70 MELBOURNE AVENUE , Toronto Ontario M6K1K7

Sale $5,150,000  | 
Listing # W12884870
No Photo Available

Royal LePage Meadowtowne Realty, Brokerage (Independently owned and operated)

Brokerage

475 MAIN STREET EAST
Milton,  ON L9T1R1

Remarks:

Royal LePage Commercial is pleased to offer for sale 70 Melbourne Avenue in the heart of Parkdale. This 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. (id:27)

Investment

Neighbourhood: South Parkdale
Lot Frontage: 30 Feet
Lot Depth: 120 Feet
Lot Size: 30 x 120 FT
Zoning: Residential

Property Features:

Property Type: Multi-family
Sewer: Sanitary sewer

Building Features:

Building Type: Multi-Family
Cooling Type: Partially air conditioned
Heating Type: Radiant heat