$1,799,000
499 Parkside Drive
High Park-Swansea, Toronto
Detached
MLS® W13835894 · RE/MAX WEST REALTY INC.
1 / 50$1,899,000
High Park-Swansea, Toronto, ON
—
Bedrooms
5
Bathrooms
3528
Sq Ft
1
Parking
Exceptional mixed-use investment opportunity in a highly desirable Dundas West location. Right in the middle of the desirable High Park/Roncesvalles communities. This well-positioned property offers a unique combination of commercial and residential income, featuring nearly 1800 sq. ft. of main-floor commercial space, plus the finished basement and garage, currently occupied by an established coffee shop/yoga studio. Two separate residential rental units provide additional income, creating three distinct income streams. All units are separately metered, with no landlord-paid utilities. The commercial tenancy offers a 3-year term with 3% annual contractual rent increases, providing investors with predictable income growth and future NOI appreciation. 2026 property taxes are approximately $16,169. Current gross scheduled rental income is approximately $125,430 annually, with projected income growth over the commercial lease term. An excellent opportunity for investors seeking a diversified mixed-use asset with established tenancy and built-in rental growth.
No obligation
Talk through your goals, timeline and next steps with Stephen Rochester — buying, selling, investing or a specific property.
Listing data is provided through our authorized MLS® feed and is deemed reliable but not guaranteed. Information is refreshed regularly and may change without notice — contact Stephen to confirm current availability.
Powered by REALTOR.ca — MLS®, REALTOR® and associated logos are trademarks owned by The Canadian Real Estate Association (CREA), identifying real estate professionals who are members of CREA.
View this listing on REALTOR.ca$1,799,000
High Park-Swansea, Toronto
Detached
MLS® W13835894 · RE/MAX WEST REALTY INC.
$2,149,000
Lawrence Park South, Toronto
Detached
MLS® C13835804 · RE/MAX HALLMARK BATORI GROUP INC.
$1,599,000
South Riverdale, Toronto
Detached
MLS® E13835342 · SAGE REAL ESTATE LIMITED