MLS® listing
301 Cleveland Street: fourplex for sale
$2,798,000
From the listing brokerage
301/303 Cleveland Street Detached Mid Town Multi Unit Fourplex Building. Four Modern Two Bedroom Suites Beautifully Renovated, Additional Basement Apartment, Underpinned Basement Unit with Approx 7-7.5ft Ceiling. Open Concept Suites with Quartz Countertops, Air Conditioning / Ensuite Laundry In Every Unit / $ 150,000+ Gross Yearly Income. Four Car Parking at Rear- Three Car Garage + Surface Parking + Street Parking Available. Turn-Key. Don't Miss Out On This Exceptional Offering In One Of Toronto's Most Sought-After Neighbourhoods! 5 Min walk to Maurice Cody School, Walking Distance to Yonge and Eglinton and Bayview Subway Station. Excellent Investment Property. A rare opportunity for investors seeking strong returns, owners looking to live in one unit while renting out others (301 Upper is currently vacant), downsizers, multi-generational families, Potential 3rd Storey and Garden Suite- in Prime Davisville Village Bayview and Eglinton.
Facts on the listing
| Square feet | 3500-5000 |
|---|---|
| Style | 2-Storey |
| Basement | Apartment |
| Lot width | 48.42 |
| Lot depth | 100 |
| Lot measured in | Feet |
| Faces | East |
| Parking spaces | 4 |
| Garage | Carport |
| Heating | Radiant |
| Cooling | Wall Unit(s) |
| Kitchens | 5 |
| Property tax | $15,738 |
| Tax year | 2025 |
| Parking | Right Of Way |
| Interior features | Separate Hydro Meter, Storage Area Lockers |
Listing courtesy of CENTURY 21 KING`S QUAY REAL ESTATE INC.. MLS® C13637024.
About this fourplex
301 Cleveland Street is a 9 bedroom fourplex in TRREB's Mount Pleasant East community in Toronto, listed for sale at $2,798,000. The listing shows 5 bathrooms and 3500-5000 square feet. The style is given as 2-storey. The lot is listed as 48.42 by 100 feet. The listing gives the basement as apartment. It comes with 4 parking spaces and a carport garage according to the listing. The nearest main intersection given is South of Eglinton West of Bayview.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 301 Cleveland Street
At the asking price of $2,798,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $2,798,000 |
|---|---|
| Ontario land transfer tax | $56,425 |
| Toronto municipal land transfer tax | $56,425 |
| Both taxes | $112,850 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $559,600 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $15,738 a year, about $1,311 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as radiant.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 48.42 by 100 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 5 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Mount Pleasant East
A neighbourhood of semi-detached and detached houses between Mount Pleasant Road and Bayview Avenue, with Line 5 Eglinton stations at both ends of its stretch of Eglinton Avenue East. From April to June 2026 the median sale across all property types was $1,382,500 (TRREB).
Transit: Line 5 Eglinton at Mount Pleasant station (Eglinton Avenue East and Mount Pleasant Road) and Leaside station (Eglinton Avenue East and Bayview Avenue). Line 1 at Davisville station on Yonge Street. TTC buses 74 Mount Pleasant, 103 Mount Pleasant North, 34 Eglinton, 11 Bayview and 28 Bayview South
| Property type | Median | Sales and average |
|---|---|---|
| All property types | Median $1,382,500 | 68 sales, average $1,523,642 |
| Detached | About $1,949,000 | 24 sales, average about $2,067,000 |
| Semi-detached | About $1,332,000 | 32 sales, average about $1,343,000 |
| Condo townhouse | About $1,355,000 | 4 sales, average about $1,334,000 |
| Condo apartment | About $699,000 | 8 sales, average about $712,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Mount Pleasant East
Is Mount Pleasant East a good place to live?
That depends on the home you need and how you travel. Most sales here are semi-detached and detached houses, with a semi-detached median of about $1,332,000 from April to June 2026 (TRREB). Line 5 Eglinton stops at Mount Pleasant and Leaside stations. The area also has a public library branch and a City community centre.
How much does a house cost in Mount Pleasant East?
From April to June 2026 TRREB recorded 32 semi-detached sales with a median of about $1,332,000 and 24 detached sales with a median of about $1,949,000. The median across all 68 sales was $1,382,500.
Is Mount Pleasant East on the subway?
Line 5 Eglinton runs along Eglinton Avenue East, with Mount Pleasant station at Mount Pleasant Road and Leaside station at Bayview Avenue. Mount Pleasant station is one stop east of Eglinton station, where Line 5 meets Line 1 (TTC).
Are there condos in Mount Pleasant East?
Some. TRREB recorded 8 condo apartment sales from April to June 2026 with a median of about $699,000, plus 4 condo townhouse sales. In the 2021 Census 30.1% of private dwellings in the City's Mount Pleasant East profile were in apartment buildings of five or more storeys.
Read the Mount Pleasant East neighbourhood guide · All Mount Pleasant East homes for sale
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Questions about 301 Cleveland Street
How much is land transfer tax on 301 Cleveland Street?
At the asking price of $2,798,000 the Ontario tax is $56,425 and the Toronto tax is $56,425, $112,850 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 301 Cleveland Street?
$559,600 at the asking price of $2,798,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 301 Cleveland Street?
The listing shows $15,738 a year for 2025, about $1,311 a month.
How do I book a showing for 301 Cleveland Street?
Use the form on this page or call us. Quote MLS® C13637024. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 301 Cleveland Street still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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