70 Melbourne Avenue, Toronto, ON, M6K 1K7

Property Details: - Type: Investment - Bedrooms: 0 - Bathrooms: 0 - MLS#: W12884870 Listed By: ROYAL LEPAGE MEADOWTOWNE REALTY

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. This investment home located at 70 Melbourne Avenue, Toronto is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $5,150,000 with an estimated mortgage of $18,956* per month. It has beds, bathrooms, and is 4,000 square feet. 70 Melbourne Avenue, Toronto is in the South Parkdale neighborhood Toronto. Roncesvalles, Little Portugal and Trinity Bellwoods are nearby neighborhoods.