121 Fourth Street, Toronto, ON

$4,495,000
MLS#:W12450015
12 beds
10 baths
5000 + sqft
6.0 parking
Residential Freehold
121 Fourth Street, Toronto W06, ON M8V 2Y6

Property Highlights

Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $4,495,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 12 Bedrooms and 10 Bathrooms with 10 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 50 x 118 ft lot
  • Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Intercom, Separate Hydro Meter, Water Heater Owned
  • equipped with wall unit(s) central cooling and highly efficient water heating via gas

Description

Exceptional 10-unit investment property in South Etobicoke. Completely renovated in 2018, featuring new wiring, plumbing, and modern kitchens with quartz counters and stainless steel appliances. Each unit includes in-suite laundry and A/C. The basement's height is 7.6 feet, and a security system with 6 cameras provides peace of mind. A 2020 roof and 6 parking spaces complete this impressive offering. The total square footage, as per floor plans, measures an impressive 6,648 square feet. The property's location adds to its appeal, with its proximity to the waterfront, walking/cycling trails, schools, Humber College's Lakeshore Campus, and public transit (including GO Train access). The existing mortgage is available for takeover at a rate of 3.30% with a maturity date at the end of 2028.

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Property Summary

This multiplex located at 121 Fourth Street, Toronto is currently for sale and has been available on SousaSells for 303 days. This property is listed at $4,495,000 with an estimated mortgage of $14,962* per month. It has 12 beds, 10 bathrooms, and is 5000 + square feet. 121 Fourth Street, Toronto is in the New Toronto neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 12 bedrooms and 10 bathrooms, this home offers ample space and comfort for growing families in New Toronto, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 12 spacious bedroom layout offering versatile living space
  • 10 well-appointed bathrooms
  • 5000 + sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in New Toronto, Toronto.

Target Buyer Match

Key Features

Bedrooms
12
Bathrooms
10
Kitchens
10
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date10/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural Style3-Storey
ConstructionBrick
BasementApartment
Lot Size50 × 118 Feet
CountyToronto
Annual Tax$17,053.55
Legal DescriptionLT 324, Pl 1043 ; Etobicoke , City Of Toronto

Parking & Garage

Parking Total6.0
Parking Space6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeWater
CoolingWall Unit(s)

Features

Property Features

  • Lake Access
  • Park
  • Public Transit

Interior Features

  • Intercom
  • Separate Hydro Meter
  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 121 Fourth Street, Toronto, ON

Q.What is the asking price for 121 Fourth Street, Toronto, ON ?

The current listing price for 121 Fourth Street, Toronto, ON in New Toronto, Toronto is $4,495,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 12 bedrooms and 10 bathrooms across approximately 5000 + sqft.

Q.What property type and architectural style is 121 Fourth Street, Toronto, ON ?

121 Fourth Street, Toronto, ON is a Multiplex (3-Storey) featuring a Apartment basement.

Q.What key property features does 121 Fourth Street, Toronto, ON offer?

Key property features include: Lake Access, Park, Public Transit.

Q.What interior features are included in this home?

Interior highlights include: Intercom, Separate Hydro Meter, Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Wall Unit(s).

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Location

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121 Fourth Street, Toronto, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 121 Fourth Street, Toronto W06, ON M8V 2Y6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$1,348,500 (30.0%)
* Minimum Canadian down payment required for this price is $899,000.
Amortization Period30 Years
Estimated Monthly Payment$14,962Based on a loan of $3,146,500 over 30 years.
Purchase Price$4,495,000
Loan Amount$3,146,500
Provincial Land Transfer Tax:$98,850
Toronto Municipal Land Transfer Tax:$98,850
Total Estimated Closing Taxes:$197,700

About Purchasing a Home in Toronto, ON

For a property listed at $4,495,000 in Toronto, the legal minimum down payment is $899,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $98,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $98,850 also applies, bringing the total estimated land transfer taxes to $197,700.

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New Toronto, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for New Toronto, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,293,240

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in New Toronto, Toronto

Elementary Schools

The Holy Trinity
Public6 Colonel Samuel Smith Park Drive, Etobicoke, Toronto, Ontario, M8V 4B7
8.3
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
St Leo
Public3672 Lake Shore Boulevard West, Etobicoke, Toronto, Ontario, M8W 1P7
7.5
Adam Beck
Public544 Horner Avenue, Etobicoke, Toronto, Ontario, M8W 2C2
7.0

Secondary Schools

Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Father John Redmond
Public28 Colonel Samuel Smith Park Drive, Etobicoke, Toronto, Ontario, M8V 4B7
8.6
Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7

New Toronto, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.