267 Albany Avenue, Toronto, ON M5R 3C7

About this home

Prudent Investment Vehicle, or Live in the Heart of the Annex and Cover your Mortgage Payments. An outstanding opportunity on a friendly Annex street, with Palmerston Elementary, Essex, and Harbord Collegiate catchment. Short walk to UofT and George Brown Campuses. This well-maintained three-storey semi-detached home offers three self-contained residential suites, established rental income and exceptional flexibility in one of Toronto's most sought-after neighbourhoods. An appealing option for investors, end-users seeking income to help offset ownership costs, or those considering a future multi-generational or single-family home. The upper two floors feature a three-bedroom suite ($2,780/month), the main floor a one-bedroom suite ($1,845/month), and the basement a bachelor suite ($938/month). Total current rental income of $5,563/month. All three tenancies are month-to-month. A compelling opportunity to secure a versatile income property in an established, highly walkable downtown neighbourhood, with long-term potential to make it your own. Each unit has its own laundry facilities. UPGRADES BY SELLER: Significant improvements over the years include basement underpinning and floor lowering, roof replacements, updated 1st-floor windows, furnace, and replacement of the main drain from the street. Additional upgrades include a sump pump, backwater valve, and basement flooring (2021), along with a renovated main-floor kitchen and updated appliances throughout the 3 suites. A well-maintained property with substantial investment in key structural and mechanical components.

Home details

Days on market

Not reported

Property type

Semi-Detached

MLS® number

C14033736

Source status

New

Bedrooms

4

Bathrooms

3

Postal code

M5R 3C7

Kitchens

3

Kitchens above grade

2

Kitchens below grade

1

Family room / den

No

Interior size (reported range)

1500-2000 (units not reported)

Lot depth

100 ft

Garage parking spaces

Not reported

Total parking spaces

0

Occupancy

Tenant

Possession type

Flexible

Garage

None

Annual property tax

8179.53

Basement

Apartment

Interior features

None

Exterior features

Deck, Porch

Architectural style

3-Storey

Parking features

Street Only

Pool features

None

Fireplace

No

Waterfront

No

Garage available

No

Heating system

Forced Air

Heating fuel

Gas

Cooling

None

Sewer

Sewer

Direction facing

East

Construction materials

Brick, Other

Roof

Unknown

Foundation

Unknown

MLS entry age (not confirmed DOM)

21 days

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Sewer

Sewer

Heating system

Forced Air

Heating fuel

Gas

Cooling

None

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Room sizes

Bedrooms above grade

3

Bedrooms below grade

1

Rooms above grade

8

Rooms below grade

3

Den / family room reported

No

Room counts and measured room dimensions are separate source fields. No measurements are inferred.

Price history

Asking amount

$1,118,000

1. Oct 14, 2026

   Original MLS entry

   Entry into the source MLS system; distinct from days on market.

This history uses dates and prices supplied by the listing source. Some details may be missing.

Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Map and neighbourhood

Region / county

Toronto

Municipality

TORONTO

MLS® community

Annex

MLS® district

Toronto C02