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6 + 3
BEDROOMS 4
BATHROOMS 2 + 1
KITCHENS 15 + 5
ROOMS C14150242
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Property Description
Prime investment opportunity, or perfect live/rent, on iconic Pembroke Street in Toronto's coveted Garden District. Impressive secured rent generating over $120,000 in annual income and operating at an impressive 5.2% cap rate. Showcasing stunning turn-of-the-century architecture on a substainial lot with 21.5-ft-width and private front courtyard, this extensively renovated three-unit property delivers an exceptional investment profile. Thoughtfully upgraded throughout, including all major mechanical systems offering individually controlled split-unit HVAC and multiple meters. 46 Pembroke St offers immediate income and compelling long-term potential. The stunning owner's suite will be vacant on closing, providing added flexibility to occupy one unit while benefiting from established rental income. Or, accommodate multigenerational ownership and capitalize on future rental potential. Secured tenancies provide a strong existing income foundation. Private rear parking for two vehicles, a rare downtown amenity, and the flexibility of a well-maintained, income-producing asset in an established rental market. Ideally located steps to TTC routes and streetcars, minutes to subway stations, multiple schools and poised to benefit from the future Ontario Line and enhanced transit connectivity. A rare opportunity to acquire a substantially upgraded, multi-unit investment combining strong income, exceptional flexibility and long-term appreciation potential in one of Toronto's most resilient rental markets. This one checks all the boxes! Don't miss out
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Property Features
Floor Drain, In-Law Suite, Separate Heating Controls, Upgraded Insulation, Water Heater Owned, Right Of Way, Accessible Public Transit Nearby, Parking, Open Floor Plan, Multiple Entrances
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Property Details
Property Type
Semi-Detached
Lot Size
22' x 105'
Taxes
$8,287 (2026)
Basement
Apartment, Finished with Walk-Out, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Freeman Real Estate Ltd.
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