$5,150,000
Available - For Sale
Listing ID: W12884870
70 Melbourne Avenue , Toronto, M6K 1K7, Toronto
| 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. |
| Price | $5,150,000 |
| Taxes: | $21958.57 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 70 Melbourne Avenue , Toronto, M6K 1K7, Toronto |
| Postal Code: | M6K 1K7 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Cowan Avenue, Melbourne Avenue |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 13 To 20 Units |
| Building Percentage: | T |
| Total Area: | 0.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Radiant |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE MEADOWTOWNE REALTY |
|
|
Irfan Bajwa
Broker, ABR, SRS, CNE
Dir:
416-832-9090
Bus:
905-858-0000
Fax:
905-452-7646
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto W01 |
| Neighbourhood: | South Parkdale |
| Tax: | $21,958.57 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
