70 MELBOURNE AVENUE

Toronto  ON  M6K 1K7
MLS®W13795488
  • $4,295,000
  • For Sale
70 MELBOURNE AVENUE
Toronto  ON  M6K 1K7
MLS®W13795488
$4,295,000
For Sale

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. (id:27)

Features

  • Lot Frontage: 30 Feet
  • Lot Depth: 120 Feet
  • Lot Size: 30 x 120 FT
  • Floor Space (approx): 4000 Square Feet
  • Zoning: Residential
  • Property Type: Multi-family
  • Sewer: Sanitary sewer
  • Style: Multiplex
  • Building Type: Multi-Family
  • Cooling Type: Partially air conditioned
  • Heating Type: Radiant heat
  • Neighbourhood South Parkdale
  • Zoning Type Residential
  • Lot Size 30 x 120 FT
  • Lot Frontage 30 FEET
  • Lot Depth 120 FEET
  • Floor Space 4000 FEETSQ
  • Water Municipal water