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Renanza Realty
For sale

70 MELBOURNE AVENUE

Toronto (South Parkdale), Ontario

MLS® W13102032

$4,650,000

Status
Active
Property type
Multi-family
MLS® number
W13102032
Bedrooms
Bathrooms
Year built

Listing description

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.

Property summary

MLS® number
W13102032
Property type
Multi-family
Building type
Multi-Family
Square footage
4,000 sq ft
Land size
30 x 120 FT
Annual property taxes
$21,958.57
Days on market
110 days

Features & details

Heating
Radiant heat
Cooling
Partially air conditioned

What would this home cost you?

Based on the $4,650,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$21,636 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE MEADOWTOWNE REALTY, MILTON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.