1311 Pape Avenue, Toronto, ON M4K 3W9
Danforth Village-East York · E03 · M4K 3W9
$4,158,888
$15,403,289 / sq ft5 months on market
- Total area
- 0.27 sf
- Lot
- 107 × 111.56 ft
About this property
Prime Riverdale / Danforth Investment Opportunity. Rare Fully Rebuilt Down-To-The-Studs 10-Unit Victorian Apartment Building In One Of Toronto's Most Desirable East-End Rental Corridors. Featuring 10 Fully Vacant Self-Contained Suites Comprised Of 8 Spacious One-Bedroom Units And 2 Large Two-Bedroom Units, Offering Investors Complete Flexibility With Tenant Selection And Rental Positioning From Day One.Extensively Renovated With New Plumbing, New Electrical Throughout, New Furnace & Updated Mechanical Systems, Energy-Efficient Windows & Doors, Modern Fire-Rated Construction, Smart Main Building Entry System, Security Cameras Throughout, Contemporary Kitchens & Bathrooms, Frameless Glass Showers, Premium Flooring, Pot Lights And High-End Finishes Throughout. All 10 Suites Are Equipped With Refrigerators, Gas Stoves And Microwaves, Providing A Fully Functional Turnkey Residential Setup, While Preserving The Original Brick Exterior And Historic Character.Large Lot Featuring 12 Surface Parking Spaces, Attractive Outdoor Space With Potential Tenant Lounge / Garden Area, Separately Metered Hydro And Strong Long-Term Rental Appeal In A High-Demand Location.Walking Distance To TTC, Danforth Shops, Restaurants, Parks & Everyday Amenities. Future Transit And Infrastructure Improvements In The Area May Further Enhance Long-Term Accessibility And Tenant Demand.A Rare Turnkey Multi-Residential Asset Offering Modern Infrastructure, Minimal Deferred Capital Expenditure Expectations And Strong Investment Fundamentals In One Of Toronto's Most Established Rental Markets.
Property details
Property
- Property type
- investment
- Interior size
- 0.27 sq ft
- Lot size
- 107 × 111.56 ft
- Zoning
- R1C (Rd)
- Possession
- Immediate
Interior
- Heating
- Water Radiators
- Cooling
- No
Costs
- List price
- $4,158,888
- Property taxes
- $20,665 / year (2025)
- Price per sq ft
- $15,403,289
Listing
- MLS® number
- E13181652
- Status
- For sale
- Listed
- May 27, 2026
- Days on market
- 162
- Last updated
- July 26, 2026
- Listing brokerage
- BAY STREET GROUP INC.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 77% of comparable multi-unit / investment listings in Toronto are asking less.
- This home
- $15,403,289 / sq ft
- Comparable median
- $699 / sq ft
Based on 96 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $18,396.16
- Property tax (est.)
- $1,722.12
- Estimated monthly
- $20,118
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $90,447
- Toronto municipal
- $103,625
- Total due on closing
- $194,072
An estimate on the asking price of $4,158,888. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of BAY STREET 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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