$2,100,000Asking Price
56 WRIGHT Avenue, Toronto W01, ON M6R 1K8
Roncesvalles, Toronto
A rare investment opportunity in the heart of Toronto's highly coveted Roncesvalles Village. Situated on a large lot, this detached multiplex is currently configured as five self-contained residential units, including a basement apartment, offering strong income potential in one of the city's most desirable west-end neighbourhoods. This beautifully renovated building features bright and inviting units throughout, complemented by professionally landscaped front and rear grounds, including a charming shared rear courtyard space. Additional basement storage space provides added convenience and utility. Ideally located just steps from Sorauren Park, vibrant cafés, acclaimed restaurants, boutique shopping, transit, and the renowned Roncesvalles retail strip. An exceptional opportunity to acquire a well-maintained multi-residential asset in a premier urban location with strong tenant appeal, stable income potential, and long-term upside.
A rare investment opportunity in the heart of Toronto's highly coveted Roncesvalles Village. Situated on a large lot, this detached multiplex is currently configured as five self-contained residential units, including a basement apartment, offering strong income potential in one of the city's most desirable west-end neighbourhoods. This beautifully renovated building features bright and inviting units throughout, complemented by professionally landscaped front and rear grounds, including a charming shared rear courtyard space. Additional basement storage space provides added convenience and utility. Ideally located just steps from Sorauren Park, vibrant cafés, acclaimed restaurants, boutique shopping, transit, and the renowned Roncesvalles retail strip. An exceptional opportunity to acquire a well-maintained multi-residential asset in a premier urban location with strong tenant appeal, stable income potential, and long-term upside.
See MoreKey Info
- 2-Storey Multiplex
- No Parking
- No Garage
- Wright Ave / Sorauren Ave
- 1500-2000 Approximate Sq Feet
- No Ensuite Laundry
- Radiant Gas Heating
- A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $9,123 in 2026
- Possession: tbd
Details
- No Fireplace
- 5 + 1 Kitchens
- Designation: Other
- MLS #W13484466
- RE/MAX ULTIMATE REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 4 4-Piece Bathrooms | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
Roncesvalles, Toronto is a west Toronto neighbourhood notable for its singles, renters, university grads, executives and education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 30 to 54.
Families
Kids Per Family
1.0
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
51%
of residents are
single and loving it.
51% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
57%
of residents
are renters.
57% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
54%
of residents are
university grads.
54% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$117K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 14% |
| Culture | 12% |
| Government | 12% |
| Management | 10% |
| Business | 10% |
Immigrants
30%
of residents were
born outside of Canada.
30% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
2.8% from India
All-time
Birthplace - Recent
0.5% from India
Recent
Foreign Languages
Foreign Languages
| Polish | 3% |
| Portuguese | 3% |
| French | 3% |
| Hungarian | 2% |
| Spanish | 2% |
Religions
Religions
| Christian | 47% |
| Buddhist | 4% |
| Muslim | 2% |
| Jewish | 2% |
| Hindu | 2% |
Social Housing
Social Housing Buildings
3
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
