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South Parkdale · M6K 1K7
$5,150,000
MLS® #W12884870
About This Property
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.
General Information
Building & Mechanicals
Parking & Garage
Lot & Land
Taxes
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Estimated monthly payment
$25,300
Down payment: $1,030,000 · Loan: $4,120,000
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
ROYAL LEPAGE MEADOWTOWNE REALTY
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Mar 16, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.