257 PARKWOOD AVENUE
Toronto · L4P2X2
$699,999
About this residence
Exceptional opportunity to own a fully upgraded income-generating duplex, ideal for investors or first-time buyers seeking to offset mortgage costs with rental income. This well-maintained property features two completely self-contained units with separate living spaces. The front unit offers a spacious 4-bedroom, 2-bathroom layout, complemented by an attached garage, while the rear unit features a comfortable 2-bedroom, 1-bathroom suite-perfect for extended family or rental income. Extensively updated, the home showcases modern finishes and quality improvements throughout, including a newer custom cedar exterior, upgraded systems, and heated crawl spaces for added efficiency and comfort. Equipped with two full kitchens, 2 fridges, 2 stoves, dishwasher, 2 washers and 1 dryer, and supported by 200-amp electrical service, this property is truly turnkey. Strong rental potential with the front unit generating approximately $2,500-$3,000/month and the rear unit $1,800-$2,200/month, making it a compelling investment. Conveniently located just minutes from Highway 404, schools, the lake, and local amenities. A rare opportunity combining lifestyle, flexibility, and solid income potential. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Duplex
- Bedrooms
- 6 (6 above)
- Bathrooms
- 3
- Storeys
- 1
- Living area
- 2,000–2,500 sq ft
- Lot size
- 50 x 125 FT
- Frontage
- 50 feet
- Parking
- 5 spaces
- Annual tax
- $4,200
- MLS®
- N13009762
- Board
- Toronto
- Status
- Active
- Listed
- Apr 16, 2026
- Updated
- Apr 16, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Main level | 4.34 × 2.95 m |
| Kitchen | Main level | 4.06 × 1.02 m |
| Family room | Main level | 4.37 × 4.11 m |
| Bedroom 2 | Main level | 3.2 × 3.02 m |
| Bedroom 3 | Main level | 3.25 × 1.91 m |
| Bedroom 4 | Main level | 3.15 × 2.13 m |
| Kitchen | Main level | 4.17 × 3.43 m |
| Dining room | Main level | 2.74 × 2.59 m |
| Foyer | Main level | 1.32 × 1.14 m |
| Bedroom | Main level | 3.96 × 2.64 m |
| Bedroom 2 | Main level | 3.3 × 2.62 m |
| Foyer | Main level | 1.93 × 1.37 m |
Features & finishes
Appliances
- Dishwasher
- Dryer
- Garage door opener remote(s)
- Water Heater
- Two Washers
- Two stoves
- Two Refrigerators
Heating
- Forced air
- Natural gas
Cooling
- Ventilation system
- Window air conditioner
Basement
- Crawl space
Exterior
- Stucco
- Wood
Foundation
- Block
Parking
- Attached Garage
- Garage
Lot
- In-Law Suite
Sewer & Utilities
- Sanitary sewer
- Cable
- Electricity
- Sewer
Community
- Community Centre
Architecture
- Bungalow
Financing
Estimated monthly payment
$3,274/mo
Loan amount
$559,999
Down payment
$140,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · L4P- 29,861
- Population
- 40
- Median age
- $102,000
- Median income
- $775,000
- Median home value
- 80%
- Home ownership
- 35 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 257 PARKWOOD AVENUE?
257 PARKWOOD AVENUE is listed for $699,999, in Toronto.
How many bedrooms and bathrooms does 257 PARKWOOD AVENUE have?
It offers 6 bedrooms and 3 bathrooms.
What type of home is 257 PARKWOOD AVENUE?
257 PARKWOOD AVENUE is a Multi-family, Duplex set over 1 storey.
How large is 257 PARKWOOD AVENUE?
The home offers approximately 2,000–2,500 sq ft of living space on a lot measuring 50 x 125 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 $3,274. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $4,200 per year.
Is there parking?
Yes — 257 PARKWOOD AVENUE includes 5 parking spaces.
What is the Toronto area like?
Toronto has a population of about 29,861, a median age of 40, a 80% home-ownership rate, with an average commute of about 35 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $775,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $102,000.
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