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Other for sale: 57 COWAN AVENUE, Toronto
57 Cowan Avenue
$1,995,000
Toronto , Ontario M6K2N1
9 bed
9 bath
About the Property

King/Dufferin An exceptional and rarely available opportunity to acquire a fully leased 9-unit multiplex in the heart of South Parkdale, one of Toronto's most vibrant and rapidly gentrifying neighbourhoods just steps to trendy King Street West, transit, shops, restaurants, and every day amenities. This well-maintained income property offers zero vacancy, stable tenants, and an excellent cap rate, making it a compelling addition to any investor's portfolio with strong in-place cash flow and long-term upside.

The building features nine self-contained units including two small one-bedroom suites, four well-sized one-bedroom plus living room apartments, and three studio units on the upper floor, creating a diverse unit mix that appeals to a broad tenant base. The current owner has been strategically renovating units as they become vacant, and several suites have already been upgraded, offering clear potential for continued improvements and increased rental income overtime.Situated on a quiet residential street, the property also includes a private backyard with shed and potential for a future parking pad, creating additional value and income possibilities. The building has been well maintained with a good roof and freshly painted doors, and benefits from responsible long-term tenants. Zoned "Multiplex With 7 Or More Self-Contained Units," this is a very rare chance to secure a turn key multi-unit investment in a prime west-end Toronto location with strong cash flow today and meaningful long-term appreciation potential. (id:27476)

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Property Details
MLS® Number
W12890260
Type
Multi-family
Community Name
South Parkdale
Land Size
24 x 87 FT
Building
Building Type
Other
Storeys
3
Square Footage
2500 - 3000 sqft
Bathrooms Total
9
Bedrooms Above Ground
7
Bedrooms Total
9
Amenities
Park, Place of Worship, Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A, N/A, N/A (Finished)
Basement Features
Apartment in basement, Separate entrance
Building Heating Type
Radiant heat
Heating Fuel
Natural gas
Building Cooling Type
Wall unit
Utilities
Water
Municipal water
Utility Sewer
Sanitary sewer
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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Listing provided by: FOREST HILL REAL ESTATE INC.

$1,995,000 - 57 COWAN AVENUE, Toronto Ontario M6K 2N1, Canada | Real Estate For Sale | HomeAds.ca

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Apartment for sale: 209 - 190 MANITOBA STREET, Toronto
$599,900

209 - 190 Manitoba Street, Toronto (Mimico), Ontario

2 bed
2 bath

Cross Streets: Lakeshore/Park Lawn. ** Directions: Park ...

Apartment for sale: 802 - 190 MANITOBA STREET, Toronto
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Apartment for sale: 624 - 200 MANITOBA STREET, Toronto
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624 - 200 Manitoba Street, Toronto (Mimico), Ontario

2 bed
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Cross Streets: Lake Shore/Parklawn/Royal York. ** Directions: ...

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Triplex for sale: 31 TYNDALL AVENUE, Toronto
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KING AND TYNDALL Great Opportunity To Own Gorgeous ...

Multi-Family for sale: 31 TYNDALL AVENUE, Toronto
$1,550,000

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0 bed
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Other for sale: 57 COWAN AVENUE, Toronto
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57 Cowan Avenue, Toronto (South Parkdale), Ontario

9 bed
9 bath

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Apartment for sale: 112 - 8 TEMPLE AVENUE, Toronto
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2 bed
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Apartment for sale: 716 - 8 TEMPLE AVENUE, Toronto
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716 - 8 Temple Avenue, Toronto (South Parkdale), Ontario

3 bed
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Cross Streets: King St W & Dufferin St. ** Directions: ...

Apartment for sale: 103 - 8 TEMPLE AVENUE, Toronto
$719,900

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2 bed
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Cross Streets: King St W & Dufferin St. ** Directions: ...

Apartment for sale: 206 - 8 TEMPLE AVENUE, Toronto
$934,900

206 - 8 Temple Avenue, Toronto (South Parkdale), Ontario

2 bed
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Cross Streets: King St W & Dufferin St. ** Directions: ...

Apartment for sale: 2007 - 231 FORT YORK BOULEVARD, Toronto
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Cross Streets: lake shore blvd west and fort ...

Apartment for sale: 121 - 231 FORT YORK BOULEVARD, Toronto
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Apartment for sale: 1503 - 135 EAST LIBERTY STREET, Toronto
$1

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Other for sale: 20 MAYNARD AVENUE, Toronto
$4,195,000

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20 bed
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Cross Streets: King St W & Jameson Ave. ** Directions: ...

Multi-Family for sale: 20 MAYNARD AVENUE, Toronto
$4,195,000

20 Maynard Avenue, Toronto (South Parkdale), Ontario

0 bed
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$1,100,000

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House for sale: 126 CLOSE AVENUE, Toronto
$999,900

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Duplex for sale: 133 COWAN AVENUE, Toronto
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Apartment for sale: 1004 - 75 EAST LIBERTY STREET, Toronto
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Apartment for sale: PH12 - 270 DUFFERIN STREET, Toronto
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$534,888

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Apartment for sale: 2102 - 51 EAST LIBERTY STREET, Toronto
$599,000

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Apartment for sale: 506 - 150 EAST LIBERTY STREET, Toronto
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Apartment for sale: 1605 - 150 EAST LIBERTY STREET, Toronto
$495,000

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Cross Streets: East Liberty/Strachan. ** Directions: Lakeshore ...

Apartment for sale: 1213 - 150 EAST LIBERTY STREET, Toronto
$649,999

1213 - 150 East Liberty Street, Toronto (Niagara), Ontario

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Cross Streets: East Liberty St/Strachan Ave. ** Directions: ...

Apartment for sale: 1216 - 150 EAST LIBERTY STREET, Toronto
$498,000

1216 - 150 East Liberty Street, Toronto (Niagara), Ontario

1 bed
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Cross Streets: East Liberty/Strachan. ** Directions: West ...

Updated August 1st 2026 9:38 pm

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