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$2,888,000Asking Price

565 Markham St

South Annex, Toronto

Semi-Detached
6 + 2
Bedrooms
4
Baths
2
Parking
Days on Market

Luxury, income-producing triplex located at the crossroads of Annex, Seaton Village, University, and Little Italy. This fully renovated property offers an incredible investment opportunity with $145K in annual rent and a 5% CAP rate (gross inc). Ideally situated steps from the revitalized Mirvish Village, min to UofT, and on the subway line, it boasts versatility, ample parking, and future potential for a laneway home. Whether expanding your portfolio or living in style while earning rental income, this property has it all, including a stunning 2-level, 3-4 bedroom owner-ready suite. Nestled in one of Torontos most vibrant, walkable neighborhoods, this triplex offers unparalleled convenience. Subway access, schools, parks, eclectic dining, and the amenities of Bloor, Bathurst, and Harbord Streets are all steps away, ensuring ultra-low vacancy risk. Each of the three fully renovated units features spacious layouts, modern kitchens, updated bathrooms, and private outdoor spaces. The 2nd/3rd-floor owner-sized suite exudes Manhattan-inspired luxury with exposed brick, a floating staircase, and west-facing windows that flood the space with light. The 3-4 bedroom design makes it ideal for those seeking both comfort and practicality. The main-floor 2-bedroom unit features showroom-quality finishes, a private walk-out to the garden, and garage access. The basement suite, with its high ceilings, heated concrete floors, and sleek design, is a premium rental option. The exterior includes a private garden and a large 2-car garage, offering additional income potential or tenant convenience. With its prime location, thoughtfully upgraded interiors, and untapped laneway home potential, this turnkey triplex is a rare find in one of Torontos most dynamic neighborhoods. Dont miss this exceptional investment opportunity!

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Luxury, income-producing triplex located at the crossroads of Annex, Seaton Village, University, and Little Italy. This fully renovated property offers an incredible investment opportunity with $145K in annual rent and a 5% CAP rate (gross inc). Ideally situated steps from the revitalized Mirvish Village, min to UofT, and on the subway line, it boasts versatility, ample parking, and future potential for a laneway home. Whether expanding your portfolio or living in style while earning rental income, this property has it all, including a stunning 2-level, 3-4 bedroom owner-ready suite. Nestled in one of Torontos most vibrant, walkable neighborhoods, this triplex offers unparalleled convenience. Subway access, schools, parks, eclectic dining, and the amenities of Bloor, Bathurst, and Harbord Streets are all steps away, ensuring ultra-low vacancy risk. Each of the three fully renovated units features spacious layouts, modern kitchens, updated bathrooms, and private outdoor spaces. The 2nd/3rd-floor owner-sized suite exudes Manhattan-inspired luxury with exposed brick, a floating staircase, and west-facing windows that flood the space with light. The 3-4 bedroom design makes it ideal for those seeking both comfort and practicality. The main-floor 2-bedroom unit features showroom-quality finishes, a private walk-out to the garden, and garage access. The basement suite, with its high ceilings, heated concrete floors, and sleek design, is a premium rental option. The exterior includes a private garden and a large 2-car garage, offering additional income potential or tenant convenience. With its prime location, thoughtfully upgraded interiors, and untapped laneway home potential, this turnkey triplex is a rare find in one of Torontos most dynamic neighborhoods. Dont miss this exceptional investment opportunity!

Key Info

  • 3-Storey Semi-Detached
  • 0-Car Laneway Driveway
  • 2-Car Detached Garage
  • Bathurst & Bloor
  • Basement: Apartment, Separate Entrance
  • 2 + 1 Kitchens
  • Water Gas Heating
  • Wall Unit A/C

Property

  • Lot Size 25 x 125 Feet
  • Brick Exterior
  • Taxes were $13,240 in 2024
  • Possession: TBD

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #C11915436
  • FREEMAN REAL ESTATE LTD.

Extras

  • Strength in numbers: 555 & 557 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in an A1 location.
Room Floor Dimensions Details
1 Living Room Main 17.09' x 12.34' Bay Window, Open Concept, Combined W/Dining
2 Kitchen Main 17.09' x 8.23' Stainless Steel Appliances, Pantry
3 Bedroom Main 11.15' x 13.85' Hardwood Floor, Window, Glass Block Window
4 Bedroom Main 9.68' x 11.15' Hardwood Floor, Walk-in Closet, Picture Window
5 Living Room 2nd 12.76' x 10.01' Walkout To Deck, Combined W/Dining, Bay Window
6 Kitchen 2nd 16.50' x 8.50' Open Concept, Beamed, Renovated
7 Bedroom 2nd 10.99' x 14.07' Hardwood Floor, Picture Window, West View
8 Bedroom 2nd 9.84' x 12.24' Walkout To Deck, Hardwood Floor, East View
9 Bedroom 3rd 14.99' x 15.68' Hardwood Floor, 3-PieceEnsuite, Closet
10 Bedroom 3rd 15.16' x 16.83' Hardwood Floor, 3-PieceEnsuite, Double Closet
11 Kitchen Basement 10.99' x 7.68' Heated Floor, Open Concept, Combined W/Living
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on 2nd Floor
Washroom1 3-Piece Bathroom on 3rd Floor
Washroom1 3-Piece Bathroom in Basement

Who lives here?

South Annex, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.

Families

Kids Per Family

0.7

kids per family
in the neighbourhood.

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

Singles

59% of residents are
single and loving it.

59% singles

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

Renters

59% of residents
are renters.

59% renters

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

Education

69% of residents are
university grads.

69% university grads

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

Income

Average Household Income

$141K

is the average household
income in the neighbourhood.

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

Professions

Professions

Government 16%
Sales 14%
Business 11%
Culture 10%
Management 9%

Immigrants

28% of residents were
born outside of Canada.

28% immigrants

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

Birthplace - All

China was once home to 4.4% of immigrants.
Portugal 3.2%
Italy 2.0%
USA 1.9%
UK 1.5%

4.4% from China
All-time

Birthplace - Recent

China was once home to 0.8% of immigrants.
USA 0.6%
India 0.3%
France 0.2%
UK 0.2%

0.8% from China
Recent

Foreign Languages

Foreign Languages

Portuguese 5%
Cantonese 4%
Italian 3%
Mandarin 3%
French 2%

Religions

Religions

Christian 40%
Jewish 7%
Buddhist 2%
Muslim 1%
Hindu 1%

Social Housing

Social Housing Buildings

1

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

4

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)