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    For Sale - 70 Melbourne Avenue, Toronto, Ontario

    Est payment $24,730/mo
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    Views   2
    Time on Jump  10 day

    AI Summary *

    • Well-maintained 17 unit apartment building in a prime Parkdale location.
    • Strong income growth potential with current tenants in place.
    • Key restorations completed recently, ensuring modern living standards.
    • Close to major local amenities and vibrant Queen Street.
    • Located in a growing community with ongoing revitalization efforts.




    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.
    Listing IDW12884870
    Address70 Melbourne Avenue
    CityToronto, Ontario
    Price$5,150,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling RadiantSewer Sanitary

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    Listing Agency:  ROYAL LEPAGE MEADOWTOWNE REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    70 Melbourne Avenue
    Toronto , Ontario
    $5,150,000
    Get more info