Toronto, ON · M6R 2Z9 · MLS® W13751916Updated
$1,995,000Est. $9,801/mo mortgage
505 Parkside Dr is a 5-bedroom, 4-bathroom triplex in Toronto, listed for $1,995,000. It has 2000-2500 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Discover an exceptional investment opportunity in one of Toronto's most desirable west-end locations. 505 Parkside Dr is a turnkey, upgraded property with 4 self-contained units, situated directly across from High Park and steps away from Keele TTC station. This property has been meticulously maintained by an experienced owner, ensuring operational efficiency and long-term stability. Recent upgrades include newer roofing, eavestroughs, downspouts and fascia, windows and blinds, vinyl flooring, 200 Amp electrical panel, tankless water heater, sump pumps (2), radiators, interior doors, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.98%**, with minimal need for repositioning.Tenants benefit from efficient floorplans, outstanding convenience, and lifestyle appeal. The property is just a 3-minute walk to Keele Subway Station and only 15 minutes to the UP Express, ensuring seamless access to downtown and beyond. Steps from the lively Roncesvalles Village, residents have access to some of the city's best cafes, restaurants, and local shops, further enhancing tenant appeal and retention.A rare opportunity to acquire a turn-key asset in a premier west-end location with stable income, strong fundamentals, and enduring demand.
5 bedrooms, 4 bathrooms, about 2,000 sq ft, works out to roughly $998 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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64 Purdon Drive
6 bd · 5 ba · Multiplex
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185 Walmer Road
5 bd · 4 ba · Multiplex
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170 Wheeler Avenue
4 bd · 3 ba · Multiplex
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47-51 Heath Street
12 bd · 6 ba · Multiplex
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51 Heath Street
6 bd · 3 ba · Multiplex
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47 Heath Street
6 bd · 3 ba · Multiplex
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home505 Parkside Drive 5 bd · 4 ba · 2,000 sqft | $1,995,000asking | $998 | — | — |
| 64 Purdon Drive 6 bd · 5 ba · 2,500 sqft | ||||
| 185 Walmer Road 5 bd · 4 ba · 2,000 sqft | ||||
| 170 Wheeler Avenue 4 bd · 3 ba · 1,500 sqft | ||||
| 47-51 Heath Street 12 bd · 6 ba · 5,000 sqft | ||||
| 51 Heath Street 6 bd · 3 ba · 2,500 sqft | ||||
| 47 Heath Street 6 bd · 3 ba · 2,500 sqft |
6 bd · 5 ba · 2,500 sqft
5 bd · 4 ba · 2,000 sqft
4 bd · 3 ba · 1,500 sqft
12 bd · 6 ba · 5,000 sqft
6 bd · 3 ba · 2,500 sqft
6 bd · 3 ba · 2,500 sqft
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From 505 Parkside Dr. Typical times without traffic delays; transit times aren't available yet.
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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.
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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Listing brokerage: ROYAL LEPAGE TERREQUITY BESPOKE REALTY, BrokerageMLS® W13751916 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
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Based on 9,621 sales from Jul 27 – Oct 25, 2026 (6,856 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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505 Parkside Dr is listed at $1,995,000 (MLS® W13751916). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Above Market: the asking price is 5% to 15% 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
No — 505 Parkside Dr is still listed at its original asking price of $1,995,000.
505 Parkside Dr has 5 bedrooms and 4 bathrooms, with about 2,000–2,500 square feet of living space. It is a triplex in Toronto.
The nearest rapid-transit station is Keele Station (Line 2), about 190 m (about a 2-minute walk) in a straight line. High Park Station is about 610 m (about a 8-minute walk), and Dundas West Station is about 610 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
About $9,801 a month — principal and interest on $1,995,000 with 20% down ($399,000), 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.
Its asking price of $1,995,000 is about 136% above the median sold price in Toronto over the last 90 days, $845,000, across 9,621 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.
Summitly has no earlier MLS® sale or lease of 505 Parkside Dr on record from the last two years. Older records aren't shown under TRREB rules.
505 Parkside Dr is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
47 days — 505 Parkside Dr was listed on September 8, 2026.
About $798 to $998 per square foot: the asking price of $1,995,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Yes — the listing gives 1 parking space.
