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Investment signal

$1,999,000

189 PARKSIDE DRIVE

Beds

6

Baths

4

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

W O W !!! Heart Of High Park **** Legal Non Conforming 4 Unit Investment Property Overlooks High Park ** Private Drive With Parking In Rear *** Hardwood Floors *** Great Income ** Extras:4 Fridges, 4 Stoves, 1 Coin-Op Washer And Dryer, All Electrical Light Fixtures * Parking For 4 Cars * (id:65958)

Subtype
Multi-family
Structure
Fourplex
Community
High Park-Swansea
Lot dimensions
35 x 125 FT
Bedrooms
5 above grade, 1 below grade
Parking
4 total
Stories
2.5
On market
Apr 8, 2026
Status changed
Apr 16, 2026
Annual tax
$10,256 (2025)
Photos
29
MLS#
W12970002
Area
TORONTO_(HIGH_PARK-SWANSEA)

Features and systems

Parking

No Garage

Basement

FinishedSeparate entranceN/AN/A

Appliances

WasherRefrigeratorStoveDryer

Heating

Radiant heatNatural gas

Cooling

None

Exterior

Brick

Flooring

HardwoodCeramic

Foundation

Unknown

Utilities

SewerElectricity
Negative cash flow ~$3,806/mo at these assumptions

Cash on cash

-11.42%

Cap rate

3.60%

GRM

16.7

Break-even rent

$14,006

Financing

Down payment$399,800
Loan amount$1,599,200
Mortgage$9,811/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$916
Insurance$80
Maintenance$1,666
CapEx reserve$833
Vacancy loss$500

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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.

Mortgage estimate

Estimated $9,811/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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