85 Walmer Road, Toronto, ON M5R 2X6
Annex, Toronto · Near Bloor and Spadina · View map
About this home
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.
The home
- Type
- Fourplex
- Style
- 2 1/2 Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 8
- Bathrooms
- 6
- Kitchens
- 6
- Rooms
- 17
- Basement
- Apartment
- Lot size
- 29.8 x 127.7 ft
- Faces
- East
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 3
- Driveway spaces
- 2
- Total parking
- 5
- Parking features
- Mutual
Taxes & other
- Property taxes
- $12,556/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Bloor and Spadina
- Neighbourhood
- Annex
More
- Price per sq ft
- ~$517 (at 4,250 sq ft)
- MLS® number
- C13817514
No matching details. Ask Will instead
No features listed yet.
- 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.
85 Walmer Road, Toronto, ON M5R 2X6
Annex, Toronto · Near Bloor and Spadina
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 85 Walmer Road
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 85 Walmer Road
Answers come straight from this home’s MLS® listing.
How much is 85 Walmer Road listed for, and what would it cost each month?
85 Walmer Road is listed for $2,199,000. With 20% down ($439,800), the mortgage payment would be roughly $8,870 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,916 a month, all in. That figure is an illustration, not a quote.
Is 85 Walmer Road freehold or a condo, and is there a monthly fee?
85 Walmer Road is a fourplex in Annex, 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 85 Walmer Road have?
85 Walmer Road has 8 bedrooms and 6 bathrooms. The listing gives the style as 2 1/2 storey.
Does 85 Walmer Road have a garage and parking?
Yes. The listing shows the garage as detached, with room for 3 cars. The driveway adds 2 spaces. In total the listing counts 5 parking spaces.
Does 85 Walmer Road have a finished basement?
The listing describes the basement as apartment. 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 85 Walmer Road?
85 Walmer Road is a fourplex. 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 85 Walmer Road, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 29.8 x 127.7 ft.
How is 85 Walmer Road heated and cooled?
Heating is radiant (gas). The listing does not show air conditioning.
What are the property taxes for 85 Walmer Road?
Property taxes are $12,556 a year (2026), or about $1,046 a month.
Where is 85 Walmer Road?
85 Walmer Road is in the Annex community of Toronto. The nearest main intersection is Bloor and Spadina. The postal code is M5R 2X6.
Is 85 Walmer Road still for sale?
Yes. It is an active listing (MLS® C13817514). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 85 Walmer Road asking?
Similar properties for sale nearby right now include 106 Barton Avenue at $2,389,000 (6+2 bed), 415 Brunswick Avenue at $2,700,000 (11 bed) and 35 Dupont Street at $1,999,999 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 85 Walmer Road 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 85 Walmer Road?
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 Annex, picked by style, size and price.
Fourplex$2,389,000106 Barton Avenue, Toronto6+2 bed · 4 bath · AnnexCourtesy of: SUTTON-HEADWATERS REALTY INC.View home →
Multiplex$2,700,000415 Brunswick Avenue, Toronto11 bed · 8 bath · AnnexCourtesy of: SUTTON GROUP-ASSOCIATES REALTY INC.View home →
Duplex$1,999,99935 Dupont Street, Toronto4 bed · 2 bath · AnnexCourtesy of: HOMELIFE LANDMARK REALTY INC.View home →Courtesy of: BOSLEY REAL ESTATE LTD.
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.