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Turn-Key Cash Flow Machine in the Heart of Toronto at 13 Spencer Ave! Unlock the potential of this stunning, renovated Grand Victorian just steps from the lake and Liberty Village! This legal duplex is a rare investment gem offering exceptional cash flow and a high cap rate. With approximately 3,500 sq ft of luxury living space plus a 300 sq ft rooftop terrace, this property is tailor-made for the savvy investor or multi-generational end-user.Currently fully tenanted with high-quality tenants, this property features 7 spacious bedrooms and 6 spa-inspired bathrooms (each with frameless glass showers), 2 designer kitchens, and open-concept floor plans with soaring 14-ft ceilings, exposed brick accents, and premium quartz stone finishes throughout.The walk-out basement offers incredible potential for a third income-generating unit, complete with its own entrance. With 4 private laundry setups, 4 covered parking spaces, and all major upgrades done, this is the true definition of turn-key.Live in one unit and rent the others, or sit back and collect rents from a fully stabilized asset in one of Torontos most vibrant communities.Prime Location | High-End Finishes | Strong Rental Income | Future UpsideDon't miss this rare opportunity to own a blue-chip investment in a location that continues to outperform.
All current appliances and electrical light fixtures (not belonging to tenants).
City: Toronto
Neighborhood: South Parkdale
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
May 20, 2025 | 48 | $2,175,000 | N/A | Terminated | W12160507 |
Nov 1, 2023 | 2 | $2,650 | $2,750 | Leased | W7265850 |
Jun 22, 2022 | 2 | $2,650 | $2,700 | Leased | W5669622 |
Feb 5, 2021 | 143 | $1,775 | $1,775 | Leased | W5110571 |
Feb 18, 2020 | 15 | $2,188,800 | $2,060,000 | Sold | W4695098 |
May 1, 2018 | 51 | $1,795,000 | N/A | Terminated | W4112183 |
Mar 31, 2018 | 31 | $1,988,800 | N/A | Terminated | W4081837 |
Feb 7, 2017 | 9 | $999,000 | $1,275,000 | Sold | W3701737 |
Purchase Price | $2075000 |
Down Payment | $415000 |
Mortgage Insurance | $0 |
Total Mortgage | $1660000 |
Mortgage Payment | $10229 |
Property Taxes | $844 |
Maintenance Fees | $0 |
Monthly Payment | $11073 |
Located at 13 Spencer Ave , this Toronto house is available for sale. This property was listed for $2,075,000 on Mon Jul 07 2025. This house's size is 3500-5000 Sqft. It has 5 bedrooms and 6 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 4 parking spots. 13 Spencer Ave, Toronto is situated in the South Parkdale neighbourhood.
MLS#: W12269217 · $2,075,000 · 5 bedroom house in South Parkdale, Toronto