85 Walmer Road

ActiveAnnex / Yorkville / Summerhill · Annex108 days on marketMLS® C13021728

$2,324,900

$664 / sq ft

Bedrooms8

Bathrooms6

Interior3,500 sq ft

TypeMulti-Family

ListingFor Sale

Days on Market108

About this property

A five-unit Annex Semi Detached property with the kind of envelope and location that is not being built at today's replacement cost. Legal four-plex above grade plus a legal non-conforming lower suite across 5,225+ sq.ft. on Walmer Road, one of the most tenured income streets in central Toronto. In-place rents sit well below current Annex benchmarks. Income reflects long-tenured tenancies rather than today's market. The unit mix is differentiated - not five interchangeable bachelors. Unit 2 on the main floor is a 1,396 sq.ft. parlour-floor residence with a 21-foot living room, fireplace, oversized kitchen, and a 17-foot principal bedroom. Unit 5 on the third floor (1,171 sq.ft.) is configured with two kitchens, two four-piece baths, two primary bedrooms, an office, and a dining room - lives as one generous suite today. Unit 4 (758 sq.ft.) has a four-piece ensuite, walk-in closet, and living space. Unit 3 (710 sq.ft.) is a full one-bedroom with fireplace, kitchen, and dining. Unit 1 in the lower level (1,191 sq.ft., legal non-conforming) reads as a proper apartment: one-bedroom plus 15-foot den, full kitchen, three-piece bath, and private utility room. Three distinct buyer paths converge here. For the investor, five legal income streams on a single folio, a demand floor set by U of T, downtown professionals, and the Dupont / Spadina subway corridor. For the owner-investor - Multiple units are suitable and are amongst the most substantial owner's suites found inside a purpose-built Annex income property; live in it and let the other four units carry the debt while optionality is preserved. For the long-view buyer planning a single-family reversion - 5,225+ sq. ft. of interior envelope is a credible footprint for a top-of-market Annex restoration, and the existing plumbing stacks, kitchens, and floor plates make either path possible without starting from zero. Walking distance to Bloor Street, Casa Loma, the University of Toronto, and the Spadina subway line.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	C13021728
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	3,500 sq ft
Beds / Baths	8 bed · 6 bath
Neighbourhood	Annex
City	Annex / Yorkville / Summerhill
Postal Code	M5R 2X6
Province	ON
Listed Date	April 20, 2026
Days on Market	108
Price per Sq Ft	$664
Brokerage	BOSLEY REAL ESTATE LTD.