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 Melbou...rne 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.
Full Property Details
General
Business Type
Apts - 13 To 20 Units
Total Area
4000.00 Square Feet
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Apts - 13 To 20 Units
Total Area
4000.00 Square Feet
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Radiant
Air Conditioning
Partial
Washrooms
0
Heating Fuel
Radiant
Air Conditioning
Partial
Exterior
Depth
120.0
Front
30.0
Lot Size
30 x 120.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
Residential
Depth
120.0
Front
30.0
Lot Size
30 x 120.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
Residential
Building Description
Home Type
Commercial
Subtype
Investment
Sewers
Sanitary
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Investment
Sewers
Sanitary
Water Supply
Municipal
Possession Date
No Data
Community
Community
South Parkdale
Community
South Parkdale
Taxes & Fees
Taxes
$21,958.57 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$21,958.57 /yr
Tax Year
2025
Occupancy
Tenant
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