$2,175,000Asking Price
13 Spencer Avenue, Toronto, ON M6K 2J4
South Parkdale, Toronto
Turn-Key Cash Flow Machine in the Heart of Toronto at 13 Spencer AveUnlock 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.
Turn-Key Cash Flow Machine in the Heart of Toronto at 13 Spencer AveUnlock 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.
See MoreKey Info
- 3-Storey Duplex
- 4 Parking
- No Garage
- King And Dufferin
- 3500-5000 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $10,123 in 2024
- Possession: Flexible
Details
- Brick Exterior
- No Fireplace
- 3 + 1 Kitchens
- MLS #W12160507
- RE/MAX PROFESSIONALS SIDOROVA INWOOD REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 4-Piece Bathroom | |||
| 2 4-Piece Bathrooms on Main Floor | |||
| 2 4-Piece Bathrooms | |||
| 1 4-Piece Bathroom | |||
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Who lives here?
South Parkdale, Toronto is a west Toronto neighbourhood notable for its singles, renters, arts & culture professionals and salespeople. It has a higher than average population of immigrants from the Philippines and India. Residents tend to be younger with a significant number of adults aged 25 to 49.
Families
Kids Per Family
1.0
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
65%
of residents are
single and loving it.
65% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
91%
of residents
are renters.
91% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
38%
of residents are
university grads.
38% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$69K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 23% |
| Business | 9% |
| Culture | 8% |
| Management | 6% |
| Government | 6% |
Immigrants
46%
of residents were
born outside of Canada.
46% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
7.8% from India
All-time
Birthplace - Recent
1.7% from India
Recent
Foreign Languages
Foreign Languages
| Tagalog | 4% |
| Polish | 3% |
| Spanish | 3% |
| Vietnamese | 2% |
| French | 2% |
Religions
Religions
| Christian | 49% |
| Buddhist | 13% |
| Muslim | 6% |
| Hindu | 4% |
| Jewish | 1% |
Social Housing
Social Housing Buildings
8
Social housing buildings
in the neighbourhood.
Shelters
Shelters
3
Homeless shelters in
the neighbourhood.
