54 Ryerson Avenue, Toronto, ON M5T 2P5
Kensington-Chinatown, Toronto · Near Bathurst / Dundas St W · View map
About this home
Location! Location! Attention Investors & End Users! Rare Solid Brick Legal Duplex, Proudly Owned & Maintained By The Same Owner For Over 20 Years, Offering Exceptional Income Potential With 7 Bedrooms, 3 Kitchens & A Highly Functional Multi-Level Layout. Separate Walk-Up Basement With Its Own Kitchen & Rare High Ceilings For The Area, Creating Excellent Potential For A Third Living Area & Additional Rental Income. Freshly Painted Throughout With Spacious Bedrooms, High Ceilings & Generous Living Space, Ideal For Investors, Multi-Generational Families Or End Users Looking To Live In One Unit While Generating Income From The Rest. Steps To Parks, Schools, 24-Hr TTC, Chinatown, Shopping, Restaurants & Everyday Amenities. Live In, Rent Out & Maximize The Potential Of This Versatile Downtown Property - A Rare Opportunity With Multiple Income Possibilities In A Prime Location!
The home
- Type
- Duplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 6
- Basement bedrooms
- 1
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 11
- Basement
- Separate Entrance
- Lot size
- 18.2 x 75.5 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Water
- Air conditioning
- Window Unit(s)
- Fireplace
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $7,573/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- IMMEDIATE
- Cross street
- Bathurst / Dundas St W
- Neighbourhood
- Kensington-Chinatown
More
- Price per sq ft
- ~$0 (at 1,750 sq ft)
- MLS® number
- C13783068
No matching details. Ask Will instead
The home and its surroundings
- Hospital
- Library
- Park
- Public Transit
- Rec./Commun.Centre
- School
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
54 Ryerson Avenue, Toronto, ON M5T 2P5
Kensington-Chinatown, Toronto · Near Bathurst / Dundas St W
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 54 Ryerson Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 54 Ryerson Avenue
Answers come straight from this home’s MLS® listing.
How much is 54 Ryerson Avenue listed for, and what would it cost each month?
54 Ryerson Avenue is listed for $1. With 20% down ($0), the mortgage payment would be roughly $0 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $631 a month, all in. That figure is an illustration, not a quote.
Is 54 Ryerson Avenue freehold or a condo, and is there a monthly fee?
54 Ryerson Avenue is a duplex in Kensington-Chinatown, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 54 Ryerson Avenue have?
54 Ryerson Avenue has 6 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms. The listing gives the style as 2-storey.
Does 54 Ryerson Avenue have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
Does 54 Ryerson Avenue have a finished basement?
The listing describes the basement as separate entrance. It counts 1 bedroom on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 54 Ryerson Avenue?
54 Ryerson Avenue is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 54 Ryerson Avenue, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 18.2 x 75.5 ft.
How is 54 Ryerson Avenue heated and cooled?
Heating is water (gas). Cooling is window unit(s).
What are the property taxes for 54 Ryerson Avenue?
Property taxes are $7,573 a year (2026), or about $631 a month.
Where is 54 Ryerson Avenue?
54 Ryerson Avenue is in the Kensington-Chinatown community of Toronto. The nearest main intersection is Bathurst / Dundas St W. The postal code is M5T 2P5.
Is 54 Ryerson Avenue still for sale?
Yes. It is an active listing (MLS® C13783068). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 54 Ryerson Avenue asking?
Similar properties for sale nearby right now include 20 Redwing Place at $1 (7 bed), 177 Wallace Avenue at $1 (7 bed) and 114 Baldwin Street at $1. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 54 Ryerson Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 54 Ryerson Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Kensington-Chinatown, picked by style, size and price.
Multiplex$120 Redwing Place, Toronto7 bed · 6 bath · Banbury-Don MillsCourtesy of: RE/MAX REALTRON REALTY INC.View home →
Triplex$1177 Wallace Avenue, Toronto7 bed · 4 bath · Dovercourt-Wallace Emerson-JunctionCourtesy of: PROEDGE REALTY INC.View home →
Vacant land$1114 Baldwin Street, Toronto0 bath · Kensington-ChinatownCourtesy of: ROYAL LEPAGE ESTATE REALTYView home →Courtesy of: AVION REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.