223 WATER STREET NORTH
Toronto · N1R3B9
$499,900
About this residence
Great investment opportunity: legal duplex with strong income potential. You can get vacant possession and set your own rents. This up-and-down property includes two units 1-bedroom unit, two bedroom unit plus a possible of a basement in-law suite (currently the son is living there). The upper unit offers a playful loft for extra living . The main level boasts high ceilings, a den/office, and a front and rear entrance. Ample parking behind the house. Conveniently located near the schools, hospital, shopping, and downtown, with nearby parks, river trails, and walking paths for outdoor recreation. Twenty minutes to the 401 and a bus stop directly across the road.? Two Separate Hydro meters A real Money Maker. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Duplex
- Bedrooms
- 4 (4 above)
- Bathrooms
- 3
- Storeys
- 2
- Living area
- 1,500–2,000 sq ft
- Lot size
- 33 x 165 FT
- Frontage
- 33 feet
- Parking
- 3 spaces
- Annual tax
- $3,782
- MLS®
- X12947170
- Board
- Toronto
- Status
- Active
- Listed
- Apr 1, 2026
- Updated
- May 17, 2026
Features & finishes
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Full
- Separate entrance
- Walk-up
Exterior
- Brick
Foundation
- Stone
Parking
- No Garage
Lot
- In-Law Suite
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$2,338/mo
Loan amount
$399,920
Down payment
$99,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · N1R- 42,928
- Population
- 41
- Median age
- $77,000
- Median income
- $600,000
- Median home value
- 59%
- Home ownership
- 26 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 223 WATER STREET NORTH?
223 WATER STREET NORTH is listed for $499,900, in Toronto.
How many bedrooms and bathrooms does 223 WATER STREET NORTH have?
It offers 4 bedrooms and 3 bathrooms.
What type of home is 223 WATER STREET NORTH?
223 WATER STREET NORTH is a Multi-family, Duplex set over 2 storeys.
How large is 223 WATER STREET NORTH?
The home offers approximately 1,500–2,000 sq ft of living space on a lot measuring 33 x 165 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 $2,338. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $3,782 per year.
Is there parking?
Yes — 223 WATER STREET NORTH includes 3 parking spaces.
What is the Toronto area like?
Toronto has a population of about 42,928, a median age of 41, a 59% home-ownership rate, with an average commute of about 26 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 $77,000.
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