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$3.5M total
—
Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
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Occupancy
97%
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)
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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.
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.
Confidential diligence documents for 53 ARGYLE STREET, Toronto (Trinity-Bellwoods).
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.