$1,898,000
232 PEARSON AVENUE
Beds
6
Baths
4
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (High Park-Swansea). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Thoughtfully designed triplex offers exceptional versatility for investors, multigenerational families, or those wishing to live in one unit and lease others. Ideally situated on border of Swansea/High Park & Roncesvalles communities. Updated and meticulously maintained, the property is truly turn key. Includes three units- three bedroom on 2nd and 3rd floor, two bedroom on main floor and one bedroom on the lower level. Each unit is self contained with its own private entrance. Property Features 99 LED pot lights throughout, updated electrical wiring with additional panel, renovated kitchens (3) and bathrooms(4) completed between 2021-2024, all new appliances including laundry installed 2021-2026 and refreshed flooring throughout with a mix of hardwood, vinyl and porcelain. Each unit has its own convenient ensuite laundry facilities. Additional improvements include a new water heater owned (2022), front tuck pointing (2022). The fully fenced 136 foot deep backyard provides a generous outdoor retreat with a garden deck (2024), and garden shed (2023) for convenient storage. Unique to the home - nine foot ceilings on main floor, various stained glass windows, and sizable covered front porch and a second level terrace overlooking backyard. EXCELLENT location! - Steps from the vibrant Roncesvalles Village- shops, cafes, restaurants, a short 10 minute walk to High Park or Sunnyside Beach - Lake Ontario, conveniently close to TTC routes, Queen St. W. St. Joseph's Hospital, schools, and quick access to the Gardiner Expressway. Whether this is an investment property or a home you plan to make your own, add 232 Pearson Ave. to your list of considerations. All 3 units currently tenanted. (id:65958)
- Subtype
- Multi-family
- Structure
- Triplex
- Community
- High Park-Swansea
- Lot dimensions
- 25 x 136.3 FT
- Bedrooms
- 5 above grade, 1 below grade
- Parking
- 1 total
- Stories
- 2.5
- On market
- Mar 27, 2026
- Status changed
- Apr 23, 2026
- Annual tax
- $8,529 (2025)
- Zoning
- R(d0.6*290)
- Photos
- 46
- MLS#
- W12927644
- Area
- TORONTO_(HIGH_PARK-SWANSEA)
Features and systems
Parking
Basement
Appliances
Exterior
Flooring
Foundation
Cash on cash
-6.29%
Cap rate
3.61%
GRM
16.6
Break-even rent
$11,596
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.