85 Walmer Road, Toronto
A five-unit Annex Semi Detached property with the kind of envelope and location that is not being built at today's replacement cost. Legal four-plex above grade plus a legal non-conforming lower suite across 5,225+ sq.ft. on Walmer Road, one of the most tenured income streets in central Toronto. In-place rents sit well below current Annex benchmarks. Income reflects long-tenured tenancies rather than today's market. The unit mix is differentiated - not five interchangeable bachelors. Unit 2 on the main floor is a 1,396 sq.ft. parlour-floor residence with a 21-foot living room, fireplace, oversized kitchen, and a 17-foot principal bedroom. Unit 5 on the third floor (1,171 sq.ft.) is configured with two kitchens, two four-piece baths, two primary bedrooms, an office, and a dining room - lives as one generous suite today. Unit 4 (758 sq.ft.) has a four-piece ensuite, walk-in closet, and living space. Unit 3 (710 sq.ft.) is a full one-bedroom with fireplace, kitchen, and dining. Unit 1 in the lower level (1,191 sq.ft., legal non-conforming) reads as a proper apartment: one-bedroom plus 15-foot den, full kitchen, three-piece bath, and private utility room. Three distinct buyer paths converge here. For the investor, five legal income streams on a single folio, a demand floor set by U of T, downtown professionals, and the Dupont / Spadina subway corridor. For the owner-investor - Multiple units are suitable and are amongst the most substantial owner's suites found inside a purpose-built Annex income property; live in it and let the other four units carry the debt while optionality is preserved. For the long-view buyer planning a single-family reversion - 5,225+ sq. ft. of interior envelope is a credible footprint for a top-of-market Annex restoration, and the existing plumbing stacks, kitchens, and floor plates make either path possible without starting from zero. Walking distance to Bloor Street, Casa Loma, the University of Toronto, and the Spadina subway line. (id:1945)
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Property details for 85 Walmer Road, Toronto
- Type
- Multi-family
- Bedrooms
- 8
- Bathrooms
- 6
- Lot Size
- 29.8 x 127.7 FT
- Stories
- 2.5
- Basement
- Apartment in basement, N/A
- Parking
- Detached Garage, Garage
- Heating
- Radiant heat, Natural gas
- Cooling
- None
- Exterior
- Brick
- Annual Taxes
- $12,556
Nearby Listings Stat
Estimated price and comparable properties near 85 Walmer Road
Active Listings
2
Min Price
$2,324,900
Max Price
$5,850,000
Avg Price
$4,087,450
Days on Market
141
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Toronto, Ontario
Population
316
Median Age
34.4
Median Income
$49,408
Dwelling Value
$1,395,082
Housing Tenure
Owners 41%
Renters 59%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 10,063.7/km²
Avg Shelter Cost: $1,998/mo
Owners with Mortgage: 27.3%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 43.8%
English only: 73%
English and French: 27%
Median Household Income: $85,248
Median Employment Income: $48,640
Price History
Listed
April 20, 2026
by BOSLEY REAL ESTATE LTD.
Current Price
$2,324,900
Type
Multi-family
For Sale
