- Bedrooms
- 8+4
- Bathrooms
- 10
- Size
- 5,000 +sq ft
- Lot
- 50 x 118 ft
- Tax a year
- $17,0542024 tax year
- Parking
- 6none
- Days on market
- Members
The brief
About 121 Fourth St
121 Fourth St is an 8+4-bedroom, 10-bathroom multiplex in New Toronto, Toronto, listed for sale at an asking price of $4,495,000 (MLS® W12450015).
Exceptional 10-unit investment property in South Etobicoke. Completely renovated in 2018, featuring new wiring, plumbing, and modern kitchens with quartz counters and stainless steel appliances. Each unit includes in-suite laundry and A/C. The basement's height is 7.6 feet, and a security system with 6 cameras provides peace of mind. A 2020 roof and 6 parking spaces complete this impressive offering. The total square footage, as per floor plans, measures an impressive 6,648 square feet. The property's location adds to its appeal, with its proximity to the waterfront, walking/cycling trails, schools, Humber College's Lakeshore Campus, and public transit (including GO Train access). The existing mortgage is available for takeover at a rate of 3.30% with a maturity date at the end of 2028.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $17,054 / 2024
- MLS® number
- W12450015
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Days on market
- Size
- 5000 + sqft
- Lot Size
- 50 x 118 ft
- Listed on
- Parking
- None, 6 Parking
Property details
Property
- Property Type
- Multiplex
- Style
- 3-Storey
- Community
- New Toronto
- Municipality
- Toronto
Building
- Size
- 5000 + sqft
- Construction
- Brick
Inside
- Bedrooms
- 8+4
- Bathrooms
- 10
- Bathroom Details
- 3 × 4pc 3rd, 3 × 4pc 2nd, 4 × 4pc Lower
- Basement Type
- Apartment
- Kitchens
- 6
Parking
- Driveway
- Private
- Garage Type
- None
- Additional Parking
- 6
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Wall Unit
- Heating Type
- Water
Land
- Sewer
- Sewers
- Frontage
- 50 ft
- Depth
- 118 ft
- Lot Size
- 50 x 118 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 121 Fourth St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $4,495,000 | N/A | Pc | W12450015 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $899,000
- Total mortgage amount
- $3,596,000
- Total interest payment
- $2,556,100
- Total purchase cost
- $7,051,100
- Mortgage payment
- $20,507/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$21,928- Rent $0
- Shortfall $21,928
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $98,850
- Toronto municipal land transfer tax
- $118,750
- Total land transfer tax
- $217,600
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $209,125
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $4,495,000
- $62,375
- Ontario total
- $98,850
Toronto’s municipal tax has its own higher brackets at this price, so it adds $118,750.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 5,900 sq ft548 m²
- Street frontage
- 50 ft15.2 m
- Depth
- 118 ft36 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m11 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 51 building permits issued within 250 m in the last 2 years250 m
- 4 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 8.2 km8.2 km
- Mapped parcel: about 5,910 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 590 m590 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Pigments Services Canada, Inc. — New Toronto Plant, 660 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
The building1
- RentSafeTO evaluation: 86/100 (August 2026)The City of Toronto’s inspection score for this apartment building’s common areas and upkeep: 10 units, 3 storeys, built 1983. It does not cover individual units.At the address
City of Toronto (RentSafeTO)
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RD (f7.5; a230; d0.4)By-law
569-2013Municipality
Toronto1 f7.5
Frontage: at least 7.5 m.
2 a230
Lot area: at least 230 m² per dwelling unit.
3 d0.4
Density: floor area is capped at 0.4 times the lot area.
4 Where this is written
Chapter 10, section 10.20 of By-law 569-2013
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
2 building permits cleared at this address in the City’s file.
Interior AlterationsClosed
Proposed interior alterations to create an additional suite in the basement of an existing multiple dwelling building.
Issued June 7, 2019
Building Permit Related(MS)Closed
HVAC - Proposed interior alterations to create an additional suite in the basement of an existing multiple dwelling building.
Issued June 7, 2019
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
66 X THIRD STSite planUnder Review
Site Plan application for a four-storey municipal shelter containing 51 beds.
130 m away66 X THIRD STOfficial plan or zoning amendmentOMB Appeal
Proposal to amend the Zoning By-law to allow for a new 4-storey municipal shelter with approximately 50 beds.
130 m away66 Y THIRD STSite planUnder Review
Site Plan application for a four-storey municipal shelter containing 51 beds.
130 m away66 Y THIRD STOfficial plan or zoning amendmentOMB Appeal
Proposal to amend the Zoning By-law to allow for a new 4-storey municipal shelter with approximately 50 beds.
130 m away2950 LAKE SHORE BLVD WOfficial plan or zoning amendmentOMB Appeal
Proposal for a 9-storey (28.7 m in height including mechanical penthouse) mixed use building containing 95 residential units and 485 sq. m of commercial gross floor area at grade. A total GFA of 8,683 sq. m is proposed, resulting in an FSI of 5.71. A total of 32 parking spaces are proposed within 1-level of underground parking. Vehicular access to the site would be provided from Eighth Street via an existing driveway on the adjacent property to the north.
360 m away210 ISLINGTON AVEOfficial plan or zoning amendmentOMB Appeal
The proposed development consists of a 26-storey mixed use building, containing 352 dwelling units with retail uses at-grade. The proposed net density is 8.83 times the area of the lot. The total building height is 80.47 metres, exclusive of the 5-metre-high mechanical penthouse. 147 vehicular parking spaces are proposed in underground parking levels and 265 bicylcle parkings spaces are proposed on ground level and the first underground level.
370 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mimico GO | GO Transit train: Lakeshore West | 1.6 km |
| Long Branch GO | GO Transit train: Lakeshore West | 3.8 km |
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 4.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Second Street Junior Middle SchoolToronto DSB | Public · grades JK–8 · French Immersion | 250 m | 71%Grade 6 average |
| Seventh Street Junior SchoolToronto DSB | Public · grades JK–5 | 350 m | 73%Grade 3 average |
| The Holy Trinity Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.3 km | 80%Grade 6 average |
| École élémentaire Micheline-Saint-CyrConseil scolaire Viamonde | French-language public · grades JK–6 | 3.7 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Lakeshore Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 1.4 km | 42%Grade 9 math |
| Father John Redmond Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 1.4 km | 75%Grade 9 math |
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 3.2 km | 68%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 7.5 km | 69%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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