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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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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 56 days

    85 Walmer Road

    Annex·Toronto, ON·M5R 2X6·Near Bloor and Spadina

    • 8 beds
    Toronto real estate›C13021728
    • 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

    A five-unit Annex Semi Detached property with the kind of envelope and location that is not being built at today's replacement cost. Legal four-plex above grade plus a legal non-conforming lower suite across 5,225+ sq.ft. on Walmer Road, one of the most tenured income streets in central Toronto. In-place rents sit well below current Annex benchmarks. Income reflects long-tenured tenancies rather than today's market. The unit mix is differentiated - not five interchangeable bachelors. Unit 2 on the main floor is a 1,396 sq.ft. parlour-floor residence with a 21-foot living room, fireplace, oversized kitchen, and a 17-foot principal bedroom. Unit 5 on the third floor (1,171 sq.ft.) is configured with two kitchens, two four-piece baths, two primary bedrooms, an office, and a dining room - lives as one generous suite today. Unit 4 (758 sq.ft.) has a four-piece ensuite, walk-in closet, and living space. Unit 3 (710 sq.ft.) is a full one-bedroom with fireplace, kitchen, and dining. Unit 1 in the lower level (1,191 sq.ft., legal non-conforming) reads as a proper apartment: one-bedroom plus 15-foot den, full kitchen, three-piece bath, and private utility room. Three distinct buyer paths converge here. For the investor, five legal income streams on a single folio, a demand floor set by U of T, downtown professionals, and the Dupont / Spadina subway corridor. For the owner-investor - Multiple units are suitable and are amongst the most substantial owner's suites found inside a purpose-built Annex income property; live in it and let the other four units carry the debt while optionality is preserved. For the long-view buyer planning a single-family reversion - 5,225+ sq. ft. of interior envelope is a credible footprint for a top-of-market Annex restoration, and the existing plumbing stacks, kitchens, and floor plates make either path possible without starting from zero. Walking distance to Bloor Street, Casa Loma, the University of Toronto, and the Spadina subway line.

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

    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
    Apr 20, 2026ListedCurrentFor sale$2,324,900 —C13021728This page
    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
      Radiant
      Air conditioning
      None
      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.

    📍 85 Walmer Road
    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
    $11,422
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $1,046
    0.54% 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
      $1,087,290
      Last 30 days
    • Median sold price
      $857,779
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      6,733
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 85 Walmer Road — 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 85 Walmer Road 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 85 Walmer Road listed for?

      85 Walmer Road is listed at $2,324,900 on the MLS® (listing C13021728). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 85 Walmer Road 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. 6 baths
  2. 3500-5000 sqft
  3. Fourplex
  4. Built 100+
  5. Asking
    $2,324,900
    $0 / sqft · MLS® C13021728
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $2,065,851
    $1,900,583Confidence range$2,231,119
    Asking vs estimate
    ↑above
    +$259,049
    (+12.5%)
    Asking is above estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 8 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Toronto sell in about 28 days — this one has been listed 56 days.

    Avg sold price
    $1,087,290
    Median sold
    $857,779
    Avg days on market
    28
    Recently sold
    6733
    See comparable sales
    AI highlights by Zara
    • Unit 2 on the main floor is a 1,396 sq.ft. parlour-floor residence with a 21-foot living room, fireplace, oversized kitchen, and a 17-foot principal bedroom.
    • Unit 4 (758 sq.ft.) has a four-piece ensuite, walk-in closet, and living space.
    • Unit 3 (710 sq.ft.) is a full one-bedroom with fireplace, kitchen, and dining.
    • Walking distance to Bloor Street, Casa Loma, the University of Toronto, and the Spadina subway line.
    Ask Zara a follow-up
    Sewer
  7. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    3
    Parking spaces
    5
    Driveway
    Mutual
  8. Interior

    4
    Basement
    Apartment
    Family room
    N
    Kitchens
    6
    Total rooms
    17
  9. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Stone
    Pool
    None
  10. Lot & land

    2
    Year built
    100+
    Zoning
    R (D 1.0) (x 900)
  11. Listing & possession

    3
    Occupancy
    Immediate
    Property style
    2 1/2 Storey
    Property class
    Fourplex
  12. Combined estimate
    $12,468
    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
    $11,422
    /mo
    based on the purchase price of $2,324,900
    $464,980 cash
    $1,859,920 financed
    $1,566,541 total interest
    Monthly payment$11,422/ month
    Principal54%$1,859,920
    Interest46%$1,566,541

    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 fourplexs that just sold in Toronto

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

    • 167 Quebec Avenue
      Sold
      Sign in for price
      167 Quebec Avenue
      Fourplex
    • 246 Euclid Avenue
      Sold
      Sign in for price
      246 Euclid Avenue
      Fourplex
    • 63 Garden Avenue
      Sold
      Sign in for price
      63 Garden Avenue
      Fourplex
    • 199 Islington Avenue
      Sold
      Sign in for price
      199 Islington Avenue
      Fourplex
    • 996-998 Avenue Road
      Sold
      Sign in for price
      996-998 Avenue Road
      Fourplex
    • 236 Annette Street
      Sold
      Sign in for price
      236 Annette Street
      Fourplex
    AddressBd / BaSqftSold$/sqft% of askSold
    85 Walmer RoadThis home8 / 635,005,000$2,324,900ask———
    167 Quebec Avenue7 / 42,500—
    246 Euclid Avenue7 / 42,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More fourplexs in Toronto

    Active listings within ±20% of this asking price.

    • 42 Mansfield Avenue
      $2,275,000
      42 Mansfield Avenue
      Fourplex 7 5
    • 2 Hyde Avenue
      $1,995,000
      2 Hyde Avenue
      Fourplex 7 4
    • 661 Winona Drive
      $1,999,900
      661 Winona Drive
      Fourplex 8 8
    • 55 Thirty Eighth Street
      $2,250,000
      55 Thirty Eighth Street
      Fourplex 7 5
    • 93 Northcliffe Boulevard
      $2,148,888
      93 Northcliffe Boulevard
      Fourplex 8 4
    • 214 Gerrard Street
      $2,300,000
      214 Gerrard Street
      Fourplex 10 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.

  13. One team, no handoffs

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

  14. Showings on YOUR schedule

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

  15. Mortgage that closes

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

  16. Public listing courtesy of BOSLEY REAL ESTATE LTD. · displayed on Summitly per MLS® data-share rules

    85 Walmer Road is a 8-bedroom, 6-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was 85 Walmer Road built?

    85 Walmer Road was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  18. What is the property tax for 85 Walmer Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 85 Walmer Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on 85 Walmer Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $2,324,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has 85 Walmer Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 85 Walmer Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is 85 Walmer Road in?

    85 Walmer Road is in Annex, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  22. 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.

  23. 63 Garden Avenue
    9 / 5
    3,500
    —
    199 Islington Avenue8 / 53,500—
    996-998 Avenue Road8 / 43,500—
    236 Annette Street7 / 6——