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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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57 Cowan Avenue, Toronto W01, ON M6K 2N1

Multiplex For Sale | W12890260Sale

Listing ID: W12890260
$1,995,000
9 Bedrooms
9 Bathrooms
Listing ID #W12890260
Property Description

An exceptional and rarely available opportunity to acquire a fully leased 9-unit multiplex in the heart of South Parkdale, one of Toronto’s most vibrant and rapidly gentrifying neighbourhoods just steps to trendy King Street West, transit, shops, restaurants, and every day amenities. This well-maintained income property offers zero vacancy, stable tenants, and an excellent cap rate, making it a compelling addition to any investor’s portfolio with strong in-place cash flow and long-term upside.The building features nine self-contained units including two small one-bedroom suites, four well-sized one-bedroom plus living room apartments, and three studio units on the upper floor, creating a diverse unit mix that appeals to a broad tenant base. The current owner has been strategically renovating units as they become vacant, and several suites have already been upgraded, offering clear potential for continued improvements and increased rental income overtime.Situated on a quiet residential street, the property also includes a private backyard with shed and potential for a future parking pad, creating additional value and income possibilities. The building has been well maintained with a good roof and freshly painted doors, and benefits from responsible long-term tenants. Zoned “Multiplex With 7 Or More Self-Contained Units, ” this is a very rare chance to secure a turn key multi-unit investment in a prime west-end Toronto location with strong cash flow today and meaningful long-term appreciation potential.

Basic Details
Listing ID : W12890260
Listing Type : Sale
Price : $1,995,000
View : City
Bathrooms : 9
Status : Active
Property Sub Type : Multiplex
Roof : Asphalt Shingle
Map
Address Map
57
Cowan
US
ON
Toronto
Toronto W01
M6K 2N1
Avenue
East
King/Dufferin
Property Area
South Parkdale
Features
: Wall Unit(s)
: None
: Finished, Apartment, Separate Entrance
: 3-Storey
: Patio, Deck, Porch
: Other
: Sewer
Rooms
9
Additional Information
: Brick
: Concrete
2389000
Financial
13445.73
Listing Information
Price Change
2026-04-14T22:32:24Z
TRREB

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