- Bedrooms
- 5
- Bathrooms
- 3
- Size
- 2,000–2,500sq ft
- Per sq ft
- $511at the range’s middle
- Lot
- 19.92 x 97.83 ft
- Tax a year
- $6,0102026 tax year
- Built
- 100+
- Parking
- 0none
- Days on market
- Members
The brief
About 124 Close Ave
124 Close Ave is a 5-bedroom, 3-bathroom duplex in South Parkdale, Toronto, listed for sale at an asking price of $1,150,000 (MLS® W14029340).
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.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall44/100−$923/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 158 homes with 5 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $6,010 / 2026
- MLS® number
- W14029340
- Board
- TRREB MLS®
- Property Type
- Duplex
- Building Age
- 100+
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 19.92 x 97.83 ft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Duplex
- Style
- 3-Storey
- Community
- South Parkdale
- Municipality
- Toronto
Building
- Size
- 2000-2500 sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 5
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc Main, 1 × 4pc 2nd, 1 × 4pc 3rd
- Basement Type
- Unfinished
- Kitchens
- 2
Parking
- Driveway
- None
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Other
Land
- Sewer
- Sewers
- Frontage
- 19.92 ft
- Depth
- 97.83 ft
- Lot Size
- 19.92 x 97.83 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge x2, Stove x2, washer, dryer.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Br | 3.66 × 4.04 m | — | Main |
| Living | 3.96 × 4.34 m | — | Main |
| Kitchen | 2.08 × 4.27 m | — | Main |
| Dining | 2.64 × 2.9 m | — | Main |
| Br | 3.28 × 5.13 m | — | 2nd |
| Br | 3.0 × 4.06 m | — | 2nd |
| Kitchen | 3.0 × 4.29 m | — | 2nd |
| Br | 2.87 × 3.56 m | — | 3rd |
| Primary | 3.28 × 5.11 m | — | 3rd |
Listing history
Buy/sell history for 124 Close Ave, 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 | $1,150,000 | N/A | For Sale | W14029340 |
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
- $230,000
- Total mortgage amount
- $920,000
- Total interest payment
- $654,100
- Total purchase cost
- $1,804,100
- Mortgage payment
- $5,247/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
34%Monthly carrying cost
$5,748- Rent $4,825
- Shortfall $923
Rental income opens at $4,825, the median asking rent of 158 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $19,475
- Toronto municipal land transfer tax
- $19,475
- Total land transfer tax
- $38,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $30,475
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 $1,150,000
- $15,000
- Ontario total
- $19,475
Toronto’s municipal tax uses the same brackets at this price, so it adds another $19,475.
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
- 1,949 sq ft181 m²
- Street frontage
- 19.92 ft6.1 m
- Depth
- 97.83 ft29.8 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.
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
R (d1.0) (x324)By-law
569-2013Municipality
Toronto1 d1.0
Density: floor area is capped at 1.0 times the lot area.
2 x324
Site-specific exception 324: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(324)
4 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
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
162 DUNN AVESite planUnder Review
INACTIVE Site Plan Approval application to permit 6-storey addition to the existing Lakeside Longterm care facility at 150 Dunn Avenue, with approximately 11,922.44 square metres of gross floor area and 192 new long-term care beds. These new beds will be jointly operated alongside the existing 128 beds at Lakeside LTC, bringing the total number of long-term care beds on-site to 320.
160 m away160 DUNN AVESite planUnder Review
INACTIVE Site Plan Approval application to permit 6-storey addition to the existing Lakeside Longterm care facility at 150 Dunn Avenue, with approximately 11,922.44 square metres of gross floor area and 192 new long-term care beds. These new beds will be jointly operated alongside the existing 128 beds at Lakeside LTC, bringing the total number of long-term care beds on-site to 320.
170 m away10 MAYNARD AVESite planUnder Review
Proposal to remove the existing three-storey front portion of the residential building and to construct a two-storey addition for the purpose of introducing a Place of Worship. The 14 residential units located in the existing rear portion of the building will be maintained.
220 m away150 DUNN AVESite planUnder Review
INACTIVE Site Plan Approval application to permit 6-storey addition to the existing Lakeside Longterm care facility at 150 Dunn Avenue, with approximately 11,922.44 square metres of gross floor area and 192 new long-term care beds. These new beds will be jointly operated alongside the existing 128 beds at Lakeside LTC, bringing the total number of long-term care beds on-site to 320.
270 m away145 COWAN AVEOfficial plan or zoning amendmentOMB Appeal
This proposal was appealed to the OLT and subsequently settled with Council adoption in April 2025. The proposal is for an 18-storey (57m excluding mechanical penthouse) building comprised of a total of 14,850 m2 (14,517m2 of residential, 333m2 of non-residential) and a total of 230 dwelling units. A total of 6 vehicular and 263 bicycle parking spaces are proposed.
290 m away1304 KING ST WOfficial plan or zoning amendmentOMB Appeal
This proposal was appealed to the OLT and subsequently settled with Council adoption in April 2025. The proposal is for an 18-storey (57m excluding mechanical penthouse) building comprised of a total of 14,850 m2 (14,517m2 of residential, 333m2 of non-residential) and a total of 230 dwelling units. A total of 6 vehicular and 263 bicycle parking spaces are proposed.
310 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
Multiplexes for sale in South Parkdale right now
- For sale now
- 5
- Median asking price
- $1.7M
- New in 7 days
- 0
- Price cuts
- 20%
Middle half: $1.65M to $1.78M
2 in 28 days
1 listing
This home is asking 32% below the median, lower than three quarters of them.
See all homes in South ParkdaleAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Exhibition GO | GO Transit train: Lakeshore West | 1.3 km |
| Bloor GO | GO Transit train: KitchenerUP Express train | 2.5 km |
| Lansdowne Station | TTC subway: Line 2 Bloor-Danforth | 2.5 km |
| Dufferin Station | TTC subway: Line 2 Bloor-Danforth | 2.5 km |
| Dundas West Station | TTC subway: Line 2 Bloor-Danforth | 2.6 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 and UP Express 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 |
|---|---|---|---|
| Holy Family Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 100 m | 69%Grade 6 average |
| Dr. Rita Cox – Kina Minogok Public SchoolToronto DSB | Public · grades JK–8 | 150 m | 62%Grade 6 average |
| Parkdale Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 · French Immersion | 650 m | 56%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 2.3 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Parkdale Collegiate InstituteToronto DSB | Public · grades 9–12 | 250 m | 61%Grade 9 math |
| Msgr Fraser College (Southwest)Toronto CDSB | Catholic · grades 9–12 | 1.5 km | — |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 1.7 km | 69%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 1.8 km | 82%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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Sold prices in South Parkdale are shown to signed-in members.