Home ›Listings ›Toronto ›W12899398

340 Pacific Avenue Toronto W02 ON

📍 Toronto, Ontario M6P 2R1

$1,774,000

Active
3BEDS
3BATHS
3KITCHENS
24.67×119.67LOT (FT)

📋 Listing Highlights

StatusActive
MLS®W12899398
ListedMar 19, 2026
Days on Market—
Property TypeCommercial
StyleInvestment
Cross StreetAnnette And Keele
Possession30-60 Days/FLEX
Virtual TourView Tour →

📝 Listing Description

Prime Junction Multi-Unit Investment Opportunity. An exceptional income-generating property in Toronto's high-demand Junction neighbourhood, offering three self-contained, fully tenanted, residential units in a fully detached two-storey building. Positioned in one of the west end's most consistently rentable corridors, this asset provides immediate rental income with strong long-term appreciation potential. Excellent existing tenants who share pride in caring for the property. The property offers over 2,000 sq. ft. above grade, plus an unfinished basement with approximately 6-ft ceilings-ideal for storage or future functional space. Each unit is configured with its own kitchen and bathroom, allowing for clear tenant separation and flexible leasing strategies, including multi-tenant rental or owner-occupied/live-and-rent scenarios. A detached two-car garage plus mutual drive parking provides a total of four parking spaces, a rare feature in this pocket of Toronto and a major advantage for both tenant demand and potential additional rental income. Strategically located near Annette Street and Keele Street, the property sits in the heart of the Junction-one of Toronto's most desirable west-end communities. The area benefits from strong walkability, excellent transit access, proximity to High Park and Bloor West Village, and a vibrant mix of restaurants, cafés, and retail. Nearby parks, schools, recreation centres, and libraries further strengthen its appeal for long-term tenants. For investors, this property offers stable multi-unit income, parking revenue potential, and location-driven appreciation in a neighbourhood that continues to outperform. Opportunities to acquire detached multi-unit assets with parking in the Junction are increasingly rare, making this a compelling addition to any investment portfolio.

🏠 Property Details

Property TypeCommercial
StyleInvestment
Bedrooms3
Bathrooms3
Kitchens3

📐 Lot & Land

Lot Width24.67 ft
Lot Depth119.67 ft
Cross StreetAnnette And Keele

🔧 Building & Utilities

Heat SourceGas
HeatingRadiant
CoolingYes
GarageDouble Detached

💰 Financial

List Price$1,774,000
Annual Taxes$8,038.57 (2025)
Possession30-60 Days/FLEX

🧮 Mortgage Calculator

$354,800
Est. Monthly Payment
$8,715/mo
Principal: $1,419,200 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by Signature Elite Realty Ltd.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #W12899398 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.