About this property

An exceptional opportunity in the heart of Toronto's vibrant College West neighbourhood! This substantial 2-storey semi-detached home is currently configured into 4 self-contained living spaces, offering tremendous flexibility for investors, end users or multi-generational families. A rare opportunity with 2 units already vacant and a third becoming vacant October 31st, allowing the new owner to establish their own rents or occupy one unit while generating income from the others to help offset mortgage costs. The remaining unit is occupied by a long-term tenant who would welcome the opportunity to stay. Current and previous rental income demonstrate the property's excellent income-generating potential, with additional upside as vacant units are re-leased. Situated in a dynamic west-end community, just steps to trendy restaurants, cafés, independent shops, parks, schools, Dufferin Mall and convenient TTC access, including the College streetcar and Lansdowne subway station. Whether you're looking to expand your investment portfolio or establish roots in one of Toronto's most exciting neighbourhoods, 1242 College Street offers location, versatility and opportunity!

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	C13881704
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	1,100 sq ft
Beds / Baths	4 bed · 4 bath
Property Taxes (2025)	$4,902
Neighbourhood	Dufferin Grove
City	Downtown Toronto / Waterfront
Postal Code	M6H 1C2
Province	ON
Listed Date	October 9, 2026
Days on Market	0
Price per Sq Ft	$1,108
Brokerage	ENGEL & VOLKERS TORONTO CITY