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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 52 days

    255 Gamma Street

    Alderwood·Toronto, ON·M8W 4G9·Near Evans Ave and Brown's Line

    • 6 beds
    Toronto real estate›W13071376
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Class - A Investment Property. Exceptional turnkey 5-unit, Fully Leased to fantastic tenants at great rates. Brand new private 2 bedroom/1 bedroom+ loft garden house built in 2025 features heated floors on main, among many spectacular features. Main house fully gutted and renovated in 2025 to condo standards. Each unit features new kitchens, new bathrooms, new flooring, and includes all new appliances. New and upgraded mechanicals, 7 new (wall mounted) AC systems, 4 laundry sets and modern finishes throughout make this a rare hands-off investment. 5 electrical meters and separate water meter for each unit. All ceilings, floors and walls are insulated for soundproofing and fire rated for safety. Security cameras, new asphalt driveway, landscaping, new fence on the back and separation between garden suite. Private drive and designated parking spots. Strong rental income. Located in desirable South Etobicoke, close to transit, major highways, and amenities.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 1, 2026ListedCurrentFor sale$2,580,000 —W13071376This page
    Jan 31, 2026Previously listedExp$2,580,000 —W12747044View
    Nov 27, 2025Previously listedTer$2,600,000 —W12584022View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Water
      Air conditioning
      Wall Unit(s)
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 255 Gamma Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Rec./Commun.Centre
    • Park
    • Public Transit
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $12,675
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $476
    0.22% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,099,242
      Last 30 days
    • Median sold price
      $865,076
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      6,876
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 255 Gamma Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 255 Gamma Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 255 Gamma Street listed for?

      255 Gamma Street is listed at $2,580,000 on the MLS® (listing W13071376). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 255 Gamma Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 7 baths
  2. 2500-3000 sqft
  3. Triplex
  4. < .50 ac lot
  5. Asking
    $2,580,000
    $0 / sqft · MLS® W13071376
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,692,833
    $1,557,406Confidence range$1,828,259
    Asking vs estimate
    ↑↑well-above
    +$887,167
    (+52.4%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 6 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Toronto sell in about 28 days — this one has been listed 52 days.

    Avg sold price
    $1,099,242
    Median sold
    $865,076
    Avg days on market
    28
    Recently sold
    6876
    See comparable sales
    Main house fully gutted and renovated in 2025 to condo standards.
  7. Each unit features new kitchens, new bathrooms, new flooring, and includes all new appliances.
  8. Private drive and designated parking spots.
  9. Located in desirable South Etobicoke, close to transit, major highways, and amenities.
  10. Ask Zara a follow-up
    Sewer
  11. Parking & garage

    3
    Garage
    Detached
    Parking spaces
    3
    Driveway
    Private
  12. Interior

    4
    Basement
    Apartment, Walk-Up
    Family room
    N
    Kitchens
    5
    Total rooms
    12
  13. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    Pool
    None
  14. Lot & land

    1
    Zoning
    RM
  15. Listing & possession

    3
    Possession
    2026-05-15T00:00:00.000-00:00
    Property style
    2-Storey
    Property class
    Triplex
  16. Room-by-room · 10 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    5 rooms
    • Bedroom 2
      13.2 × 9.3 ft
    • Living Room
      Open Concept
      14.5 × 12.6 ft
    • Kitchen
      open concept · stainless steel appl · granite counters
      17.2 × 11.8 ft
    • Dining Room
      open concept · combined w/kitchen
      17.2 × 11.8 ft
    • Primary Bedroom
      4 Pc Ensuite
      12.1 × 11.2 ft

    Second level

    5 rooms
    • Primary Bedroom
      4 Pc Ensuite
      12.1 × 11.2 ft
    • Kitchen
      open concept · stainless steel appl · granite counters
      17.2 × 11.8 ft
    • Bedroom 2
      13.2 × 12.6 ft
    • Living Room
      Open Concept
      14.5 × 12.6 ft
    • Dining Room
      open concept · combined w/kitchen
      17.2 × 11.8 ft
    Combined estimate
    $13,151
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $12,675
    /mo
    based on the purchase price of $2,580,000
    $516,000 cash
    $2,064,000 financed
    $1,738,430 total interest
    Monthly payment$12,675/ month
    Principal54%$2,064,000
    Interest46%$1,738,430

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable triplexs that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 226 Bicknell Avenue
      Sold
      Sign in for price
      226 Bicknell Avenue
      Triplex
    • 101 Sixteenth Street
      Sold
      Sign in for price
      101 Sixteenth Street
      Triplex
    • 57 Humberside Avenue
      Sold
      Sign in for price
      57 Humberside Avenue
      Triplex
    • 3602 Dufferin Street
      Sold
      Sign in for price
      3602 Dufferin Street
      Triplex
    • 111 Alberta Avenue
      Sold
      Sign in for price
      111 Alberta Avenue
      Triplex
    • 1081 Gerrard Street
      Sold
      Sign in for price
      1081 Gerrard Street
      Triplex
    AddressBd / BaSqftSold$/sqft% of askSold
    255 Gamma StreetThis home6 / 725,003,000$2,580,000ask———
    226 Bicknell Avenue6 / 31,500—
    101 Sixteenth Street6 / 31,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More triplexs in Toronto

    Active listings within ±20% of this asking price.

    • 204 Sheppard Avenue
      $2,680,000
      204 Sheppard Avenue
      Triplex 6 3
    • 298 South Kingsway
      $2,295,000
      298 South Kingsway
      Triplex 6 5
    • 213 Major Street
      $2,999,999
      213 Major Street
      Triplex 5 3
    • 1351 Queen Street
      $2,599,800
      1351 Queen Street
      Triplex 7 6
    • 233 BORDEN Street
      $2,999,000
      233 BORDEN Street
      Triplex 8 6
    • 34 Macpherson Avenue
      $2,900,000
      34 Macpherson Avenue
      Triplex 5 4
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  17. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  18. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  19. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  20. Public listing courtesy of RE/MAX REAL ESTATE CENTRE INC. · displayed on Summitly per MLS® data-share rules

    255 Gamma Street is a 6-bedroom, 7-bath, 2500-3000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 255 Gamma Street built?

    The year built for 255 Gamma Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  22. What is the property tax for 255 Gamma Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 255 Gamma Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 255 Gamma Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,580,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 255 Gamma Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 255 Gamma Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 255 Gamma Street in?

    255 Gamma Street is in Alderwood, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  26. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  27. 57 Humberside Avenue
    5 / 3
    1,500
    —
    3602 Dufferin Street6 / 3700—
    111 Alberta Avenue8 / 42,000—
    1081 Gerrard Street8 / 42,500—