MLS® listing
366 Ontario Street: triplex for sale
$1,800,000


















































From the listing brokerage
Discover a rare opportunity to own a legal, city-approved triplex that perfectly balances historic Toronto charm with high-end modern design. Extensively gutted and renovated from the studs in 2019, this turnkey property offers close to 3,000 square feet of thoughtfully optimized living space across three distinct, self-contained suites. This is a truly seamless addition to any investment portfolio or an ideal live-and-rent scenario. Behind the timeless brick facade, the home has been completely transformed. The 2019 renovations included modernized kitchens with quartz countertops, updated bathrooms, new windows, lighting, staircases, and a professionally underpinned lower level excavated to increase the ceiling height. A brand-new roof was installed in 2023. The property features three separate hydro meters, three gas meters, and dedicated laundry in every unit. The upper-level two-bedroom, two-bathroom suite is bathed in natural light from a striking skylight and blends modern finishes with beautifully preserved original red brick walls. It boasts a private balcony off the primary bedroom, a massive accessible attic for rare urban storage, and its own furnace and central air conditioning. The main-level one-bedroom suite features a bright, inviting layout highlighted by a charming, working wood-burning fireplace and a walk-out to a private outdoor patio. It is also serviced by its own furnace and central air. Accessed via a private rear entrance, the lower-level two-bedroom suite features warm exposed brick, high ceilings, modern vinyl flooring, and a bathroom with a sleek walk-in shower. Set on a deep lot with the potential to convert the rear garden into parking off the laneway, this exceptional triplex delivers flexibility, quality craftsmanship, and outstanding value. All three suites currently leased for $9,583 per month.
Facts on the listing
| Square feet | 1500-2000 |
|---|---|
| Approximate age | 100+ |
| Style | 2 1/2 Storey |
| Basement | Apartment, Finished with Walk-Out, Separate Entrance |
| Lot width | 16.25 |
| Lot depth | 95 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 0 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 3 |
| Property tax | $7,224 |
| Tax year | 2025 |
| Parking | None |
| Interior features | Carpet Free, Guest Accommodations, Separate Heating Controls, Separate Hydro Meter |
| Features | Fenced Yard, Park, Place Of Worship, Public Transit |
| View | Downtown |
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS® C13738978.
About this triplex
366 Ontario Street is a 5 bedroom triplex in TRREB's Moss Park community in Toronto, listed for sale at $1,800,000. The listing shows 4 bathrooms and 1500-2000 square feet. The style is given as 2 1/2 storey. The lot is listed as 16.25 by 95 feet. The listing gives the basement as apartment, finished with walk-out, separate entrance. The listing shows no parking space. The nearest main intersection given is Ontario St & Gerrard St E. The age is listed as 100+ years.
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 366 Ontario Street
At the asking price of $1,800,000, 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 | $1,800,000 |
|---|---|
| Ontario land transfer tax | $32,475 |
| Toronto municipal land transfer tax | $32,475 |
| Both taxes | $64,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $360,000 |
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. 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) | $7,224 a year, about $602 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 forced air.
- 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, 16.25 by 95 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 3 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. The listing has a virtual tour, but 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.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 366 Ontario Street
How much is land transfer tax on 366 Ontario Street?
At the asking price of $1,800,000 the Ontario tax is $32,475 and the Toronto tax is $32,475, $64,950 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 366 Ontario Street?
$360,000 at the asking price of $1,800,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 366 Ontario Street?
The listing shows $7,224 a year for 2025, about $602 a month.
How do I book a showing for 366 Ontario Street?
Use the form on this page or call us. Quote MLS® C13738978. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 366 Ontario 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.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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