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$2,779,000

323 Mortimer Ave

Toronto E03, ON M4J 2C9

323 Mortimer Ave, Toronto E03 — Listed at $2,779,000. 8 bedroom, 8 bathroom 2 1/2 Storey Fourplex. MLS® E13217568.

8Beds
8Baths
3000-3500sqft
Fourplex
2 1/2 Storey
2Parking
$11,432Taxes/yr · 2026
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Description

Welcome to an outstanding LEGAL 4 UNIT multiplex built to the highest standards in one of East York's most desirable pockets. This all-brick residence spans approximately 5000 square feet and delivers an ideal blend of quality craftsmanship, versatile living, and strong rental income potential. The property features two (2) spacious three-bedroom, four-bathroom upper units designed for comfortable family living, complemented by two (2) bright garden-level bachelor suites perfect for generating supplementary income. All 4 units will be vacant at closing giving you a great opportunity to set your own rents and choose your tenants! Each unit boasts custom cabinetry and en-suite laundry - thoughtful touches that elevate daily living and attract quality tenants. Two dedicated parking spots round out the offering.Whether you're a multi-generational family seeking connected yet independent living spaces, a seasoned investor building a portfolio, or a savvy buyer looking to offset mortgage costs through rental revenue, this property checks every box. Nestled near the vibrant Danforth corridor, residents will enjoy easy access to eclectic dining, cafes, patios, boutique shopping, and lively cultural events. Ample parks and trails offer green space for weekend relaxation, while Donlands and Pape Stations ensure seamless commuting across the city. Families will appreciate the proximity to great schools, and everyday essentials are just minutes away at local grocers and shops.Meticulously constructed and strategically located, 323 Mortimer Avenue represents a rare opportunity to own a turnkey multiplex in a community that never goes out of style.

Property Details

Property TypeFourplex
Style2 1/2 Storey
CommunityDanforth Village-East York
Approximate Age0-5
Rooms8+2
Kitchens4
Washrooms8
Square Feet3000-3500 sqft
Lot Dimensions33.66 × 110 ft
Fronting OnSouth
Dir/Cross StDonlands and Mortimer
Garage TypeNone
DriveRight Of Way
Parking Drive Spaces2
Total Parking Spaces2
ExteriorBrick
RoofAsphalt Shingle
FoundationConcrete
BasementFinished
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
SewersSewer
Taxes (2026)$11,432
HSTIncluded In
Listed Date5/30/2026
Days on Market166 days
PossessionTBA

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Listing Courtesy of: SKYBOUND REALTY

MLS® #E13217568

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 323 Mortimer Avenue

This fourplex (2 1/2 Storey) is located in the Danforth Village-East York neighbourhood of Toronto.

The home offers 8+2 bedrooms, 8 bathrooms.

Features include a finished basement, 2 parking spaces.

Additional details: lot dimensions of 33.66 × 110 feet.

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No close matches are available to show for the same property type, city and sale or lease category within 5% of this asking price. Explore other price ranges below without changing those categories.

About Toronto Real Estate

This Fourplex is located in the Danforth Village-East York community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →