23 Abbs Street, Toronto, ON
Roncesvalles, Toronto · MLS® W13876226
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About this home
In short
- Ideal For An Investor Seeking A Turnkey Triplex Or An End User Looking To Live In One Unit While Renting Out The Rest To Offset Their Mortgage.
- Beautifully Maintained & Upgraded Triplex Featuring A Renovated Owner's Suite (1,316 sq ft) With Hardwood Flooring, Modern Kitchen With Stainless Steel Appliances...
- Two Second-Floor Tenant Apartments (1,165 sq ft) Offer Separate Entrances, Kitchens, Four-Piece Baths, Open-Concept Living Spaces And Private Patios.
- Currently Fully Tenanted With One Of The Smaller Upper Units Becoming Vacant in November.
Ideal For An Investor Seeking A Turnkey Triplex Or An End User Looking To Live In One Unit While Renting Out The Rest To Offset Their Mortgage. Income Analysis Attached. Income of $89,102. Expenses of $29,276. NOI of $59,826. Excellent Investment Opportunity In The Highly Sought After Queen West Neighbourhood! Beautifully Maintained & Upgraded Triplex Featuring A Renovated Owner's Suite (1,316 sq ft) With Hardwood Flooring, Modern Kitchen With Stainless Steel Appliances, Finished Basement, Spacious Primary Bedroom, And Walk-Out To Private Patio. Two Second-Floor Tenant Apartments (1,165 sq ft) Offer Separate Entrances, Kitchens, Four-Piece Baths, Open-Concept Living Spaces And Private Patios. Potential To Reconfigure Into Four Units. Currently Fully Tenanted With One Of The Smaller Upper Units Becoming Vacant in November. Option To Maintain Vacant For Owner Occupier Or Rent At A Higher Rental Rate. Located On A Charming, Private Cul-De-Sac Just Steps To Queen Street, Dundas West, And Roncesvalles, With Easy Access To Shops, Restaurants, And Transit.
Key facts
- Property type
- Other, 2-Storey
- MLS®
- W13876226
- Bedrooms
- 3
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 35.99 × 70 ft
- Cross streets
- Queen West & Brock Ave
- Parking
- 2 parking
- Driveway
- Right Of Way
- Basement
- Finished, Half
- Heating
- Water
- A/C
- Wall Unit(s)
- Exterior
- Stucco (Plaster), Wood
- Foundation
- Block
- Roof
- Not Applicable
- Sewer
- Sewer
- Property tax
- $8,425 / 2026
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
w/o to patio · porcelain floor · 5 pc ensuite
open concept · combined w/living · parquet
parquet · window · closet
open concept · window · parquet
ceramic floor · window · pot lights
walk-in closet(s) · hardwood floor · juliette balcony
open concept · hardwood floor · window
open concept · hardwood floor · window
ceramic floor · window · south view
open concept · hardwood floor · combined w/dining
stainless steel appl · modern kitchen · hardwood floor
open concept · hardwood floor · pot lights
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readThe 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.
Neighbourhood & location
Roncesvalles, Toronto, ON
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Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,199,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,631
- Property tax
- $702
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,333
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,455
- Toronto municipal land transfer tax
- $26,455
- Estimated closing costs
- $52,910
Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $397,835
- Principal paid down
- $146,520
- Interest paid
- $251,315
- Balance remaining
- $1,052,680
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.