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2428 Keele Street in Toronto for sale

Asking price
$2,690,000
Estimate (Oct 24)
$2,558,392
MLS #:
W12480939
Type:
Multiplex, 3-Storey
Approx. SQFT:
5000 +
Basement:
Apartment, Other
16 16
4 68.42 x 138.51 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Sc N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A

Listed by J.D.M. Realty Ltd.

2428 Keele Street is a Multiplex, 3-Storey and is currently for Sale @ $2,690,000. Taxes in 2025 were $17,251.00.

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Attention Investors! Well kept 3 story Stucco and brick 11plex Apartment Building with Healthy Cash Flows. The 3-Storey on 2428 Keele Street has 16 bedrooms, 11 bathrooms, and is located on a 138.51 x 68.42 ft lot in the community of Maple Leaf . Unit Rentals, parking, and laundry total Income $184,973; taxes, water, waste, heating, insurance, hydro total $49,779; see attached financials for details. 7 2bdrm apartments, 1 1bdrm apartment, 1 Jr-1bdrm apartment, and 2 bachelor apartments. 9 Tenants pay their own hydro. Excellent growth potential! Property poised for Repositioning. One brand new unit and only one other unit renovated. 2 dble garages plus 7 private parking spaces. Gross floor area 9530 sq ft total. Terrazzo floors in common areas. Coin laundry income in building. Newly surfaced asphalt 2025, Duro-Last roof 2012, windows 2009, plaster 2009. Recent Phase II Environmental Report and Remediation Completed. Survey available. As to not disturb Tenants, Please submit conditional offer to inspect the property. Contact Listing Agent about the possible Sale of the adjacent 10plex building.Offers to be presented on November 28, 2025 at 11am. Contact Listing Agent before preparing offer. Seller reserves the right to accept pre-emptive offers.

11 fridges, 11 stoves, HWT, separate hydro meters for each unit (except new bachelor apartment on building panel), breakers in each unit (9 tenants pay own hydro)

The address 2428 Keele Street was listed for sale (MLS# W12480939) on Thursday, October 23, 2025.

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  • Date Listed: Thursday, October 23, 2025
  • Listing Brokerage: J.D.M. Realty Ltd - Disclaimer: The information contained in this listing has not been verified by J.D.M. Realty Ltd and should be verified by the buyer.
  • City: Toronto

    More 16 bedrooms homes for sale in Toronto

  • Neighbourhood: Maple Leaf
  • Major Intersection: Keele and Lawrence
  • Full Address: 2428 Keele Street, Toronto, M6L 2N2, Canada, ON, Canada
  • Amenities:
  • Taxes: $17,251.00 (2025)

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.