An exceptional opportunity for investors! This fully turnkey, legal 4-plex is a true trophy asset, offering four beautifully updated units in Toronto's Runnymede Village. The property features two spacious 2-bedroom suites, a bright two-storey 1-bedroom loft, and a 1-bedroom basement apartment each complete with its own kitchen and 3-piece bath.Fully renovated in 2015, with updates to the roof, electrical, windows, appliances, and finishes, the property has been meticulously maintained and thoughtfully upgraded. Each unit enjoys a dedicated outdoor storage locker, along with shared access to a convenient coin-operated laundry area. Parking is abundant, with laneway access for three vehicles plus two additional surface spaces. The laneway also offers potential for a future structure of up to approximately 1,700 sq. ft. Steps to transit, shops, restaurants, and High Park, this is a prime turnkey investment in one of Toronto's most desirable west-end neighbourhoods.
Address
531 Runnymede Road
List Price
$2,200,000
MLS® Status
New
Expiration Date
2026-02-17
Property Type
Residential Freehold
Type of Dwelling
Fourplex
Style of Home
3-Storey
Transaction Type
Sale
Area
Toronto W02
Sub-Area
Junction Area
Region
Toronto
Bedrooms
5 + 1
Bedrooms (Total)
6
Rooms Above Grade
15
Rooms Below Grade
6
Bathrooms
4
Floor Area
2500-3000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
126.58
Lot Size Units
Feet
Lot Width
32.5
Parcel Number
213620055
Occupant Type
Partial
Cross Street
Runnymede Rd & Annette St
MLS® Number
W12552806
Listing Brokerage
Royal Lepage Real Estate Associates
Basement Area
Finished with Walk-Out
Postal Code
M6S 2Z8
Posession Details
Flexible
Parking
Lane, Front Yard Parking, Other, Available, Private
Parking Places (Total)
5
Parking Spaces
5
Tax Amount
$9,388.38
Tax Year
2025
Interior Features
Separate Heating Controls, Separate Hydro Meter, Storage Area Lockers
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Heat Pump
Cooling Features
Other, Wall Unit(s)
Construction Materials
Stone, Stucco (Plaster)
Direction Faces
North
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
3
Kitchens Below Grade
1
Other Structures
Other
Pool Features
None
Roof
Shingles
Tax Legal Description
PT LT 31-32 PL 822 WEST TORONTO JUNCTION AS IN CT69087; CITY OF TORONTO
Security Features
Other
Waterfront
No
Sewer
Sewer