+ 35 photos
For Sale
MLS®# C12873104
93 Spadina Road, Toronto, ON M5R 2T1
Toronto C02, ON M5R 2T1
$4,399,900
Est. $18,688/mo · 20% down, 25-yr, 4.09%
2Beds
16Baths
32 × 130 ftLot
3Parking
MultiplexType
About this property
Immaculately cared for incredible turnkey residential investment in the heart of the Annex featuring 16 total units across two buildings (14 studios in the main building and a coach house with 2 one-bedroom units). Boasting a gross revenue of $263,160.04 and a potential NOI of $205,987.47. Private drive with 3 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. Extremely high rental demand area with pretty much zero vacancy. This is an investors dream property. Every time there is a vacancy there are so many applications you get to choose the best tenants. Rare opportunity in Toronto's most resilient neighborhood.
Property Summary
Property TypeMultiplex
Square Footage5000 + sq ft
Community NameAnnex
Land Size32.00 x 130.00 Feet
Annual Property Taxes$12,502.00
Tax Year2025
Parking TypeNone Garage
Building details
Bedrooms2
Bathrooms / washrooms16 — 2-pc Basement, 2-pc Main, 2-pc Second, 2-pc Third, 3-pc Flat
Kitchens8 + 8
Property typeMultiplex
Architectural style3-Storey
Lot & land
Lot dimensions32.00 x 130.00 Feet
Lot frontage32 ft
Lot depth130 ft
Interior Features
Basement FeaturesApartment
Interior FeaturesCentral Vacuum, Intercom
Inclusions1 Coin-Operated Washer & Dryer (proven secondary income stream); 4 Full-Sized Fridges & 12 Undercounter Fridges; 1 Stove, 2 Cooktops, 1 Oven & 13 Hot Plates; 1 Central Vacuum System; 11 Window A/C Units; 3 Security Cameras & Digital Monitoring Equipment. All existing Electrical Light Fixtures (ELF) & Window Coverings not owned by tenants.
Building Features
Foundation TypeBrick
Style3-Storey
RoofAsphalt Shingle
ConstructionBrick
Building Amenities
PoolNone
Rental Equipment
Rental equipmentHot Water Tank
Heating & Cooling
CoolingWindow Unit(s)
Heating TypeBaseboard
Heating SourceElectric
Utilities
Utility SewerSewer
Parking
Parking TypeNone Garage
Total Parking Spaces3
Taxes & fees
Annual taxes$12,502 (2025)
Listing history
On market sinceMar 11, 2026
Location
Toronto C02, ON M5R 2T1
Listed by RE/MAX ULTIMATE REALTY INC., Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.