185 Walmer Road, Toronto
Prime Annex Opportunity on Coveted Walmer Road. An exceptional opportunity to own a classic red-brick property in one of the Annex's most sought-after locations. Currently configured as four fully tenanted suites, the property offers a versatile mix of layouts and strong income potential. The spacious main floor features a 2-bedroom, 1-bathroom suite, while the second floor offers another 2-bedroom, 1-bathroom suite. The third floor includes a 1-bedroom, 1-bathroom suite with the added benefit of a private rooftop deck. The lower level offers a studio with a 3-piece bathroom. Adding to the appeal are five dedicated parking spaces at the rear - a rare and valuable feature in the Annex, where parking is consistently at a premium. Whether you're looking to add a well-located property to your investment portfolio or explore a future conversion or redevelopment opportunity, this property offers exceptional flexibility and upside in a prime Toronto location just steps to Dupont TTC subway station with the downtown core easily accessible for shopping, U of T., Yorkville, Bloor Street and amenities. New roof (2023), new flat roof (2025), new electric ranges (lower level and second floor - 2025). (id:1945)
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Property details for 185 Walmer Road, Toronto
- Type
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 4
- Lot Size
- 23.3 x 123.1 FT
- Stories
- 2.5
- Basement
- Partially finished, Full, Apartment in basement, N/A, N/A
- Parking
- No Garage
- Heating
- Radiant heat, Natural gas
- Cooling
- Window air conditioner
- Exterior
- Brick
- Annual Taxes
- $7,642 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 185 Walmer Road
Active Listings
4
Min Price
$1,250,000
Max Price
$4,498,000
Avg Price
$2,646,500
Days on Market
10
days
Sold Listings
1
Min Sold Price
$3,980,000
Max Sold Price
$3,980,000
Avg Sold Price
$3,980,000
Days until Sold
120
days
Neighbourhood Census Data
Toronto, Ontario
Population
609
Median Age
31.4
Median Income
$35,499
Dwelling Value
$1,600,431
Housing Tenure
Owners 31%
Renters 71%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 10,287.2/km²
Avg Shelter Cost: $1,879/mo
Owners with Mortgage: 43.8%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 48.6%
English only: 75.4%
English and French: 23.7%
Median Household Income: $75,904
Median Employment Income: $30,720
Price History
Listed
October 2, 2026
by CHESTNUT PARK REAL ESTATE LIMITED
Current Price
$1,250,000
Type
Multi-family
For Sale
