MLS® listing
124 Close Avenue: duplex for sale
$1,150,000
From the listing brokerage
Not your typical income property-this solid home offers beautiful character, established rental income and exciting possibilities. Whether you're an investor looking for rental income, a multi-generational family or a buyer dreaming of making a character-filled Toronto home your own, 124 Close Avenue offers the charm, generous square footage and versatility to suit a variety of visions.This spacious and beautifully preserved three-storey semi sits on a quiet, one-way street in the heart of South Parkdale, offering approximately 2,500 sq. ft. of living space, beautiful architectural details and a location that's hard to beat. Currently configured with two separate living spaces, including a main-floor bachelor suite and a spacious four-bedroom residence spanning three levels, the property generates excellent income.Think soaring ceilings, original fireplaces, gracious wide hallways and the kind of timeless character you just don't find in newer homes. With approximately $150,000 invested in renovations and improvements, the home's original charm has been thoughtfully preserved while bringing it into the present.And then there's the neighbourhood. Walk to Liberty Village, Roncesvalles, Queen West, grocery stores, coffee shops, great restaurants and some of the city's best local spots. The King and Queen streetcar lines are just steps away, while the waterfront, parks, scenic bike trails and access to the Gardiner Expressway are all just minutes from your doorstep.It's the kind of location that makes everyday living easy, with an appeal that works just as well for homeowners as it does for tenants. A home full of character, established income and possibilities for whatever comes next.
Facts on the listing
| Square feet | 2000-2500 |
|---|---|
| Approximate age | 100+ |
| Style | 3-Storey |
| Basement | Unfinished |
| Lot width | 19.92 |
| Lot depth | 97.83 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 0 |
| Garage | None |
| Heating | Other |
| Cooling | None |
| Kitchens | 2 |
| Rooms | 16 |
| Property tax | $6,010 |
| Tax year | 2026 |
| Parking | None |
| Interior features | Water Heater |
| Features | Fenced Yard, Hospital, Library, Park, Public Transit, School |
Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS® W14029340.
About this duplex
124 Close Avenue is a 5 bedroom duplex in TRREB's South Parkdale community in Toronto, listed for sale at $1,150,000. The listing shows 3 bathrooms and 2000-2500 square feet. The style is given as 3-storey. The lot is listed as 19.92 by 97.83 feet. The listing gives the basement as unfinished. The listing shows no parking space. The nearest main intersection given is King St W & Jameson Ave. 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 124 Close Avenue
At the asking price of $1,150,000, 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 | $1,150,000 |
|---|---|
| Ontario land transfer tax | $19,475 |
| Toronto municipal land transfer tax | $19,475 |
| Both taxes | $38,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $90,000 |
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) | $6,010 a year, about $501 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 other.
- 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, 19.92 by 97.83 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 2 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 124 Close Avenue
How much is land transfer tax on 124 Close Avenue?
At the asking price of $1,150,000 the Ontario tax is $19,475 and the Toronto tax is $19,475, $38,950 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 124 Close Avenue?
$90,000 at the asking price of $1,150,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 124 Close Avenue?
The listing shows $6,010 a year for 2026, about $501 a month.
How do I book a showing for 124 Close Avenue?
Use the form on this page or call us. Quote MLS® W14029340. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 124 Close Avenue 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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