70 Melbourne Avenue, Toronto W01, ON M6K 1K7

Toronto W01 M6K 1K7 Ontario

MLS: W12884870

$5,150,000

Added 4 hours ago | For Sale

Listed by: ROYAL LEPAGE MEADOWTOWNE REALTY

About Property

Royal LePage Commercial is pleased to offer for sale 70 Melbourne Avenue in the heart of Parkdale. This 17 unit 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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 30 X 120
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Cowan Avenue, Melbourne Avenue
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $21958.57
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Radiant
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12884870

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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