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.
Address
366 Ontario Street
List Price
$1,950,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Toronto C08
Sub-Area
Moss Park
Region
Toronto
Bedrooms
3 + 2
Bedrooms (Total)
5
Rooms Above Grade
10
Rooms Below Grade
5
Bathrooms
4
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
95
Lot Shape
Rectangular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
16.25
Parcel Number
210890159
Occupant Type
Tenant
Cross Street
Ontario St & Gerrard St E
Approx. Age
100+ Years
MLS® Number
C13561126
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Basement Area
Apartment, Finished with Walk-Out, Separate Entrance
Postal Code
M5A 2V7
Posession Details
Immediate
Parking
None
Tax Amount
$7,224.16
Tax Year
2025
Site Influences
Fenced Yard, Landscaped, Park, Patio, Place Of Worship, Public Transit
Accessibility Features
Fire Escape
Exterior Features
Landscaped, Patio
Interior Features
Carpet Free, Guest Accommodations, Separate Heating Controls, Separate Hydro Meter
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit
Central Vacuum
No
Family Room
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
Yes
Fireplace Features
Wood
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
3
Kitchens Above Grade
2
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 6 W/S ONTARIO ST BLK 3 PL D2 TORONTO AS IN CA784308; CITY OF TORONTO
Topography
Flat
View Type
Downtown
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 4.51 x 3.91 | Bay Window, Combined w/Dining, Fireplace |
| Main | Kitchen | 3.76 x 3.44 | Breakfast Bar, East View, Open Concept |
| Main | Primary Bedroom | 3.64 x 3.37 | Closet, W/O To Deck, Wood |
| Second | Living Room | 3.62 x 3.67 | Combined w/Dining, Open Concept, Wood |
| Second | Kitchen | 4.62 x 3 | Breakfast Bar, Quartz Counter, Stainless Steel Appl |
| Second | Bedroom 2 | 3.5 x 3.24 | Closet, W/O To Balcony, Wood |
| Third | Primary Bedroom | 4.62 x 3.79 | 3 Pc Ensuite, W/O To Balcony, Wood |
| Lower | Living Room | 2.53 x 3.58 | Combined w/Dining, Open Concept, Vinyl Floor |
| Lower | Kitchen | 2.93 x 2.88 | Breakfast Bar, Open Concept, Vinyl Floor |
| Lower | Primary Bedroom | 3.42 x 3.98 | East View, Large Closet, Vinyl Floor |
| Lower | Bedroom 2 | 3.75 x 2.22 | Large Closet, Vinyl Floor, West View |