70 MELBOURNE AVENUE, Toronto (South Parkdale), Ontario, M6K1K7

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For sale, ID#: W12884870
70 MELBOURNE AVENUE
Toronto (South Parkdale) Ontario
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$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:2471)

Representative
John McConkey
John McConkeyBroker of Record
McConkey Real Estate Corp. Brokerage
Property Details
  • Property Address: 70 MELBOURNE AVENUE, Toronto (South Parkdale), Ontario, M6K1K7
  • Community Name: South Parkdale
  • Property Type: Multi-family
  • Zoning Description: Residential
  • Lot Size: 30 x 120 FT
  • Acreage: 30 x 120 FT
  • Sewage Type: Sanitary sewer
  • Water Type: Municipal water
  • Maintenance Fee: 0.00
Structure Details
  • Structure Style: Multi-Family
  • Floor Space: 4000 sqft
  • Cooling: Partially air conditioned
Neighbourhood Information

Listing Office: ROYAL LEPAGE MEADOWTOWNE REALTY

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70 MELBOURNE AVENUE, Toronto (South Parkdale), Ontario, M6K1K7

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