suite and a four-bedroom residence spanning three levels.
      What transit options are available nearby?
      TTC streetcars run on King and Queen, and Exhibition GO Station serves the Lakeshore West line.
      What is a duplex, and how is it typically used in Toronto?
      A duplex is a residential property with two self-contained units within one building. In Toronto, duplexes are often used either by owner-occupiers who live in one unit and rent the other, or by investors looking for flexible multi-unit housing in established neighbourhoods.
      What should buyers know about financing a duplex in Toronto?
      Lenders may assess a duplex differently than a single-family home because rental income can factor into affordability calculations. Buyers should expect the mortgage process to include a review of income, down payment, occupancy plans, and the condition of both units.
      Are duplexes common in Toronto neighbourhoods near transit?
      Yes. Duplexes are often found in older, well-connected neighbourhoods where access to TTC subway, streetcar, bus routes, and sometimes GO Transit is a major advantage. Transit access can be especially important for households that commute within Toronto or across the GTA.
      What features are buyers often looking for in a Toronto duplex?
      Common priorities include separate entrances, independent kitchens and bathrooms, good sound separation, functional layouts, parking if available, and strong rental potential. Proximity to schools, parks, and transit is also a frequent consideration.