Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

132 Marion Street, Toronto, ON M6R 1E7

6+1 beds · 5 baths · 4+1 kitchens · 14+4 rooms · 6 parking spaces · 3000-3500 sq ft · Multiplex
$1,995,000
Property tax
$11,319 / year

The Ultimate Roncesvalles Investment - Prime Double Vacancy Opportunity! 132 Marion St offers a rare chance for seasoned investors or end-users looking to house-hack and subsidize their lifestyle. This legacy-held 5-plex features a spacious, freshly painted & refreshed 3-bedroom main floor unit (vacant!), plus a 2-bedroom unit turned over August 1st - giving you immediate double vacancy to set your own market rents or move right in! Note: Interior photos of the 3-bedroom and 2-bedroom units were taken prior to the previous tenants moving out. The 3-bedroom has since been freshly painted and touched up; the 2-bedroom has had cabinets replaced and repaired. A true "densification dream" under Toronto's 6-plex reforms, featuring a rare 4-car coach house and private driveway. Heavy lifting is complete with meticulous exterior & capital upgrades: Brand-New Roof ($66k, 2026), Fresh Paint ($13k, 2026), and Full Garage Renovation ($20k+, 2025). Interior provides a brilliant blank canvas to renovate to taste and unlock a projected ~$145k gross income - current listing price represents a 5% cap rate on conservative assumptions. See Schedule for full capex/reno history (~$166k invested) & financials!

MLS number
W13682774
Type
Multiplex
Status
Active
Bedrooms
7
Bathrooms
5
Postal code
M6R 1E7
Photos
50
26days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Parkdale Junior and Senior Public School5.1 / 10
Elementary · Regular Track
TDSB boundary
Show on the map ↑Homes for sale inside it →
Parkdale Collegiate Institute7.4 / 10
Secondary · Regular Track
TDSB boundary
Show on the map ↑Homes for sale inside it →
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Garden Avenue Junior Public School
Toronto DSB
Elementary305 m9.1 / 10
91% met the standard
Fern Avenue Junior and Senior Public School
Toronto DSB
Elementary405 m7.5 / 10
75% met the standard
St Vincent de Paul Catholic School
Toronto CDSB
Elementary589 m8.3 / 10
83% met the standard
Howard Junior Public School
Toronto DSB
Elementary1.1 km7.6 / 10
76% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 410 people.

$131,000Median household income
75.9%Own their home
18.8%Detached houses
42Median age
22.1%Born outside Canada
59.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35201325 — the few blocks around this address, home to 410 people. It describes the area, not this property.

410Population
40Average age
2.6Household size
$204,000Average household income
$131,000Median household income
76%Own their home
24%Rent
0%Condominiums
22%Born outside Canada
60%University degree
$1,680,000Average home value
5%Low income
36%Not in the labour force
30%Never married
$15,000 to $19,9992%
$20,000 to $24,9992%
$35,000 to $39,9992%
$45,000 to $49,9992%
$60,000 to $69,9992%
$70,000 to $79,9994%
$80,000 to $89,9994%
$100,000 and over40%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,9996%
$200,000 and over20%

Percentages are of the 250 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$399,000 · minimum here is $399,000
$8,833.43per month
Borrowed before insurance$1,596,000
Total borrowed$1,596,000
Interest over 25 years at 4.5%$1,054,029

If you rented it out

-$9,776.68per month out of pocket
Rent$0.00
Everything it costs to hold$9,776.68
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — none currently in progress.

1688 QUEEN ST W479 m
Closed · applied October 7, 2009

The applicant is proposing to construct a 3rd storey addition over existing two storey building and a 3 storey addition at rear. The purpose of this site plan application is to secure a 1.9 metre section of land at the rear of the property for a lane widening.

What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by ROYAL LEPAGE SIGNATURE REALTY. Listing data provided by the Toronto Regional Real Estate Board.