85 Walmer Road

Toronto, ON M5R 2X6 ( Annex)

Quick Facts

Type: Fourplex

Style: 2 1/2 Storey

Size: Sq Ft

Age: Years

Taxes: $ 12,556 ( 2026)

Updated: 2026-04-29 17:00:11

Description

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.

Extras

Fourplex

Property

Status: For Sale

MLS #: C13021728

Price: $ 2,324,900

Address: 85 Walmer Road

Type:

Style: 2 1/2 Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 12,556

Tax Year: 2026

Lot Size:

Neighbourhood: Annex

Nearest Intersection: Bloor and Spadina

City: Toronto

Postal Code: M5R 2X6

DOM: 1 Day

Last Update: 2026-04-29 17:00:11

Building

Interior

Bedrooms: 8

Bathrooms: 6

Rooms: 0

Kitchens: 6

Family Room:

Fireplace:

Basement: Apartment,

Central Vacuum:

Exterior

Exterior: Brick,

Driveway:

Garage: Mutual

Garage Spaces:

Parking Spaces: 5.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Radiant

Heat Source: Gas

Air Conditioning: None

Water:

Sewers:

Features

Rooms