150 Park Street, Toronto E06

Price: $1,400,000

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Multi-Family

MLS#: E13112978

FULLY VACANT Purpose-Built Legal Triplex on a detached corner lot in Cliffside the neighborhood. Two 2-bedroom units, one 1-bedroom unit, separate hydro meters, new furnace (2026), on-site laundry, 3 exclusive parking, and a private backyard. Minutes to the GO Station, Scarborough Bluffs, and Kingston Rd. Vacant possession opens the full range of options - live in one and rent the others, lease all three at market, or reposition on your own timeline. No inherited tenancies to work around.

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$1,400,000 - 150 Park Street, Birch Cliff

Multi-Family for Sale in Birch Cliff

Popular Listing
5Beds
3Baths
2,000 - 2,499Sq Ft
Multi-Family
Property Details
MLS Number
E13112978
Property Type
Multi-Family
Status
active
Days on Site
9
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Birch Cliff / Cliffside
Listing Brokerage
MYSAK REALTY INC.
Description

FULLY VACANT Purpose-Built Legal Triplex on a detached corner lot in Cliffside the neighborhood. Two 2-bedroom units, one 1-bedroom unit, separate hydro meters, new furnace (2026), on-site laundry, 3 exclusive parking, and a private backyard. Minutes to the GO Station, Scarborough Bluffs, and Kingston Rd. Vacant possession opens the full range of options - live in one and rent the others, lease all three at market, or reposition on your own timeline. No inherited tenancies to work around.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,192.67/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,120,000Interest: $737,802
Mortgage Amount$1,120,000
Total Interest$737,802
Est. Property Tax$992/mo
Total Cost$1,857,802

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Birch Cliff / Cliffside

Discover Birch Cliff / Cliffside

Birch Cliff / Cliffside is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Birch Cliff / Cliffside

  • Convenient location in Birch Cliff / Cliffside
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Birch Cliff / Cliffside offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

150 Park Street, Birch Cliff / Cliffside

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$992
Insurance (est.)-$292
Net Cash Flow+$2,416

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $700/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Birch Cliff.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Birch Cliff properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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