454 Donlands Avenue
Toronto E03, ON
- 8 bath
- 2,365 sqft
- Investment
This meticulously maintained 2-storey multiplex offers a flexible layout of separate self-contained living spaces across three levels, each with its own kitchen and entrance access - ideal for investors, multi-generational families, or owner-occupiers looking to offset their mortgage with rental income. With 3+ bedrooms, 8 washrooms, and roughly 3,200 sq ft of total living space, this well-built 2001 home was designed for flexible & income-generating use. The main and second floors feature bright, spacious principal rooms, generous closets, a walk-out balcony from the primary bedroom, and a walk-out to a covered front porch, while the lower level offers a separate entrance and two additional bedrooms - perfect for extended family living or as a rented unit. Currently partially tenanted, the property offers immediate holding income with room to lease additional space, giving buyers flexibility to configure the property to suit their own plans. Set on a generous 39.5 x 106.5 ft lot, the property includes a detached 1.5-car garage with potential for additional parking income. Forced air gas heat, central air conditioning, municipal water and sewers, & an owned water heater round out the mechanicals. The property is currently zoned Residential Detached (RD) and fronts Donlands Ave, a City-identified major street; under Toronto's current Major Streets Zoning By-law, qualifying RD-zoned lots on designated major streets may permit small-scale apartment buildings up to six storeys and up to 60 units as-of-right, with significantly reduced parking requirements - a meaningful policy-driven upside for buyers considering redevelopment or intensification, though actual permitted density and unit yield for this specific lot should be independently confirmed with the City and a qualified planner. Steps to Donlands Subway Station on Line 2, with the future Ontario Line's Cosburn Station (Pape & Cosburn) currently under construction.
Listing Details
- Taxes (2026)
- $7,474
- Listed
- September 21, 2026
Price History
Listing history
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Property
- Lot Size
- 39.5 x 106.5 Feet
Parking
- Garage
- Single Detached
Location & Legal
- Cross Street
- Donlands Ave & O'Connor Dr
- Zoning
- 334 - Multiplex
- Parcel Number
- 103800401
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 2 To 5 Units
Community
Postal area M4J
- Population
- 35,128
- Private dwellings
- 15,338
- Median age
- 42
- Average household size
- 2.4
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto E03 · last 12 months
- Median sold price
- $1,097,000
- Homes sold
- 730
- Median days on market
- 14
- Sale-to-list price
- 102.8%
Based on 730 recorded sales of commercial properties in Toronto E03 over the last 12 months.
Listed by
RE/MAX REALTRON REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,365 sq ft
- Price per sq ft
- $589.85
- Annual property tax
- $7,474
- Tax per sq ft
- $3.16
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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