93 Spadina Rd, Toronto, Ontario, M5R 2T1
Description
Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of approx. $268,000 with a projected NOI of $195,000. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood.
Home Details
List Date
2026-09-08
Style
3-Storey
Type
Multiplex
Status
Active
Year Built
UNKNOWN
Features
Bedrooms
2
Bathrooms
16
Heating
Baseboard
Cooling
-
Parking
3 Spaces
Appliances & Equipment
Inclusions
1 Coin-Operated Washer & Dryer (proven secondary income stream); 4 Full-Sized Fridges & 12 Undercounter Fridges; 1 Stove, 2 Cooktops, 1 Oven& 13 Hot Plates; 1 Central Vacuum System; 11 Window A/C Units; 3 Security Cameras & Digital Monitoring Equipment. All existing ElectricalLight Fixtures (ELF) & Window Coverings not owned by tenants.
Exterior
Construction
Brick
Water & Sewer
Municipal
Lot Size
32 x 130 Feet
Garage
None
Taxes
$13K (2026)
Listing Brokerage
Brokerage Name
RE/MAX ULTIMATE REALTY INC.
Samuel Muttiah
Transition Realtor | Canada to Southern California
KW Beverly Hills
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