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$2,049,000
For SaleListed 85 days agoVirtual Tour

505 Parkside Drive, Toronto, ONM6R 2Z9

High Park-Swansea
5
4
2,000–2,500 ft²
Detached1 Parking24.18 × 100.07 ft Lot
Listed by ROYAL LEPAGE TERREQUITY BESPOKE REALTY

Monthly Cost

Property Information

Property TypeDetached
Bedrooms5
Bathrooms4
Size2,000–2,500 ft²
Lot Size24.18 × 100.07 ft
BasementApartment
Parking1 parking space · Right Of Way
Property taxes$7,556/yr (2025)
Days on Market85 Days
Listed DateApr 27, 2026
MLS® NumberW13050314

Listing History

Event
Date
Price
Listed
Apr 27, 2026
$2,049,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Description

Discover an exceptional investment opportunity in one of Toronto's most desirable west-end locations. 505 Parkside Dr is a turnkey, upgraded property with 4 self-contained units, situated directly across from High Park and steps away from Keele TTC station. This property has been meticulously maintained by an experienced owner, ensuring operational efficiency and long-term stability. Recent upgrades include newer roofing, eavestroughs, downspouts and fascia, windows and blinds, vinyl flooring, 200 Amp electrical panel, tankless water heater, sump pumps (2), radiators, interior doors, and most appliances. Current rents are at market level and investors benefit from a strong cap rate of 4. 85%, with minimal need for repositioning. Tenants benefit from efficient floorplans, outstanding convenience, and lifestyle appeal. The property is just a 3-minute walk to Keele Subway Station and only 15 minutes to the UP Express, ensuring seamless access to downtown and beyond. Steps from the lively Roncesvalles Village, residents have access to some of the city's best cafés, restaurants, and local shops, further enhancing tenant appeal and retention. A rare opportunity to acquire a turn-key asset in a premier west-end location with stable income, strong fundamentals, and enduring demand.

Location

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School Zones

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About High Park-Swansea

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Who lives here

A snapshot of this home’s immediate area — the census dissemination area it sits in.

46%
Homeowners
64%
Households with kids
$88,000
Median income
47
Median age
2.3
Avg. household size
78%
University degree
16%
Newcomers (immigrants)
Age profile331 residents
Under 2016%
20–3418%
35–6435%
65+31%

StatCan 2021 Census · this home’s dissemination area (DA 35201405). Values are randomly rounded by Statistics Canada for privacy.

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Jul 21, 2026
Show data source & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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Sold & closed data

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.