546 Park Road S
546 Park Road S
$575,000
1 days on market
About This Listing
Welcome to 546 Park Road South. Two whole lots (80' x 115' total - two 40' x 115' parcels) with a legal registered triplex straddling both, in a quiet residential pocket north of the 401. The City's original 1960s subdivision plan confirms two whole lots - no minor variance needed for severance. The existing triplex offers three self-contained 2-bedroom units, 3 baths, ~1,750 sq ft above grade, private yard per unit, four separate hydro meters (one per unit + shared coin laundry), a furnace just over 2 years old, and 6+ parking. Renovate and restore for strong rental income, OR demolish and build two side-by-side single-family dwellings with two accessory apartments - two distinct, high-income-generating triplexes on one parcel. R2 zoning with grandfathered triplex status preserves density for new builds. Vacant possession guaranteed.
| Monthly Mortgage (P&I) | $2,505 |
| Property Tax (MLS) | $413 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $2,918 |
Down payment: $115,000 (20.0%) · Mortgage: $460,000
Property tax uses MLS annual tax of $4,955/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by EXP REALTY
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Data last updated: August 23, 2026 at 12:26 p.m.