$4,650,000
70 Melbourne Ave
Toronto W01, ON M6K 1K7
70 Melbourne Ave, Toronto W01 — Listed at $4,650,000 Investment. MLS® W13102032.
Possession · seller's timeline
Immediate
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 Details
Business Details
Property Insights
Listing Courtesy of: ROYAL LEPAGE MEADOWTOWNE REALTY
MLS® #W13102032
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About Toronto Real Estate
This Investment is located in the South Parkdale community in Toronto. 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.