This Property Has Been Sold
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$2,795,000
31 Alma Ave
Toronto C01, ON M6J 1N2
31 Alma Ave, Toronto C01 — Sold for $2,795,000. 8 bedroom, 6 bathroom 2-Storey Multiplex. MLS® C12856820.
Description
Rare opportunity to acquire a fully redesigned multiplex featuring five legal, self-contained units in one of Toronto's most desirable neighborhoods, featuring a legal fourplex plus a brand new Garden Suite. Steps north of Queen West and just north of Liberty Village. Fully gutted and renovated in 2019,. It is currently fully tenanted with excellent tenants, generating approximately $170,000 in annual gross income. The building offers 3,369 sq.ft. above grade plus 1,414 sq.ft. in the basement and sits on a prominent corner lot with 23.5 ft frontage and 120 ft depth, providing excellent accessibility and natural light. Close to transit, parks, restaurants, shopping, and entertainment, this is an outstanding opportunity for investors and end users alike.
Property Details
Listing Courtesy of: HARVEY KALLES REAL ESTATE LTD.
MLS® #C12856820
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HouseIndex Take: 31 Alma Avenue
This multiplex (2-Storey) is located in the Little Portugal neighbourhood of Toronto.
The home offers 8 bedrooms, 6 bathrooms.
Features include a apartment basement.
Additional details: lot dimensions of 23.23 × 100 feet.
This property has been sold. Annual property taxes were $11,643 (2025). Sign in to view the sold price.
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About Toronto Real Estate
This Multiplex in the Little Portugal community in Toronto has been sold. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Reviewing sold prices in the area helps buyers and sellers understand current market values.