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For saleMLS® E13181652

1311 Pape Avenue, Toronto, ON M4K 3W9

Danforth Village-East York · E03 · M4K 3W9

$4,158,888

$15,403,289 / sq ft

5 months on market

Total area
0.27 sf
Lot
107 × 111.56 ft

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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.

$885KMedian $2.70M$8.22M
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

Down payment20.0% · minimum $831,778
$831,778
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$4,158,888

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Nearby sold prices are hidden

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