132 Marion Street, Toronto, ON

Roncesvalles, Toronto · MLS® W13849246

$1,895,000
For Sale
Listed 18 days agoNo offer date stated
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◎ Directions
6+1Bedrooms
5Bathrooms
4Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • The Ultimate Roncesvalles Opportunity.
  • 132 Marion St offers a rare chance for seasoned investors, live-in buyers looking to subsidize their mortgage, or visionary buyers looking to build their dream home...
  • This legacy 5-plex features a spacious, freshly painted 3-bedroom main floor unit (vacant!), plus a vacant 2-bedroom unit-giving you immediate double vacancy to set...
  • Highlighted by Toronto's 6-plex reforms, a rare coach house/garage with room for 2 cars inside plus total parking for up to 5 vehicles in the rear, and a private...
  • Major capital upgrades completed: Brand-New Roof ($66k, 2026), Paint ($13k, 2026), and Full Garage Renovation ($20k+, 2025).

The Ultimate Roncesvalles Opportunity! 132 Marion St offers a rare chance for seasoned investors, live-in buyers looking to subsidize their mortgage, or visionary buyers looking to build their dream home in one of Toronto's premier neighbourhoods. This legacy 5-plex features a spacious, freshly painted 3-bedroom main floor unit (vacant!), plus a vacant 2-bedroom unit-giving you immediate double vacancy to set market rents, move in, or execute your custom redesign! Highlighted by Toronto's 6-plex reforms, a rare coach house/garage with room for 2 cars inside plus total parking for up to 5 vehicles in the rear, and a private driveway. Major capital upgrades completed: Brand-New Roof ($66k, 2026), Paint ($13k, 2026), and Full Garage Renovation ($20k+, 2025). Potential ~$145k gross income (~5% cap rate). See Schedule for capex history (~$166k invested) & pro forma!

Key facts

Property type
Other, 3-Storey
MLS®
W13849246
Bedrooms
6+1 (7 total)
Bathrooms
5
Size
3000-3500 sq ft
Lot
36.5 × 133.25 ft
Cross streets
Roncesvalles/Queen
Parking
4 garage · 6 parking (detached)
Driveway
Private
Basement
Finished with Walk-Out
Kitchens
5 (4 + 1)
Heating
Water
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$11,319 / 2025
Days on market
18
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Parkdale Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Roncesvalles · asking prices
$2.16Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest listings on the market.

Per square foot, these ask about $1,048/sqft; this home lists at $583/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.90MThis home2.10M2.40M2.42M2.60M1.30MThis home vs active comparables

Neighbourhood & location

Roncesvalles, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dovercourt-Wallace Emerson-Junction
$1.06M
Niagara
$901K
Waterfront Communities C1
$613K
Stonegate-Queensway
$1.49M
Church-Yonge Corridor
$584K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Parkdale Junior and Senior Public School
51%
Parkdale Junior and Senior Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 51% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Garden Avenue Junior Public School · Public elementary0.3 km · 91% at standard
Fern Avenue Junior and Senior Public School · Public elementary0.4 km · 75% at standard
Holy Family Catholic School · Catholic elementary1.0 km · 45% at standard
Dr. Rita Cox – Kina Minogok Public School · Public elementary1.0 km · 56% at standard
City View Alternative Senior School · Public elementary1.1 km
Shirley Street Junior Public School · Public elementary1.1 km · 70% at standard
Howard Junior Public School · Public elementary1.1 km · 76% at standard
St Ambrose Catholic School · Catholic elementary1.3 km · 85% at standard
St Helen Catholic School · Catholic elementary1.4 km · 74% at standard
Brock Public School · Public elementary1.4 km · 81% at standard
Alexander Muir/Gladstone Ave Junior and Senior Public School · Public elementary1.5 km · 73% at standard
The Grove Community School · Public elementary1.5 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$8,637/mo
$363KIncome needed
5.2×Price ÷ income
$1,993Weekly cost
$68,750Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

90%mortgage
Mortgage $8,637Property tax $943Total carry $9,580

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,382per month

Mortgage amount $1,516,000 · 4.49% over 25 years

$379,000Down payment (20.0%)
$1,516,000Loan before insurance
$0CMHC premium
$9,325Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,382
Property tax
$943
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,325

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$34,375
Toronto municipal land transfer tax
$34,375
Estimated closing costs
$68,750

Plus your down payment of $379,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,145/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$998,667Total interest paid
$2,514,667Total of all payments
Principal $1,516,000 Interest $998,667
YearPrincipalInterestBalance
1$33,831$66,756$1,482,169
2$35,367$65,220$1,446,803
3$36,973$63,614$1,409,830
4$38,651$61,935$1,371,179
5$40,406$60,181$1,330,773
6$42,241$58,346$1,288,532
7$44,159$56,428$1,244,373
8$46,164$54,423$1,198,210
9$48,260$52,327$1,149,950
10$50,451$50,136$1,099,499
11$52,741$47,845$1,046,758
12$55,136$45,451$991,622
13$57,640$42,947$933,982
14$60,257$40,330$873,726
15$62,992$37,594$810,733
16$65,853$34,734$744,881
17$68,843$31,744$676,038
18$71,968$28,618$604,070
19$75,236$25,351$528,834
20$78,652$21,935$450,182
21$82,223$18,364$367,959
22$85,956$14,630$282,002
23$89,859$10,728$192,143
24$93,939$6,648$98,204
25$98,204$2,382$0

At the end of your 5-year term

Total paid over the term
$502,933
Principal paid down
$185,227
Interest paid
$317,706
Balance remaining
$1,330,773

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$6,300/mo
$75,600Gross annual rent
2.9%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.0%
Gross yield
− Property tax $11,319− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $54,565

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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