Address
340 Pacific Avenue, Toronto, ON
Price
$ 1,649,000
Property Attributes
  • ID#W13763220
  • TypeCommercial
  • Listing Status New
  • CityToronto
  • AreaJunction Area
  • NeighbourhoodJunction Area
  • Postal CodeM6P 2R1
  • StyleInvestment
  • Taxes$ 8038
  • Price$ 1,649,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2326
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

A detached multi-unit opportunity in the heart of the Junction, with two vacant units offering immediate flexibility for investors and end users alike. This substantial two-storey property offers over 2,000 sq. ft. above grade with three self-contained residential units, each with its own kitchen and bathroom. With the main-floor and upper-floor units currently vacant, a new owner has the rare advantage of choosing their own tenants and establishing new leases, or occupying one unit while generating income from the others. The existing tenant takes pride in the property, adding to the appeal of an already versatile setup. An unfinished basement with approximately 6-ft ceilings provides excellent storage and additional functional space. Outside, a detached two-car garage and parking accommodate up to four vehicles, an increasingly valuable feature in this part of the city with potential to further enhance rental income. Just off Annette near Keele, the location is a major part of the investment story. The Junction's restaurants, cafes, independent shops and everyday conveniences are close at hand, with excellent transit connections and easy access to High Park, Bloor West Village, schools, parks, recreation and community amenities. Whether you're looking to expand an investment portfolio, live in one unit while earning income from the others, or secure a detached multi-unit property with considerable flexibility, this is a rare opportunity in one of Toronto's most established and consistently desirable west-end neighbourhoods.

Price History
9/9/2026 Listed $1,649,000

General Features

Cooling Yes
Utilities Available
Heater Type Radiant
Parking Spaces 4
Property Subtype Investment
Tax Year 2025
Lot Depth 119.67
Community Features Public Transit,Recreation/Community Centre
County Toronto
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Total Rooms 2
Status New
City Toronto W02
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 8038.57
Virtual Tour https://unbranded.youriguide.com/340_pacific_ave_toronto_on/
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner+Tenant
Legal Description PT LT 15-16 BLK 23 PL 553 WEST TORONTO JUNCTION AS IN CA480102; T/W & S/T CA480102; CITY OF TORONTO

Interior Features

Heat Source Gas
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 3
Elevator? No
Total Baths 3
Bedrooms 3

Exterior Features

Garage Type Double Detached
Spa No
Building Area Total 2326.75
Waterfront Y/N No

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 Commercial Average in M6P 2R1

Price
AVG $1.65M
$1.65M
Taxes
AVG $8,038
$8,038
Visits
AVG 35
34
Data Provided by Inside Real Estate®