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$1,275,000Asking Price

150 Park Street, Toronto, ON M1N 2P6

Cliffside, Toronto

Triplex
4 + 1
Bedrooms
3
Baths
3
Parking
Days on Market

Purpose-built triplex offering a rare opportunity for investors to unlock immediate value. All three units are vacant, allowing the next owner to maximize current market rents, or update and push rent potential even higher from day one. The property features two spacious 2-bedroom suites, approximately +900 sq. ft. each, plus a bright 1-bedroom lower-level suite with above-grade windows, approximately 700 sq. ft. Every unit includes parking, a sought-after amenity that supports strong tenant demand. Whether you're expanding your portfolio or entering the multiplex market, this is an opportunity to acquire a solid purpose-built asset with substantial upside. Located in the sought-after Cliffside neighbourhood, this property is just minutes from Kingston Road's shops, restaurants, GO Transit, TTC, the Scarborough Bluffs, waterfront parks, and everyday conveniences. Additional features include separate hydro meters, a new furnace (2026), on-site laundry, and a private backyard.A stabilized pro forma and market rent analysis demonstrate the property's long-term income potential, making it an attractive investment in the growing Cliffside neighbourhood.

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Purpose-built triplex offering a rare opportunity for investors to unlock immediate value. All three units are vacant, allowing the next owner to maximize current market rents, or update and push rent potential even higher from day one. The property features two spacious 2-bedroom suites, approximately +900 sq. ft. each, plus a bright 1-bedroom lower-level suite with above-grade windows, approximately 700 sq. ft. Every unit includes parking, a sought-after amenity that supports strong tenant demand. Whether you're expanding your portfolio or entering the multiplex market, this is an opportunity to acquire a solid purpose-built asset with substantial upside. Located in the sought-after Cliffside neighbourhood, this property is just minutes from Kingston Road's shops, restaurants, GO Transit, TTC, the Scarborough Bluffs, waterfront parks, and everyday conveniences. Additional features include separate hydro meters, a new furnace (2026), on-site laundry, and a private backyard.A stabilized pro forma and market rent analysis demonstrate the property's long-term income potential, making it an attractive investment in the growing Cliffside neighbourhood.

Key Info

  • 2-Storey Triplex
  • 3 Parking
  • No Garage
  • Midland @ Kingston Rd.
  • 1500-2000 Approximate Sq Feet
  • 51-99 Years Approximate Age
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $4,834 in 2025
  • Possession: 30/60/tbd

Details

  • Brick/Stone Exterior
  • No Fireplace
  • 3 + 1 Kitchens
  •  
  • MLS #E13622088
  • REAL ESTATE HOMEWARD

Extras

Room Floor Dimensions Details
1 Kitchen Main 11.25' x 10.83'
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom

Who lives here?

Cliffside, Toronto is an east Toronto neighbourhood notable for its salespeople and tradespeople. It has a higher than average population of immigrants from Bangladesh, and Bengali speakers. Residents tend to be older with a significant number of kids aged 10 to 14, youth aged 15 to 19, adults aged 45 to 64 and seniors aged 65 to 69.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

49% of residents are
single and loving it.

49% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

41% of residents
are renters.

41% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

35% of residents are
university grads.

35% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$110K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Business 11%
Trades 9%
Government 8%
Management 6%

Immigrants

37% of residents were
born outside of Canada.

37% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Bangladesh was once home to 9.8% of immigrants.
Philippines 4.8%
China 2.0%
UK 1.8%
Caribbean 1.8%

9.8% from Bangladesh
All-time

Birthplace - Recent

Bangladesh was once home to 2.0% of immigrants.
Philippines 1.1%
India 0.7%
China 0.3%
USA 0.2%

2.0% from Bangladesh
Recent

Foreign Languages

Foreign Languages

Bengali 10%
Tagalog 3%
French 2%
Cantonese 1%
Greek 1%

Religions

Religions

Christian 60%
Muslim 8%
Hindu 4%
Buddhist 1%
Jewish 1%

Social Housing

Social Housing Buildings

0

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)