Prime investment opportunity, or perfect live/rent, on iconic Pembroke Street in Toronto's coveted Garden District. Impressive secured rent generating over $120,000 in annual income and operating at an impressive 5.2% cap rate. Showcasing stunning turn-of-the-century architecture on a substainial lot with 21.5-ft-width and private front courtyard, this extensively renovated three-unit property delivers an exceptional investment profile. Thoughtfully upgraded throughout, including all major mechanical systems offering individually controlled split-unit HVAC and multiple meters. 46 Pembroke St offers immediate income and compelling long-term potential. The stunning owner's suite will be vacant on closing, providing added flexibility to occupy one unit while benefiting from established rental income. Or, accommodate multigenerational ownership and capitalize on future rental potential. Secured tenancies provide a strong existing income foundation. Private rear parking for two vehicles, a rare downtown amenity, and the flexibility of a well-maintained, income-producing asset in an established rental market. Ideally located steps to TTC routes and streetcars, minutes to subway stations, multiple schools and poised to benefit from the future Ontario Line and enhanced transit connectivity. A rare opportunity to acquire a substantially upgraded, multi-unit investment combining strong income, exceptional flexibility and long-term appreciation potential in one of Toronto's most resilient rental markets. This one checks all the boxes! Don't miss out
Property Type:
Residential Freehold
Property Sub Type:
Semi-Detached
Home Style:
3-Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
105'32 m
Lot Frontage:
21'6"6.55 m
Direction Faces:
West
Bedrooms:
6+3
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
6
Bedrooms Below Grade:
3
Kitchens Above Grade:
2
Rooms Above Grade:
15
Rooms Below Grade:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Unknown
Roof:
Asphalt Shingle
Basement:
Apartment, Finished with Walk-Out, Separate Entrance
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Features:
Right Of Way
Parking Spaces:
2
Total Parking Spaces:
2.0
Family Room:
No
Possession Details:
To be determined
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$8,286.96 /
2026
Assessment:
$- /
-
Toronto
Toronto C08
Moss Park
Floor Drain, In-Law Suite, Separate Heating Controls, Upgraded Insulation, Water Heater Owned
See Schedule B
All tenant belongings
Brick
Accessible Public Transit Nearby, Parking, Open Floor Plan, Multiple Entrances
Floor
Type
Size
Other
Main
Living Room
16'6"5.03 m × 11'8"3.56 m
Open Concept, Renovated, Combined w/Dining
Main
Dining Room
16'6"5.03 m × 11'8"3.56 m
Renovated, Combined w/Living, Hardwood Floor
Main
Kitchen
6'7"2.01 m × 6'3"1.91 m
Open Concept, Renovated, Overlooks Dining
Main
Bedroom
13'1"3.99 m × 10'10"3.30 m
French Doors, Large Window, Brick Fireplace
Main
Bedroom 2
16'4.88 m × 10'5"3.18 m
Large Window, Walk-Out, Renovated
Main
Bedroom 3
10'2"3.10 m × 9'11"3.02 m
Renovated, Hardwood Floor, Large Window
Second
Living Room
15'2"4.62 m × 12'11⅛"3.94 m
Renovated, Brick Fireplace, Picture Window
Second
Kitchen
12'11⅛"3.94 m × 8'2.44 m
Renovated, Open Concept, Tile Floor
Second
Dining Room
12'11⅛"3.94 m × 9'6"2.90 m
Open Concept, Renovated, Large Window
Second
Bedroom
16'4.88 m × 10'6"3.20 m
Large Window, Renovated, Broadloom
Third
Bedroom 2
19'3"5.87 m × 14'4"4.37 m
4 Pc Ensuite, Large Window, Broadloom
Third
Bedroom 3
19'5.79 m × 13'3.96 m
Hardwood Floor, Renovated, W/O To Terrace
Lower
Living Room
20'2"6.15 m × 11'2"3.40 m
Open Concept, Renovated, Large Window
Lower
Kitchen
16'4.88 m × 5'10"1.78 m
Open Concept, Tile Floor, Renovated
Lower
Bedroom
11'4"3.45 m × 10'3.05 m
Large Window, Renovated
Lower
Bedroom 2
13'11"4.24 m × 11'8"3.56 m
Large Window, Renovated
Lower
Bedroom 3
13'3.96 m × 8'6"2.59 m
Large Window, Renovated
Floor
Ensuite
Pieces
Other
Main
No
4
8' x 6'2" 4 Pc Bath, Renovated, Combined w/Laundry
Data was last updated November 8, 2026 at 03:15 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,329,500
Min list price:
$899,000
Max list price:
$2,595,000
Avg days on market:
28
Min days on market:
2
Max days on market:
88
These statistics are generated based on the current listing's property type
and located in
Toronto C08. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.