For Sale · Multifamily

53 ARGYLE STREET, Toronto (Trinity-Bellwoods)

53 ARGYLE STREET, Toronto (Trinity-Bellwoods), ON M6J1N8

$3.5M total

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

97%

About this property

A Rare Opportunity in the Heart of the Ossington District. Step inside this 4,500+ sq. ft. architectural treasure, where historic character meets modern luxury. Built in 1933 as a community centre, 53 Argyle Street has been reimagined into a one-of-a-kind residence with commercial + residential zoning - ideal for live/work flexibility or a creative entrepreneurial vision. Located in the Soho of Toronto - Vogue's pick as the World's 2nd Hippest District - you're just steps from Trinity Bellwoods Park, Queen West, Ossington's vibrant cafe culture, art galleries, and award-winning restaurants. The main floor impresses with open-concept living and dining, a chef's kitchen with granite counters and extra-large fridge, sun-filled atrium and office space. Heated floors and skylights add comfort and light throughout. The second floor features a serene primary suite with walk-in closet, ensuite spa (Roman bath, bidet, sauna), plus three additional bedrooms and a luxe five-piece bath. Upstairs, discover a third-floor retreat - two bedrooms linked by a secret passage that kids will love it, and a copper soaking tub. The finished basement offers 8'5" ceilings, a second kitchen, bathroom, and elevator access - perfect for an artist's studio, guest suite, or private office. Step outside to a private courtyard oasis that you can turn into an entertainer's dream. Additional features include marble and hardwood finishes, central air and alarm system. This property is more than a home - it's a lifestyle, a statement, and an investment in Toronto's most coveted urban playground. (id:66811)

Financial sandbox

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Estimate
Purchase price$3.49M
Down payment30% · $1.05M
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$16K

Projected NOI

$151K

Annual cash flow

$-43K

Cash-on-cash

-4.06%

DSCR

0.78

Going-in cap

4.32%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

47,398

Households

20,080

Median income

$77,500

Median age

39.7

Daytime population

80,053

5-yr growth

6.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 53 ARGYLE STREET, Toronto (Trinity-Bellwoods).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.