Exceptional 10-unit investment property in South Etobicoke. Completely renovated in 2018, featuring new wiring, plumbing, and modern kitchens with quartz counters and stainless steel appliances. Each unit includes in-suite laundry and A/C. The basement's height is 7.6 feet, and a security system with 6 cameras provides peace of mind. A 2020 roof and 6 parking spaces complete this impressive offering. The total square footage, as per floor plans, measures an impressive 6,648 square feet. The property's location adds to its appeal, with its proximity to the waterfront, walking/cycling trails, schools, Humber College's Lakeshore Campus, and public transit (including GO Train access). The existing mortgage is available for takeover at a rate of 3.30% with a maturity date at the end of 2028.
8 bedrooms, 10 bathrooms, about 5,000 sq ft, works out to roughly $899 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 121 Fourth St
Every detail from the listing, in one place.
Type
Multiplex
Style
3-Storey
Living space
5000 + sq ftas stated on the listing
Lot size
50.00 x 118.00 Feet
Parking
6 spaces
Basement
Apartment
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Apartment
Lot & land
Lot dimensions
50.00 x 118.00 Feet
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Multiplex
121 Fourth St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$22,083
/mo
based on the purchase price of $4,495,000
$899,000 cash
$3,596,000 financed
$3,028,776 total interest
Principal54%$3,596,000
Interest46%$3,028,776
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 8–20 bed homes for sale in Toronto around $4.5M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5110.5%On average, homes sold at or above asking.
Active listings12,615Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 2 – Jul 31, 2026.
Based on 9,278 sales from Jul 31 – Oct 29, 2026 (6,995 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
121 Fourth St is listed at $4,495,000 (MLS® W12450015). Summitly updates the price as soon as the MLS® record changes.
Is $4,495,000 a good price for 121 Fourth St?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 121 Fourth St changed?
Yes — it was first listed at $4,950,000 and is now $4,495,000, a drop of $455,000 (9.2%).
How many bedrooms and bathrooms does 121 Fourth St have?
121 Fourth St has 8 bedrooms and 10 bathrooms, with about 5,000 square feet of living space. It is a multiplex in Toronto.
Is 121 Fourth St close to transit?
The nearest rapid-transit station is Mimico GO Station (Lakeshore West GO), about 1.6 km (about a 21-minute walk) in a straight line. Long Branch GO Station is about 3.7 km, and Kipling Station is about 4.7 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 121 Fourth St?
About $22,083 a month — principal and interest on $4,495,000 with 20% down ($899,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 121 Fourth St compare with other homes in Toronto?
Its asking price of $4,495,000 is about 435% above the median sold price in Toronto over the last 90 days, $840,000, across 9,278 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 121 Fourth St been sold before?
Summitly has no earlier MLS® sale or lease of 121 Fourth St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 121 Fourth St?
121 Fourth St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 121 Fourth St been on the market?
387 days — 121 Fourth St was listed on October 7, 2025.
What is the price per square foot of 121 Fourth St?
About $899 per square foot: the asking price of $4,495,000 over the 5,000 sq ft the listing gives.
