HomeListingsTorontoW13102032

70 Melbourne Avenue Toronto W01 ON

📍 Toronto, Ontario M6K 1K7

$4,650,000

Active
30×120LOT (FT)

📋 Listing Highlights

StatusActive
MLS®W13102032
ListedMay 8, 2026
Days on Market
Property TypeCommercial
StyleInvestment
Cross StreetCowan Avenue, Melbourne Avenue

📝 Listing Description

Royal LePage Commercial is pleased to offer for sale 70 Melbourne Avenue in the heart of Parkdale. This 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 TypeCommercial
StyleInvestment

📐 Lot & Land

Lot Width30 ft
Lot Depth120 ft
Cross StreetCowan Avenue, Melbourne Avenue

🔧 Building & Utilities

HeatingRadiant
CoolingPartial
GarageNone

💰 Financial

List Price$4,650,000
Annual Taxes$21,958.57 (2025)

🧮 Mortgage Calculator

$930,000
Est. Monthly Payment
$22,844/mo
Principal: $3,720,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by ROYAL LEPAGE MEADOWTOWNE REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #W13102032 · 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.