323 Mortimer Avenue, Toronto E03, ON

$2,779,000
MLS#:E13217568
8 beds
8 baths
3000-3500 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] fourplex located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,779,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 8 Bedrooms and 8 Bathrooms with 4 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 33.66 x 110 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Accessory Apartment
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to an outstanding LEGAL 4 UNIT multiplex built to the highest standards in one of East York's most desirable pockets. This all-brick residence spans approximately 5000 square feet and delivers an ideal blend of quality craftsmanship, versatile living, and strong rental income potential. The property features two (2) spacious three-bedroom, four-bathroom upper units designed for comfortable family living, complemented by two (2) bright garden-level bachelor suites perfect for generating supplementary income. All 4 units will be vacant at closing giving you a great opportunity to set your own rents and choose your tenants! Each unit boasts custom cabinetry and en-suite laundry - thoughtful touches that elevate daily living and attract quality tenants. Two dedicated parking spots round out the offering.Whether you're a multi-generational family seeking connected yet independent living spaces, a seasoned investor building a portfolio, or a savvy buyer looking to offset mortgage costs through rental revenue, this property checks every box. Nestled near the vibrant Danforth corridor, residents will enjoy easy access to eclectic dining, cafes, patios, boutique shopping, and lively cultural events. Ample parks and trails offer green space for weekend relaxation, while Donlands and Pape Stations ensure seamless commuting across the city. Families will appreciate the proximity to great schools, and everyday essentials are just minutes away at local grocers and shops.Meticulously constructed and strategically located, 323 Mortimer Avenue represents a rare opportunity to own a turnkey multiplex in a community that never goes out of style.

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Key Features

Bedrooms
8
Bathrooms
8
Kitchens
4
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/29/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeFourplex
ConstructionBrick
Lot Size33.66 × 110 Feet
CountyToronto
Annual Tax$11,432
Legal DescriptionPART OF LOTS 765 AND 766, PLAN M484, PART 1 66R34199

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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323 Mortimer Avenue, Toronto E03, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 323 Mortimer Avenue, Toronto E03, ON M4J 2C9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$2,223,200
Monthly Mortgage$12,918
Property Tax (Est.)$953
Utilities & Maint.$350
Total Monthly Cost$14,221

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto E03.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.