$2,389,000
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57 Cowan Avenue, Toronto (south Parkdale), ON M6K2N1

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9 Beds
9 Baths
- Sq Ft

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:58753)

Listing By: RICHARD ISAAC HIMELFARB - FOREST HILL REAL ESTATE INC. cncrea2 Realty.com
  • MLS® W12890260
  • Date Listed03/17/2026
  • Days on Realty 83 Days
  • Bedrooms 9
  • Bathrooms 9 baths
  • Lot Size -
  • Sewer Other
  • Property Type Other
  • Water Public

Interior Features

  • Cooling Wall unit
  • Heating Radiant heat, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

King/Dufferin

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for M6K2N1

Discover key demographics, population statistics, and environmental insights for the Toronto (south Parkdale), ON area.

Walkability in ON / M6K2N1

Source: Walk Score

94/100

Walker's Paradise

Walk Score ®

89/100

Excellent Transit

Transit Score ®

81/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.

Transit Summary

15 nearby routes: 9 bus, 6 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 84/100, Transit Score: 81/100, Bike Score: 81/100.

Points of Interest near 57 COWAN AVENUE, Toronto (South Parkdale), ON M6K2N1

Frequently Asked Questions for 57 COWAN AVENUE

Source: Realty.com

57 COWAN AVENUE, Toronto (South Parkdale), ON M6K2N1 in Toronto (South Parkdale), ON M6K2N1 is a other listed at $2,389,000. Highlights include 9 bedrooms, 9 bathrooms. Realty.ca has 10 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 10 photos of 57 COWAN AVENUE.

The full address for this home is 57 COWAN AVENUE, Toronto (South Parkdale), ON M6K2N1.

57 COWAN AVENUE has been listed on Realty.com since Tue March 17, 2026

Daily errands do not require a car. Transit is convenient for most trips. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 84/100, Transit Score: 81/100, Bike Score: 81/100.

Listing provided courtesy of: FOREST HILL REAL ESTATE INC.
Listing agent: RICHARD ISAAC HIMELFARB

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