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124 Close Avenue

124 Close Avenue

Toronto W01, ON

  • 5 bed
  • 3 bath
  • approx. 2000-2500 sqft
  • Duplex
$1,150,000

Not your typical income property-this solid home offers beautiful character, established rental income and exciting possibilities. Whether you're an investor looking for rental income, a multi-generational family or a buyer dreaming of making a character-filled Toronto home your own, 124 Close Avenue offers the charm, generous square footage and versatility to suit a variety of visions.This spacious and beautifully preserved three-storey semi sits on a quiet, one-way street in the heart of South Parkdale, offering approximately 2,500 sq. ft. of living space, beautiful architectural details and a location that's hard to beat. Currently configured with two separate living spaces, including a main-floor bachelor suite and a spacious four-bedroom residence spanning three levels, the property generates excellent income.Think soaring ceilings, original fireplaces, gracious wide hallways and the kind of timeless character you just don't find in newer homes. With approximately $150,000 invested in renovations and improvements, the home's original charm has been thoughtfully preserved while bringing it into the present.And then there's the neighbourhood. Walk to Liberty Village, Roncesvalles, Queen West, grocery stores, coffee shops, great restaurants and some of the city's best local spots. The King and Queen streetcar lines are just steps away, while the waterfront, parks, scenic bike trails and access to the Gardiner Expressway are all just minutes from your doorstep.It's the kind of location that makes everyday living easy, with an appeal that works just as well for homeowners as it does for tenants. A home full of character, established income and possibilities for whatever comes next.

Listing Details

Taxes (2026)
$6,010
Listed
October 13, 2026

Price History

Property

Style
3-Storey
Age
100+
Construction
Brick
Roof
Asphalt Shingle
Foundation
Concrete Block
Interior
Water Heater
Lot Size
19.92 x 97.83 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
King St W & Jameson Ave
Zoning
Residential 332- Duplex
Parcel Number
213400138
Possession
Other
Occupancy
Tenant

Included

Inclusions
Fridge x2, Stove x2, washer, dryer.
Exclusions
Tenants Belongings.

Schools

Elementary

  • Holy Family Catholic School0.1 km

    Catholic · Toronto CDSB · 220 students

    Grade 3 reading: 14% met the provincial standard · Grade 6 math: 42% met the provincial standard

  • Dr. Rita Cox – Kina Minogok Public School0.1 km

    Public · Toronto DSB · 820 students

    Grade 3 reading: 60% met the provincial standard · Grade 6 math: 40% met the provincial standard

  • Parkdale Junior and Senior Public School0.7 km

    Public · Toronto DSB · 465 students

    Grade 3 reading: 56% met the provincial standard · Grade 6 math: 24% met the provincial standard

Secondary

  • Parkdale Collegiate Institute0.2 km

    Public · Toronto DSB · 635 students

    Grade 10 literacy: 86% met the provincial standard

  • Msgr Fraser College (Southwest)1.5 km

    Catholic · Toronto CDSB

  • ÉSC Saint-Frère-André1.7 km

    French Catholic · CS catholique MonAvenir · 350 students

    Grade 10 literacy: 96% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area M6K

Population
42,110
Private dwellings
25,403
Median age
35.6
Average household size
1.8
Median household income
$72,000

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

Residential Freehold in Toronto W01 · last 12 months

Median sold price
$1,022,500
Homes sold
482
Median days on market
15
Sale-to-list price
100.8%

Based on 482 recorded sales of residential freehold properties in Toronto W01 over the last 12 months.

Rooms

4-piece on Main, 4-piece on Second, 4-piece on Third

Third

  • Bedroom11'8" x 9'5"
  • Primary Bedroom16'9" x 10'9"

Second

  • Bedroom16'10" x 10'9"
  • Bedroom13'4" x 9'10"
  • Kitchen14'1" x 9'10"

Main

  • Bedroom13'3" x 12'
  • Dining Room9'6" x 8'8"
  • Kitchen14' x 6'10"
  • Living Room14'3" x 13'

Listed by

RE/MAX PROFESSIONALS INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$230,000

Estimated Monthly Payment

$5,650

Land transfer tax

Estimated land transfer tax$19,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,650/mo (20% down, 5.5%)

Taxes: $501/mo · Insurance: $288/mo

Estimates only. Consult a financial advisor.

R

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