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MLS® W12884870
South Parkdale, Toronto, ON
Royal LePage Commercial is pleased to offer for sale 70 Melbourne Avenue in the heart of Parkdale. This 17 unit 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.
Broker
ROYAL LEPAGE MEADOWTOWNE REALTY
Neighbourhood
South Parkdale
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Investment
70 Melbourne Avenue Toronto
South Parkdale
Type
Investment
Parking
None
Property Tax
~$21,959/yr
Heating
Radiant
Buying Essentials
Square Feet
4000 sqft
Parking
None
Finances
List Price
$5,150,000
Price per SQFT
$1,288/sqft
Property Tax
~$21,959/yr
Property Specs
Property Type
Investment
MLS Size
4000 sqft
Living & Amenities
Heating Type
Radiant
Policies & Utilities
Neighbourhood
South Parkdale
Listed On
Mar 12, 2026
Days on Market
Current: 240 days
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