1242 College St

About this Property

An exceptional opportunity in the heart of Toronto's vibrant College West neighbourhood! This substantial 2-storey semi-detached home is currently configured into 4 self-contained living spaces, offering tremendous flexibility for investors, end users or multi-generational families. A rare opportunity with 2 units already vacant and a third becoming vacant October 31st, allowing the new owner to establish their own rents or occupy one unit while generating income from the others to help offset mortgage costs. The remaining unit is occupied by a long-term tenant who would welcome the opportunity to stay. Current and previous rental income demonstrate the property's excellent income-generating potential, with additional upside as vacant units are re-leased. Situated in a dynamic west-end community, just steps to trendy restaurants, cafés, independent shops, parks, schools, Dufferin Mall and convenient TTC access, including the College streetcar and Lansdowne subway station. Whether you're looking to expand your investment portfolio or establish roots in one of Toronto's most exciting neighbourhoods, 1242 College Street offers location, versatility and opportunity!

Listing Details

MLS #

C13881704

Board

PROPTX

Market

ontario

Property Type

Duplex

Style

2-Storey

Garage

None

Parking Spaces

1

Basement

Finished

Heating

Forced Air

Cooling

None

Pool

None

Lot Size

16.67 × 91.33 ft

Annual Taxes

$4,902/yr

Listed By

ENGEL & VOLKERS TORONTO CITY

Listed On

October 8, 2026

Features & Extras