$1,089,000
12 Blong Avenue, Toronto, ON M4M 1P2
South Riverdale · E01
Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY
South Riverdale · E01 · M4M 1R3
$1,250,000
$625 / sq ft10 months on market
A rare, licensed downtown Toronto income property offering 14 rental accommodations in a prime, high-demand rental location. This fully operational, turnkey asset requires minimal hands-on management and features 6 bathrooms, 2 shared kitchens, and 2 rear parking spaces. Situated as an end-unit row townhouse, the property benefits from only one attached neighbor, enhanced privacy, additional natural light, and the feel of a more traditional urban home. Strong, stable tenancy from university students and young professionals delivers immediate cash flow with minimal turnover, and an attractive cap rate. Ideally situated close to major transit routes, universities, shopping, parks, and everyday amenities, this is a very rare opportunity to acquire a high-cap rate, low-maintenance investment property in Toronto. Price is firm, no vendor take back. No vendor take-back. For More Information About This Listing, More Photos & Appointments, Please Click "View Listing On Realtor Website" Button In The Realtor.Ca Browser Version Or 'Multimedia' Button or brochure On Mobile Device App.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 53% of comparable townhouse listings in South Riverdale are asking less.
Based on 15 comparable active townhouse listings in South Riverdale. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,250,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of TIMES REALTY GROUP INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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$1,089,000
South Riverdale · E01
Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY
$1,428,000
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Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY
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Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
$1,250,000
South Riverdale · E01
Listing courtesy of RE/MAX HALLMARK REALTY LTD.