197 Roxton Road in Toronto: Trinity-Bellwoods Commercial for sale (Toronto C01) : MLS®# C13883252
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Welcome to 197 Roxton Road, a legally established triplex offering a rare combination of income potential, thoughtful design and long-term versatility in one of Toronto's most sought-after west-end neighbourhoods. Legally converted into three residential units in 2010 and comprehensively renovated throughout in 2026, the property presents an exceptional opportunity for investors, co-ownership, multi-generational living, or an owner-occupier looking to offset carrying costs with rental income. Configured as three distinct residential units, each residence benefits from its own kitchen and thoughtfully renewed living space, creating a true multi-unit property with the finish and feel of a newly transformed home. For an investor, the established three-unit configuration offers the ability to generate income across multiple tenancies; for an end user, it provides the flexibility to occupy one residence while renting the others. The property can also adapt over time as ownership, family or investment needs evolve. The comprehensive 2026 renovation adds significant value to the investment. Three new kitchens, new flooring, new lighting, new plumbing fixtures, updated appliances and fresh paint create a cohesive contemporary feel throughout. Warm wood tones, clean architectural lines and textural finishes elevate each unit, while new windows in the living room, family room and kitchen introduce additional natural light into the principal spaces.Investment in the property extends well beyond the interiors. Improvements include a new roof completed in 2024, a new larger-capacity hot water tank in 2026 designed to better accommodate all three residences, additional insulation to many exterior walls, fire-rated doors between units, a new deck and front porch, and in-floor radiant heating in the basement.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
3473 sq. ft. Square Feet
Total Area:
3,473 sq. ft.323 m2
Lot Depth:
153'46.6 m
Lot Frontage:
28'10"8.78 m
Bedrooms:
4
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
3
Zoning:
R
Heating type:
Radiant
Heating Fuel:
Gas
Survey Available:
Yes
Garage:
None
Parking Spaces:
4
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Development Charges Paid:
No
Type Taxes:
Annual
Taxes:
$11,901 /
2026
Assessment:
$- /
-
Toronto
Toronto C01
Trinity-Bellwoods
Outside, a generous backyard introduces yet another layer of possibility, offering room to gather, garden and entertain, along with potential for a future garden suite, subject to applicable zoning, permits and approvals plus a private drive for 4+ cars.3 Fridges, 3 Stoves, 1 Dishwasher, 3 Washers, 3 Dryers, Electric Light Fixtures, 2 Compressors (3 Wall Units), Hot Water Tank. Each unit features ensuite laundry and double egress.
Owning an apartment building for sale provides unique advantages:
Multiple rental units generate consistent monthly income
Economies of scale make property management more efficient
Opportunity to increase property value through renovations and upgrades
High demand for rental housing in urban and suburban markets
What to Look for in Apartment Buildings for Sale
When evaluating apartment buildings for sale, consider:
Vacancy rates and tenant demand in the area
Location and proximity to transit, schools, and employment hubs
Building condition, age, and potential maintenance costs
Current rental income and future appreciation potential
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FAQs – Apartment Buildings for Sale
1. Are apartment buildings a good investment? Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.
2. What should I consider before buying an apartment building? Evaluate location, tenant demand, building condition, rental income, and management costs.
3. Can first-time investors buy apartment buildings? Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.
4. How many units are considered an apartment building? Typically, any property with five or more units is classified as an apartment building for investment purposes.
5. Where can I find apartment buildings for sale? You can find listings across major cities and growing suburbs where rental demand remains strong.