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70 Melbourne Avenue Toronto (South Parkdale), Ontario M6K 1K7

Partially Air Conditioned Radiant Heat

$5,150,000

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:49269)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number W12884870
Property Type Multi-family
Community Name South Parkdale

Building

CoolingType Partially Air Conditioned
HeatingType Radiant Heat
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 120 Ft
SizeFrontage 30 Ft
SizeIrregular 30 X 120 Ft
SizeTotalText 30 X 120 Ft
ZoningDescription Residential

https://www.realtor.ca/real-estate/29473069/70-melbourne-avenue-toronto-south-parkdale-south-parkdale

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