51 Mcgee Street, Toronto, ON M4M 2L1, Toronto E01, ON
Bed 8
Bath 4
Excellent investment opportunity at 51 McGee St! Newly renovated and well-designed legal fourplex featuring four self-contained rental units. Each unit has its own front entrance and rear entrance, offering excellent privacy and convenience. Basement 2-bedroom unit rented at $2,460/month. 1st floor 2-bedroom unit rented at $2,500/month until November. 2nd floor unit is currently vacant and was previously rented at $3,000/month. 3rd floor 2-bedroom unit is currently vacant and was previously rented at $2,800/month. Potential total income approximately $11,000/month. Great Airbnb potential with possible higher income. Excellent opportunity for investors seeking strong cash flow and future upside.
Property Highlights
For Sale
MLS NO.
E13223202
Type
Residential Freehold
Sub Type
Fourplex
Bedrooms
8
Bathrooms
4
Parking
4.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Fourplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
E13223202
Living Area Range
2500-3000
Total Bedrooms
8
Bedrooms Above Grade
6
Bedrooms Below Grade
2
Total Bathrooms
4
Total Kitchens
4
Kitchens Above Grade
3
Kitchens Below Grade
1
Rooms Above Grade
14
Rooms Below Grade
2
Interior Features
None
Fireplace
No
Central Vacuum Yn
No
Construction
Brick
Roof
Flat
Lot Width
25.0
Lot Size Units
SquareFeet
Parking Total
4.0
Covered Spaces
4.0
Garage Type
Other
Garage
No
Pool
None
Direction Facing
East
Cooling
Window Unit(s)
Heat Source
Electric
Heat Type
Baseboard
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
No
Full Address
51 Mcgee Street, Toronto, ON M4M 2L1
City
Toronto E01
Neighbourhood
South Riverdale
County / Region
Toronto
Province / State
ON
Postal Code
M4M 2L1
Cross Street
QUEEN /DVP
Directions
QUEEN /MCGEE
Country
CA
List Price
$2,890,000
Annual Taxes
$8,212
Tax Year
2025
Legal Description
PT LT 195 PL 105 TORONTO PT 1, 63R4518; CITY OF TORONTO
Possession Type
Flexible
Possession Details
ANY TIME
Listing Office
ROYAL ELITE REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-06-01T17:35:37Z
Media Updated
2026-06-01T17:39:01Z
Photos Updated
2026-06-01T17:39:01Z
Last Modified
2026-06-13T19:26:39Z
System Modified
2026-06-13T19:26:39.343557Z
MLS Status
Terminated
Architectural Style
3-Storey
Basement
Apartment
Ddfyn
No
Expiration Date
2026-11-17
Foundation Details
Brick
Heat Source Multi
Electric
Heat Type Multi
Baseboard
Hstapplication
Included In
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Parcel Number
210760218
Parking Spaces
4
Public Remarks
Excellent investment opportunity at 51 McGee St! Newly renovated and well-designed legal fourplex featuring four self-contained rental units. Each unit has its own front entrance and rear entrance, offering excellent privacy and convenience. Basement 2-bedroom unit rented at $2,460/month. 1st floor 2-bedroom unit rented at $2,500/month until November. 2nd floor unit is currently vacant and was previously rented at $3,000/month. 3rd floor 2-bedroom unit is currently vacant and was previously rented at $2,800/month. Potential total income approximately $11,000/month. Great Airbnb potential with possible higher income. Excellent opportunity for investors seeking strong cash flow and future upside.