70 MELBOURNE AVENUE, Toronto (South Parkdale), Ontario, M6K1K7

Property Description

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. (id:64974)

Quick Facts

• Property Type: Multi-Family
• Bedrooms: None
• Bathrooms: None
• Living Area: 4,000 sq ft (371.6 m²)
• Attached: Yes
• Frontage: 30 ft (9.1 m)

Costs

• Annual Taxes: $21,958.57

Listing Provided by: ROYAL LEPAGE MEADOWTOWNE REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.