For Sale

70 Melbourne Avenue, Toronto W01, Ontario M6K 1K7

$5,150,000

70 Melbourne Avenue, Toronto W01, Ontario M6K 1K7 is For Sale and has a listing price of 5,150,000. The property is located in the Toronto W01 . It's been on the website for 1 Day.

  • Investment
    Property Type
  • MLS ID: W12884870
  • Office Name ROYAL LEPAGE MEADOWTOWNE REALTY
Property Description

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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: W12884870
  • Price: $5,150,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 120
  • Ref ID: W12884870
  • Dir / Cross St: Cowan Avenue, Melbourne Avenue
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
03/15/2026 W12884870 $5,150,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto W01
  • $1,253,076 Average List Price
    based on 1 year
  • 165 New Listings
    based on 30 days
  • 39 Median Days on Market
    based on 1 year
  • List vs. Selling Price 188.07 % Up
  • Sold (12mo) 170
  • Rented (12mo) 249

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -
Walkscore
  • 95 Walk Score
    Walker's Paradise
  • 88 Transit Score
    Excellent Transit
  • 82 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Radiant
  • Garage Type Y
  • Taxes: $21,959
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 15/03/2026 16:35:30
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