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$1,995,000

132 Marion Street • Toronto, ONNew

Courtesy of ROYAL LEPAGE SIGNATURE REALTY

6+1

Bedrooms

5

Bathrooms

3000-3500

Square feet

6

Parking

About this home

The Ultimate Roncesvalles Investment - Prime Double Vacancy Opportunity! 132 Marion St offers a rare chance for seasoned investors or end-users looking to house-hack and subsidize their lifestyle. This legacy-held 5-plex features a spacious, freshly painted & refreshed 3-bedroom main floor unit (vacant!), plus a 2-bedroom unit turned over August 1st - giving you immediate double vacancy to set your own market rents or move right in! Note: Interior photos of the 3-bedroom and 2-bedroom units were taken prior to the previous tenants moving out. The 3-bedroom has since been freshly painted and touched up; the 2-bedroom has had cabinets replaced and repaired. A true "densification dream" under Toronto's 6-plex reforms, featuring a rare 4-car coach house and private driveway. Heavy lifting is complete with meticulous exterior & capital upgrades: Brand-New Roof ($66k, 2026), Fresh Paint ($13k, 2026), and Full Garage Renovation ($20k+, 2025). Interior provides a brilliant blank canvas to renovate to taste and unlock a projected ~$145k gross income - current listing price represents a 5% cap rate on conservative assumptions. See Schedule for full capex/reno history (~$166k invested) & financials!

Property details

Property type: Multiplex
Style: 3-Storey
Total rooms: 14
Lot size: 36.5 × 133.25 ft
Property taxes: $11,318.84 (2025)
Occupancy: Flexible closing.
Days on market: 18
Status: Active
MLS®

Property history

Location

Open in Google Maps

Recently sold nearby

Listing data last updated: Aug 17, 2026, 12:34 p.m. EDT via TRREB IDX.

First listed: Aug 17, 2026, 11:19 a.m. EDT.