Not your typical income property-this solid home offers beautiful character, established rental income and exciting possibilities. Whether you're an investor looking for rental income, a multi-generational family or a buyer dreaming of making a character-filled Toronto home your own, 124 Close Avenue offers the charm, generous square footage and versatility to suit a variety of visions.This spacious and beautifully preserved three-storey semi sits on a quiet, one-way street in the heart of South Parkdale, offering approximately 2,500 sq. ft. of living space, beautiful architectural details and a location that's hard to beat. Currently configured with two separate living spaces, including a main-floor bachelor suite and a spacious four-bedroom residence spanning three levels, the property generates excellent income.Think soaring ceilings, original fireplaces, gracious wide hallways and the kind of timeless character you just don't find in newer homes. With approximately $150,000 invested in renovations and improvements, the home's original charm has been thoughtfully preserved while bringing it into the present.And then there's the neighbourhood. Walk to Liberty Village, Roncesvalles, Queen West, grocery stores, coffee shops, great restaurants and some of the city's best local spots. The King and Queen streetcar lines are just steps away, while the waterfront, parks, scenic bike trails and access to the Gardiner Expressway are all just minutes from your doorstep.It's the kind of location that makes everyday living easy, with an appeal that works just as well for homeowners as it does for tenants. A home full of character, established income and possibilities for whatever comes next.
5 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $575 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 124 Close Ave
Every detail from the listing, in one place.
Type
Duplex
Style
3-Storey
Living space
2000-2500 sq ftas stated on the listing
Lot size
19.92 x 97.83 Feet
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Unfinished
Lot & land
Lot dimensions
19.92 x 97.83 Feet
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Duplex
124 Close Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14029340$1,150,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 124 Close Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$5,650
/mo
based on the purchase price of $1,150,000
$230,000 cash
$920,000 financed
$774,881 total interest
Principal54%$920,000
Interest46%$774,881
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.
For homeowners nearby
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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 4–5 bed homes for sale in Toronto around $1.1M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4900.6%On average, homes sold at or above asking.
Active listings12,794Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,684 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
124 Close Ave is listed at $1,150,000 (MLS® W14029340). Summitly updates the price as soon as the MLS® record changes.
Is $1,150,000 a good price for 124 Close Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 124 Close Ave changed?
No — 124 Close Ave is still listed at its original asking price of $1,150,000.
How many bedrooms and bathrooms does 124 Close Ave have?
124 Close Ave has 5 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a duplex in Toronto.
Is 124 Close Ave close to transit?
The nearest rapid-transit station is Exhibition GO Station (Lakeshore West GO), about 1.3 km (about a 17-minute walk) in a straight line. Lansdowne Station is about 2.5 km, and Dufferin Station is about 2.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 124 Close Ave?
About $5,650 a month — principal and interest on $1,150,000 with 20% down ($230,000), 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 124 Close Ave compare with other homes in Toronto?
Its asking price of $1,150,000 is about 36% above the median sold price in Toronto over the last 90 days, $848,250, across 9,684 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 124 Close Ave been sold before?
Summitly has no earlier MLS® sale or lease of 124 Close Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 124 Close Ave?
124 Close Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 124 Close Ave been on the market?
124 Close Ave was listed today (October 13, 2026).
What is the price per square foot of 124 Close Ave?
About $460 to $575 per square foot: the asking price of $1,150,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 124 Close Ave have a basement, and is it finished?
The listing describes the basement as: Unfinished.