$4,295,000
70 Melbourne Avenue, Toronto, ON M6K 1K7
South Parkdale · W01
Listing courtesy of ROYAL LEPAGE MEADOWTOWNE REALTY
South Parkdale · W01 · M6K 2Z9
$4,195,000
$723 / sq ft5 months on market
Prime Turnkey Investment Property With 18 Legal Self-Contained Apartments In A Well Maintained And Upgraded Converted Building. 15 Bachelors, 2 Two Bedrooms And 1 Large Open Concept Unit, Wide 40' X 145' Lot With A Private Drive And 2 Large Parking Spaces. Many Below Market Rents With Upside In A Rapidly Improving Neighbourhood Between Queen West And Roncesvalles. Well Managed And In Great Repair, Clean And Easy To Manage With A Great Mix Of Young Professional And Mature Tenants. 3 Large Rear Units Newly Constructed, Including Central Air Conditioning and Ensuite Laundry. Rent Roll And Expenses, Floor Plans, Building Permits And Survey Attached.
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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 above most comparable listings — about 77% of comparable multi-unit / investment listings in Toronto are asking less.
Based on 96 comparable active multi-unit / investment listings in Toronto. 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 $4,195,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE SUPREME REALTY. 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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$4,295,000
South Parkdale · W01
Listing courtesy of ROYAL LEPAGE MEADOWTOWNE REALTY
$4,500,000
South Parkdale · W01
Listing courtesy of CENTURY 21 REGAL REALTY INC.