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House for sale: 135 FIFTH STREET, Toronto
135 Fifth Street
$985,000
Toronto , Ontario M8V2Z5
4 bed
2 bath
About the Property

Lakeshore Blvd / Islington Offers Welcome Anytime. A versatile semi-detached property that combines comfortable family living with incredible investment potential. Nestled in the sought-after waterfront community of New Toronto, this property's unique layout makes it an ideal choice for investors seeking dual income streams or multi-generational living. Main House Bright and inviting, the 3-bedroom main home boasts a sun-filled, open-concept living and dining area with large windows that flood the space with natural light.

Two of the three bedrooms feature walk-out terraces, Income Property/Studio Suite The self-contained studio suite, with a separate entrance, is a turnkey income-generating asset. Featuring a combined living and sleeping area, a functional kitchen, and a full bathroom, the unit is currently rented month-to-month to a reliable long-term tenant. This suite provides consistent cash flow with minimal management, perfect for offsetting your mortgage or boosting your investment return. Additional Benefits - 4 laneway parking spaces, a rare and valuable feature in the area. - Steps from waterfront trails, parks, and vibrant Lakeshore amenities. - Conveniently located close to transit and major highways, providing easy access to downtown Toronto. Whether you're looking for steady cash flow or a property with long-term appreciation in a thriving community, this home delivers the perfect blend of comfortable living for tenants and a hassle-free investment for owners. Don't miss out on this opportunity. (id:27476)

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Property Details
MLS® Number
W12223739
Type
Single Family
Community Name
New Toronto
Ownership Type
Freehold
Land Size
16 x 118 FT
Parking Space Total
4
Building
Building Type
House
Storeys
2
Square Footage
1500 - 2000 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
4
Amenities
Park, Place of Worship, Public Transit, Schools
Exterior Finish
Aluminum siding, Brick
Fireplace Present
No
Basement Type
N/A (Unfinished)
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning
Utilities
Water
Municipal water
Utility Sewer
Sanitary sewer
Room Layout
Primary Bedroom
Second level
4.76 m x 3.3 m
Bedroom 2
Second level
3.31 m x 3.77 m
Bedroom 3
Second level
2.72 m x 3.51 m
Living room
Main level
4.46 m x 4.26 m
Dining room
Main level
2.18 m x 4.53 m
Kitchen
Main level
3.3 m x 3.42 m
Bedroom 4
Main level
3.35 m x 4.63 m
Kitchen
Main level
4.07 m x 3.26 m
Living room
Main level
4.07 m x 3.26 m
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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$985,000 - 135 FIFTH STREET, Toronto Ontario M8V 2Z5, Canada | Real Estate For Sale | HomeAds.ca

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$775,000

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Apartment for sale: 416 - 2261 LAKESHORE BOULEVARD W, Toronto
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Apartment for sale: 4 ELSINORE Path Unit# 402, Toronto
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16 NAUTICAL LANE, Toronto
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- fully renovated, 700 Square foot unit, open concept ...

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Royal York Rd and Lake Shore Blvd W ...

Updated July 2nd 2025 1:24 pm

Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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