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:15069)
| Business Type | Residential |
| Business Sub Type | Apartments |
| MLS® Number | W12884870 |
| Property Type | Multi-family |
| Neigbourhood | Parkdale |
| Community Name | South Parkdale |
| Cooling Type | Partially Air Conditioned |
| Heating Type | Radiant Heat |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 120 Ft |
| Size Frontage | 30 Ft |
| Size Irregular | 30 X 120 Ft |
| Size Total Text | 30 X 120 Ft |
| Zoning Description | Residential |
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