Salehian.com 647-325-5000

85 Walmer Road

Annex, Toronto, M5R 2X6

$2,199,000

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  • 8 bedrooms
  • 6 bathrooms
  • 5 parking
  • 3500-5000 sq ft

Listed 27 days ago · MLS® C13817514

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.

Details

Type
Fourplex
Style
2 1/2 Storey
Age
100+ years
Size
3500-5000 sq ft
Lot
29.83 × 127.67 ft
Basement
Apartment
Garage
Detached
Kitchens
6
Property tax
$12,556 (2026)
Neighbourhood
Annex
Municipality
Toronto C02

Interior

Bedrooms
8 above ground
Bathrooms
1 × 4-piece (main), 1 × 4-piece (second), 1 × 4-piece (second), 2 × 4-piece (third), 1 × 4-piece (basement)
Rooms
17 above ground
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Radiant, Gas
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Stone
Age
100+
Faces
East

Parking

Garage spaces
3
Total parking
5
Driveway and parking
Mutual

Lot

Size
29.83 × 127.67 ft

More

Possession
Immediate
Cross street
Bloor and Spadina

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Spadina Subway6 min walk
  • 🚇 Dupont Subway6 min walk
  • 🚆 Toronto Union Station GO3.7 km

Within a 10-minute walk: 10 grocery stores, 142 cafés and restaurants, 31 parks, 9 pharmacies. Nearest grocery: Summerhill Market (550 m). Nearest park: Jean Sibelius Square (150 m).

Schools nearby

Elementary

  • Huron Street Junior Public School
    EQAO: Gr 6 reading 79%, math 59%    6 min walk
  • Palmerston Avenue Junior Public School
    EQAO: Gr 6 reading 88%, math 73%    12 min walk

Secondary

  • Monsignor Fraser College - Annex Campus Catholic11 min walk
  • ALPHA II Alternative School14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5R

Owners / renters
39% / 61%
Median household income
$86,000
Average age
46
Children under 15
8%
Homes
5% detached, 54% high-rise
Commute by transit
25%
Population
26,197

Languages spoken most at home besides English: Mandarin 1.3%, Spanish 1%, Yue (Cantonese) 0.7%, Iranian Persian 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Annex (2025): 35% above the Toronto average, down 12% from the year before.

  • Assault41% above average
  • Break and enter104% above average
  • Auto theft48% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootings36% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 7 active

  • 171 LOWTHER AVE · 350 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2025
    Lift the hold ('H') application for By-law 410-2024.
    Application details
  • 171 LOWTHER AVE · 350 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval for a 11-storey residential building with 64 dwelling units, including the retention of part of the heritage building at 171 Lowther Avenue.
    Application details
  • 40 WALMER RD · 300 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval for a 25-storey building with a mix of rental replacement units (33 units) and condominium ownership units, totalling 253 units.
    Application details
  • 264 ST GEORGE ST · 350 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2025
    Appealed on April 24, 2026.Combined Official Plan & Zoning By-law Amendment for an 18-storey building containing 121 dwelling units, and the adaptive re-use of…
    Application details
  • 38 WALMER RD · 300 m
    Site Plan · Under Review · applied 2022
    Site Plan application to permit a 25-storey mixed use building containing 211 dwelling units and 1,950 square metres of non-residential GFA, including retail,…
    Application details
  • 374 DUPONT ST · 450 m
    Site Plan · Under Review · applied 2021
    Proposal revised:A 16-storey mixed-use building with a wrapped MPH/Amenity at Level 16. Proposal contains 257 dwelling units and 811 square metres of at-grade…
    Application details

7 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 4 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Heritage Listed

This address is on Toronto’s Heritage Register: Listed. The City must get 60 days’ notice before demolition, and it can move to designate the property.

Heritage Register entry

Building permits

No building permits at this address since 2014.

2 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

63 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by BOSLEY REAL ESTATE LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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