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First Time Offered Since 1966 Prime Investment Opportunity! Attention investors, builders, and handymen opportunity knocks with this rare and spacious freehold duplex in one of the city's most sought-after neighbourhoods. Available for the first time in nearly 60 years, this solid and character-filled property is brimming with potential for renovation, income generation, or redevelopment.Set on a desirable street in a high-demand location, this home is just a short stroll to shops, cafes, parks, public transit, and schools, with effortless access to the Gardiner Expressway for an easy downtown or west-end commute. You simply cant beat the walkability and convenience of this address.The home spans three storeys, offering two self-contained units with distinct layouts. The upper suite is a bright and airy 3-bedroom, 2-level unit, complete with large bedrooms and a separate living room ideal for families or long-term tenants. The main floor unit features 2 generous bedrooms, soaring 9-foot ceilings, and a functional layout perfect for owner-occupiers or rental income.Throughout the home, you will find plenty of original charm and character, from period details to architectural features just waiting to be brought back to life. Whether you're looking to renovate and restore, convert to a luxurious single-family home, or maintain as an income-generating duplex, the possibilities here are truly endless.Dont miss your chance to own a piece of history and create something special in a location that offers it all.This is more than a property it is a canvas for your vision.
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City: Toronto
Neighborhood: South Parkdale
Purchase Price | $1199000 |
Down Payment | $239800 |
Mortgage Insurance | $0 |
Total Mortgage | $959200 |
Mortgage Payment | $5911 |
Property Taxes | $555 |
Maintenance Fees | $0 |
Monthly Payment | $6466 |
Located at 126 Close Ave , this Toronto house is available for sale. This property was listed for $1,199,000 on Wed Oct 08 2025. This house's size is 2500-3000 Sqft. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Br, Family, Foyer, Living, Br, Kitchen, Dining, Sitting, Br, Br. 126 Close Ave, Toronto is situated in the South Parkdale neighbourhood.
MLS#: W12451467 · $1,199,000 · 4 bedroom house in South Parkdale, Toronto