85 Walmer Road

As stated by the MLS®, nothing inferred.

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$849,900

Above recent sales

181 Bedford Road, Unit 201

2+1 bed · 2 bath·800-899 sq ft·$823/mo fee

Toronto

Listed 1 day ago · Intercity Realty Inc.

Common Element Condo

$899,999

Above recent sales

181 Bedford Road, Unit 203

3 bed · 2 bath·900-999 sq ft·1 parking·$1,159/mo fee

Toronto

Listed 1 day ago · Bay Street Group Inc.

Semi-Detached

$1,149,000

Above recent sales

87 Olive Avenue

3+1 bed · 2 bath·1100-1500 sq ft

Toronto

Listed 1 day ago · Keller Williams Referred Urban Realty

• Listing states: renovated

Condo Apartment

$825,000

Above recent sales

200 Bloor Street W, Unit 1204

1 bed · 1 bath·600-699 sq ft·$711/mo fee

Toronto

Listed 1 day ago · RE/MAX Hallmark Bibby Group Realty

Condo Apartment

$3,950,000

99 Avenue Road, Unit SUBPH3

3+1 bed · 4 bath·3250-3499 sq ft·2 parking·$4,731/mo fee

Toronto

Listed 2 days ago · RE/MAX Professionals Inc.

Detached

$8,995,000

75 Ardwold Gate

4+1 bed · 5 bath·3500-5000 sq ft·8 parking

Toronto

Listed 1 day ago · Harvey Kalles Real Estate Ltd.

A five-unit Annex Semi Detached property with the kind of envelope and location that is not being built at today's replacement cost. Legal four-plex above grade plus a legal non-conforming lower suite across 5,225+ sq.ft. on Walmer Road, one of the most tenured income streets in central Toronto. In-place rents sit well below current Annex benchmarks. Income reflects long-tenured tenancies rather than today's market. The unit mix is differentiated - not five interchangeable bachelors. Unit 2 on the main floor is a 1,396 sq.ft. parlour-floor residence with a 21-foot living room, fireplace, oversized kitchen, and a 17-foot principal bedroom. Unit 5 on the third floor (1,171 sq.ft.) is configured with two kitchens, two four-piece baths, two primary bedrooms, an office, and a dining room - lives as one generous suite today. Unit 4 (758 sq.ft.) has a four-piece ensuite, walk-in closet, and living space. Unit 3 (710 sq.ft.) is a full one-bedroom with fireplace, kitchen, and dining. Unit 1 in the lower level (1,191 sq.ft., legal non-conforming) reads as a proper apartment: one-bedroom plus 15-foot den, full kitchen, three-piece bath, and private utility room. Three distinct buyer paths converge here. For the investor, five legal income streams on a single folio, a demand floor set by U of T, downtown professionals, and the Dupont / Spadina subway corridor. For the owner-investor - Multiple units are suitable and are amongst the most substantial owner's suites found inside a purpose-built Annex income property; live in it and let the other four units carry the debt while optionality is preserved. For the long-view buyer planning a single-family reversion - 5,225+ sq. ft. of interior envelope is a credible footprint for a top-of-market Annex restoration, and the existing plumbing stacks, kitchens, and floor plates make either path possible without starting from zero. Walking distance to Bloor Street, Casa Loma, the University of Toronto, and the Spadina subway line.