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Investment for sale at 340 Pacific Avenue, Toronto W02 - 3 bedroom, 3 bathroom - Photo 1 of 49
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$1,649,000

340 Pacific Ave

Toronto W02, ON M6P 2R1

340 Pacific Ave, Toronto W02Listed at $1,649,000. 3 bedroom, 3 bathroom Investment. MLS® W13763220.

Possession · seller's timeline

30-59 days (30-60 Days/FLEX)

3Beds
3Baths
Investment
$8,038.57Taxes/yr · 2025

Description

A detached multi-unit opportunity in the heart of the Junction, with two vacant units offering immediate flexibility for investors and end users alike. This substantial two-storey property offers over 2,000 sq. ft. above grade with three self-contained residential units, each with its own kitchen and bathroom. With the main-floor and upper-floor units currently vacant, a new owner has the rare advantage of choosing their own tenants and establishing new leases, or occupying one unit while generating income from the others. The existing tenant takes pride in the property, adding to the appeal of an already versatile setup. An unfinished basement with approximately 6-ft ceilings provides excellent storage and additional functional space. Outside, a detached two-car garage and parking accommodate up to four vehicles, an increasingly valuable feature in this part of the city with potential to further enhance rental income. Just off Annette near Keele, the location is a major part of the investment story. The Junction's restaurants, cafes, independent shops and everyday conveniences are close at hand, with excellent transit connections and easy access to High Park, Bloor West Village, schools, parks, recreation and community amenities. Whether you're looking to expand an investment portfolio, live in one unit while earning income from the others, or secure a detached multi-unit property with considerable flexibility, this is a rare opportunity in one of Toronto's most established and consistently desirable west-end neighbourhoods.

Property Details

Property TypeInvestment
CommunityJunction Area
Kitchens3
Washrooms3
Lot Dimensions24.67 × 119.67 ft
Dir/Cross StAnnette And Keele
Garage TypeDouble Detached
Heating TypeRadiant
Heating SourceGas
A/CYes
Taxes (2025)$8,038.57
HSTNot Subject to HST
Listed Date9/9/2026
Days on Market11 days
Possession30-60 Days/FLEX

Business Details

Property Sub-TypeInvestment
Property UseApartment
Occupant TypeOwner+Tenant
Showing RequirementsLockbox
Possession Type30-59 days
Listing Expires1/29/2027

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Property Insights

Listing Courtesy of: Signature Elite Realty Ltd.

MLS® #W13763220

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 340 Pacific Avenue

This investment is located in the Junction Area neighbourhood of Toronto.

The home offers 3 bedrooms, 3 bathrooms.

Additional details: lot dimensions of 24.67 × 119.67 feet.

Listed at $1,649,000 CAD with annual property taxes of $8,038.57 (2025).

About Toronto Real Estate

This Investment is located in the Junction Area 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.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →