Canada Housing Market

If you’ve ever complained about not having enough parking in Toronto… this listing is about to blow your mind. A $550,000 condo at 36 Lisgar St in Little Portugal just hit the market, and it comes with something you almost never see in the city: seven owned parking spots. Yes, seven.

Unit 1210E is a functional 1+1 bedroom suite offering 500–599 square feet, currently tenanted, and located in the heart of West Queen West, one of Toronto’s most iconic neighbourhoods for nightlife, food, art, and culture.

Not only does it come with immediate rental income, but each parking spot carries rental potential of $150–$200 per month, making this arguably one of the best cash-flow-focused condo opportunities in the city right now.

A Rare Investment Opportunity in West Queen West

This unit is ideal for investors thanks to reliable tenancy, low vacancy trends, and a truly unmatched parking portfolio. Seven parking spots in Toronto is almost unheard of, especially in a high-demand building.

With the current rental rates, the parking alone can generate approximately $1,050 – $1,400 per month, providing steady cash flow before even considering rent from the condo itself.

Located in One of Toronto’s Most In-Demand Neighbourhoods

Little Portugal and West Queen West continue to rank as top destinations for both living and investing. The building sits steps from:

• Queen Street West
• Trinity Bellwoods Park
• Liberty Village
• TTC transit
• Trendy restaurants, cafés, boutiques, and nightlife

The neighbourhood’s walkability and lifestyle appeal contribute heavily to low tenant turnover and strong demand year-round.

Amenities Designed for Young Professionals and Renters

Residents have access to modern condo amenities including:

• 24-hour concierge
• Fitness centre
• Party room
• Rooftop deck
• Guest suites

It’s the kind of building that appeals to renters seeking comfort, convenience, and great location, an investor’s dream.

Strong Long-Term Appreciation Potential

This condo combines:

✔ High rental demand
✔ Cash flow from 7 parking spots
✔ One of Toronto’s strongest neighbourhoods
✔ A price point under $600K

In a city where parking alone can sell for $80K–$100K per spot, this listing stands out as one of the most uniquely structured investment properties on the market right now.

Link to listing

Listed with MIKAYLA RUGALA

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