9
$4,500,000
1384 King Street W, Toronto, ON M6K 1H5
South Parkdale · W01
7,558 sf
2 months on marketMLS® W13716282
Listing courtesy of CENTURY 21 REGAL REALTY INC.
1 / 7
For saleMLS® W13795488
70 Melbourne Avenue, Toronto, ON M6K 1K7
South Parkdale · W01 · M6K 1K7
$4,295,000
$1,074 / sq ft1 months on market
- Total area
- 4,000 sf
- Lot
- 30 × 120 ft
What's special
- Partial
About this property
Royal LePage Commercial is pleased to offer for sale 70 Melbourne Avenue in the heart of Parkdale. This 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.
Property details
Property
- Property type
- investment
- Interior size
- 4,000 sq ft
- Lot size
- 30 × 120 ft
- Zoning
- Residential
- Possession
- Immediate
Interior
- Heating
- Radiant
- Cooling
- Partial
Exterior & services
- Sewer
- Sanitary
Costs
- List price
- $4,295,000
- Property taxes
- $21,959 / year (2025)
- Price per sq ft
- $1,074
Listing
- MLS® number
- W13795488
- Status
- For sale
- Listed
- September 17, 2026
- Days on market
- 49
- Last updated
- October 1, 2026
- Listing brokerage
- ROYAL LEPAGE MEADOWTOWNE REALTY
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 78% of comparable multi-unit / investment listings in Toronto are asking less.
$882KMedian $2.70M$8.27M
- This home
- $1,074 / sq ft
- Comparable median
- $697 / sq ft
Based on 95 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
Down payment20.0% · minimum $859,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $18,998.23
- Property tax (est.)
- $1,829.88
- Estimated monthly
- $20,828
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
- $93,850
- Toronto municipal
- $109,750
- Total due on closing
- $203,600
An estimate on the asking price of $4,295,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE MEADOWTOWNE 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.
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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Similar properties nearby
54
$4,195,000
20 Maynard Avenue, Toronto, ON M6K 2Z9
South Parkdale · W01
5,800 sf
5 months on marketMLS® W13165340
Listing courtesy of ROYAL LEPAGE SUPREME REALTY