Residentiae.
For Sale · Toronto

14 ELGIN STREET

Toronto · L3V1R9

$2,299,000

Bedrooms
Bathrooms
7Parking
5,242Sq Ft

About this residence

Great investment opportunity in Otilia! This well-maintained 12-unit property offers a strong income potential with a desirable unit mix of six 1-bedroom units and six bachelor suites. The building includes seven parking spaces, adding extra value and convenience for tenants. Ideally located close to downtown, public transit, shopping, and schools, this property is highly attractive to students and urban renters alike. A solid addition to any investment portfolio with consistent rental demand in a prime location. Clean Phase 1 report available. (id:61366)

Property details

Property type
Multi-family
Style
Multi-Family
Living area
5,242 sq ft
Lot size
50 x 105 FT
Frontage
50 feet
Parking
7 spaces
Annual tax
$18,208
MLS®
S13062022
Board
Toronto
Status
Active
Listed
Apr 30, 2026
Updated
May 4, 2026

Features & finishes

Appliances

  • Washer
  • Dryer

Heating

  • Hot water radiator heat
  • Natural gas

Financing

Mortgage calculator

Estimated monthly payment

$10,752/mo

Amortization

Loan amount

$1,839,200

Down payment

$459,800

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Toronto

About the area

Census · L3V
48,651
Population
48
Median age
$77,500
Median income
$600,000
Median home value
70%
Home ownership
24 min
Avg. commute

Age distribution

0–14
14%
15–24
10%
25–44
23%
45–64
27%
65+
25%

Tenure

70% owners30% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 14 ELGIN STREET?

14 ELGIN STREET is listed for $2,299,000, in Toronto.

What type of home is 14 ELGIN STREET?

14 ELGIN STREET is a Multi-family, Multi-Family.

How large is 14 ELGIN STREET?

The home offers approximately 5,242 sq ft of living space on a lot measuring 50 x 105 FT.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $10,752. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $18,208 per year.

Is there parking?

Yes — 14 ELGIN STREET includes 7 parking spaces.

What is the Toronto area like?

Toronto has a population of about 48,651, a median age of 48, a 70% home-ownership rate, with an average commute of about 24 minutes.

What is the average home value in Toronto?

The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.

What is the median household income in Toronto?

The median household income in this area is approximately $77,500.

Private viewings

Arrange a private viewing of 14 ELGIN STREET.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

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