Address
70 Melbourne Avenue, Toronto, ON
Price
$ 4,295,000
Property Attributes
  • ID#W13795488
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityToronto
  • CityToronto
  • NeighbourhoodSouth Parkdale
  • Postal CodeM6K 1K7
  • Style4
  • Price$ 4,295,000
  • Bedrooms{}
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4000
Data Source:
RLP - CREA EN
Property Description

Royal LePage Commercial is pleased to offer for sale 70 Melbourne Avenue in the heart of Parkdale. This Property presents investors with a rare opportunity to acquire a tenanted, value-add, character apartment building with strong market positioning and significant income growth potential. 70 Melbourne Avenue is a 2-storey walk-up apartment building, that has been well-maintained, with key restorations completed between 2015 and 2025. The Property benefits from high tenant appeal, driven by its desirable location in the heart of West Toronto. Residents enjoy outstanding access to all major local amenities in a community with continued growth and revitalization. The Property is also within walking distance of Queen Street, a vibrant retail corridor with a wide array of amenities and street car access.

General Features

Zoning Residential
Terms SALE
Neighbourhood South Parkdale
Property Sub Type MULTI-FAMILY
jumpId 29239533
Property Subtype French MULTI-FAMILY
Listing Type French Investment
MLS W13795488
Building Type Multi-Family
Property Type Multi-family
Sewer Sanitary sewer

Interior Features

Living Area Range 4000 sqft
Bedrooms {}
Cooling Type Partially air conditioned
Heating Type Radiant heat

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in M6K 1K7

Price
AVG $4.3M
$4.3M