For Sale - 1311 Pape Avenue, Toronto, Ontario

Est payment $19,971/mo
Views   3
Time on Jump  132 day
  • Fully rebuilt 10-unit Victorian apartment in a prime rental corridor.
  • Ten fully vacant suites giving flexibility for tenant selection.
  • Extensively renovated with modern systems and high-end finishes.
  • Large lot with ample parking and potential outdoor lounge area.
  • Conveniently located near transit, shops, restaurants, and parks.



Prime riverdale / danforth investment opportunity. Rare fully rebuilt down-to-the-studs 10-unit victorian apartment building in one of toronto's most desirable east-end rental corridors. Featuring 10 fully vacant self-contained suites comprised of 8 spacious one-bedroom units and 2 large two-bedroom units, offering investors complete flexibility with tenant selection and rental positioning from day one. Extensively renovated with new plumbing, new electrical throughout, new furnace & updated mechanical systems, energy-efficient windows & doors, modern fire-rated construction, smart main building entry system, security cameras throughout, contemporary kitchens & bathrooms, frameless glass showers, premium flooring, pot lights and high-end finishes throughout. All 10 suites are equipped with refrigerators, gas stoves and microwaves, providing a fully functional turnkey residential setup, while preserving the original brick exterior and historic character. Large lot featuring 12 surface parking spaces, attractive outdoor space with potential tenant lounge / garden area, separately metered hydro and strong long-term rental appeal in a high-demand location. Walking distance to ttc, danforth shops, restaurants, parks & everyday amenities. Future transit and infrastructure improvements in the area may further enhance long-term accessibility and tenant demand. A rare turnkey multi-residential asset offering modern infrastructure, minimal deferred capital expenditure expectations and strong investment fundamentals in one of toronto's most established rental markets.
Listing IDE13181652
Address1311 Pape Avenue
CityToronto, Ontario
Price$4,158,888
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Public Transit, Major HighwayBasement 1Heating / Cooling Water Radiators
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1311 Pape Avenue
Toronto , Ontario
$4,158,888
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