1242 College St is a 4-bedroom, 4-bathroom duplex in Toronto, listed for $1,219,000. It has 1100-1500 sq ft of living space.
1An exceptional opportunity in the heart of Toronto's vibrant College West neighbourhood!
2This substantial 2-storey semi-detached home is currently configured into 4 self-contained living spaces, offering tremendous flexibility for investors, end users or multi-generational families.
3The remaining unit is occupied by a long-term tenant who would welcome the opportunity to stay.
An exceptional opportunity in the heart of Toronto's vibrant College West neighbourhood! This substantial 2-storey semi-detached home is currently configured into 4 self-contained living spaces, offering tremendous flexibility for investors, end users or multi-generational families. A rare opportunity with 2 units already vacant and a third becoming vacant October 31st, allowing the new owner to establish their own rents or occupy one unit while generating income from the others to help offset mortgage costs. The remaining unit is occupied by a long-term tenant who would welcome the opportunity to stay. Current and previous rental income demonstrate the property's excellent income-generating potential, with additional upside as vacant units are re-leased. Situated in a dynamic west-end community, just steps to trendy restaurants, cafés, independent shops, parks, schools, Dufferin Mall and convenient TTC access, including the College streetcar and Lansdowne subway station. Whether you're looking to expand your investment portfolio or establish roots in one of Toronto's most exciting neighbourhoods, 1242 College Street offers location, versatility and opportunity!
4 bedrooms, 4 bathrooms, about 1,100 sq ft, works out to roughly $1,108 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.Ask Zara a follow-up
Inside 1242 College St
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
1 space
Basement
Finished
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
1242 College St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13881704$1,219,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1242 College St 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
$5,989
/mo
based on the purchase price of $1,219,000
$243,800 cash
$975,200 financed
$821,374 total interest
Principal54%$975,200
Interest46%$821,374
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 4–8 bed homes for sale in Toronto around $1.2M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4967.0%On average, homes sold at or above asking.
Active listings12,462Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with Apr 12 – Jul 11, 2026: prices up.
Based on 9,552 sales from Jul 11 – Oct 9, 2026 (6,500 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1242 College St is listed at $1,219,000 (MLS® C13881704). Summitly updates the price as soon as the MLS® record changes.
Is $1,219,000 a good price for 1242 College St?
Summitly rates it Well Above Market: the asking price is 15% or more 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 1242 College St changed?
No — 1242 College St is still listed at its original asking price of $1,219,000.
How many bedrooms and bathrooms does 1242 College St have?
1242 College St has 4 bedrooms and 4 bathrooms, with about 1,100–1,500 square feet of living space. It is a duplex in Toronto.
Is 1242 College St close to transit?
The nearest rapid-transit station is Lansdowne Station (Line 2), about 910 m (about a 11-minute walk) in a straight line. Dufferin Station is about 980 m (about a 12-minute walk), and Bloor GO Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1242 College St?
About $5,989 a month — principal and interest on $1,219,000 with 20% down ($243,800), 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 1242 College St compare with other homes in Toronto?
Its asking price of $1,219,000 is about 43% above the median sold price in Toronto over the last 90 days, $850,000, across 9,552 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 1242 College St been sold before?
Summitly has no earlier MLS® sale or lease of 1242 College St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1242 College St?
1242 College St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1242 College St been on the market?
1 day — 1242 College St was listed on October 8, 2026.
What is the price per square foot of 1242 College St?
About $813 to $1,108 per square foot: the asking price of $1,219,000 over the 1,100–1,500 sq ft the listing gives as its size range.
