MLS® listing
177 Varsity Road: triplex for sale
$1,215,000
From the listing brokerage
Lambton/Baby Point-Opportunity! Monthly rental plus owner suite! Owners suite has excellent square footage with finishing touches required. This building will attract area investors that appreciate the location and income generated from the rental units. Close to Jane and Old Mill Subway, Great schools, Humber River, the Humber River Recreational Trail, plus numerous parks and playgrounds. One of the Cities destination neighbourhoods! NOTE: Seller will be available to explain how all (3 rental units) can become full one bedroom units.Also seller can explain and suggest plans fore the owners unit!
Facts on the listing
| Square feet | 2000-2500 |
|---|---|
| Style | 3-Storey |
| Basement | Apartment, Separate Entrance |
| Lot width | 52 |
| Lot depth | 105 |
| Lot measured in | Feet |
| Faces | East |
| Parking spaces | 4 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 3 |
| Property tax | $7,503 |
| Tax year | 2026 |
| Parking | Private |
| Interior features | Accessory Apartment, Separate Hydro Meter |
| Features | Fenced Yard, Park, Public Transit |
Listing courtesy of RE/MAX ULTIMATE REALTY INC.. MLS® W13639074.
About this triplex
177 Varsity Road is a 7 bedroom triplex in TRREB's Lambton Baby Point community in Toronto, listed for sale at $1,215,000. The listing shows 5 bathrooms and 2000-2500 square feet. The style is given as 3-storey. The lot is listed as 52 by 105 feet. The listing gives the basement as apartment, separate entrance. It comes with 4 parking spaces and an attached garage according to the listing. The nearest main intersection given is Old Dundas and Varsity.
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 177 Varsity Road
At the asking price of $1,215,000, 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 | $1,215,000 |
|---|---|
| Ontario land transfer tax | $20,775 |
| Toronto municipal land transfer tax | $20,775 |
| Both taxes | $41,550 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $96,500 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. 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 (2026) | $7,503 a year, about $625 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, 52 by 105 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. 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 177 Varsity Road
How much is land transfer tax on 177 Varsity Road?
At the asking price of $1,215,000 the Ontario tax is $20,775 and the Toronto tax is $20,775, $41,550 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 177 Varsity Road?
$96,500 at the asking price of $1,215,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 177 Varsity Road?
The listing shows $7,503 a year for 2026, about $625 a month.
How do I book a showing for 177 Varsity Road?
Use the form on this page or call us. Quote MLS® W13639074. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 177 Varsity Road 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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