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$2,200,000Asking Price

531 Runnymede Road, Toronto W02, ON M6S 2Z8

The Junction, Toronto

Fourplex
5 + 1
Bedrooms
4
Baths
5
Parking
Days on Market

An exceptional opportunity for investors! This fully turnkey, legal 4-plex is a true trophy asset, offering four beautifully updated units in Toronto's Runnymede Village. The property features two spacious 2-bedroom suites, a bright two-storey 1-bedroom loft, and a 1-bedroom basement apartment each complete with its own kitchen and 3-piece bath.Fully renovated in 2015, with updates to the roof, electrical, windows, appliances, and finishes, the property has been meticulously maintained and thoughtfully upgraded. Each unit enjoys a dedicated outdoor storage locker, along with shared access to a convenient coin-operated laundry area. Parking is abundant, with laneway access for three vehicles plus two additional surface spaces. The laneway also offers potential for a future structure of up to approximately 1,700 sq. ft. Steps to transit, shops, restaurants, and High Park, this is a prime turnkey investment in one of Toronto's most desirable west-end neighbourhoods.

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An exceptional opportunity for investors! This fully turnkey, legal 4-plex is a true trophy asset, offering four beautifully updated units in Toronto's Runnymede Village. The property features two spacious 2-bedroom suites, a bright two-storey 1-bedroom loft, and a 1-bedroom basement apartment each complete with its own kitchen and 3-piece bath.Fully renovated in 2015, with updates to the roof, electrical, windows, appliances, and finishes, the property has been meticulously maintained and thoughtfully upgraded. Each unit enjoys a dedicated outdoor storage locker, along with shared access to a convenient coin-operated laundry area. Parking is abundant, with laneway access for three vehicles plus two additional surface spaces. The laneway also offers potential for a future structure of up to approximately 1,700 sq. ft. Steps to transit, shops, restaurants, and High Park, this is a prime turnkey investment in one of Toronto's most desirable west-end neighbourhoods.

Key Info

  • 3-Storey Fourplex
  • 4+ Parking
  • No Garage
  • Runnymede Rd & Annette St
  • 2500-3000 Approximate Sq Feet
  • No Ensuite Laundry
  • HeatPump Gas Heating
  • A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $9,388 in 2025
  • Possession: Flexible

Details

  • Stone Exterior
  • No Fireplace
  • 4 + 1 Kitchens
  •  
  • MLS #W12552806
  • Royal Lepage Real Estate Associates

Extras

Room Floor Dimensions Details
1 Kitchen Main 11.78' x 11.12'
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom

Who lives here?

The Junction, Toronto is a west Toronto neighbourhood notable for its university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of babies, kids aged 5 to 9 and adults aged 30 to 54.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

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

Singles

47% of residents are
single and loving it.

47% singles

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

Renters

39% of residents
are renters.

39% renters

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

Education

57% of residents are
university grads.

57% university grads

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

Income

Average Household Income

$125K

is the average household
income in the neighbourhood.

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

Professions

Professions

Sales 14%
Government 13%
Business 11%
Management 10%
Culture 10%

Immigrants

25% of residents were
born outside of Canada.

25% immigrants

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

Birthplace - All

China was once home to 1.7% of immigrants.
USA 1.5%
Portugal 1.5%
UK 1.5%
Vietnam 1.4%

1.7% from China
All-time

Birthplace - Recent

Russia was once home to 0.3% of immigrants.
UK 0.3%
Philippines 0.2%
Poland 0.2%
China 0.2%

0.3% from Russia
Recent

Foreign Languages

Foreign Languages

Spanish 3%
Portuguese 3%
French 2%
Polish 2%
Vietnamese 1%

Religions

Religions

Christian 54%
Buddhist 3%
Muslim 2%
Jewish 1%

Social Housing

Social Housing Buildings

0

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)