70 Melbourne Avenue, Toronto
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. (id:1945)
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Property details for 70 Melbourne Avenue, Toronto
- Type
- Multi-family
- Living Area
- 4,000 square feet
- Lot Size
- 30 x 120 FT
- Heating
- Radiant heat
- Cooling
- Partially air conditioned
- Annual Taxes
- $21,959
Nearby Listings Stat
Estimated price and comparable properties near 70 Melbourne Avenue
Active Listings
656
Min Price
$1
Max Price
$12,250,000
Avg Price
$1,190,908
Days on Market
59
days
Sold Listings
251
Min Sold Price
$35,000
Max Sold Price
$4,995,000
Avg Sold Price
$1,057,570
Days until Sold
65
days
Neighbourhood Census Data
Toronto, Ontario
Population
466
Median Age
38.6
Median Income
$22,976
Dwelling Value
$1,000,783
Housing Tenure
Owners 28%
Renters 74%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 9,914.9/km²
Avg Shelter Cost: $2,408/mo
Owners with Mortgage: 62.5%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 53.8%
English only: 84.9%
English and French: 12.9%
Neither: 1.1%
Median Household Income: $36,224
Median Employment Income: $26,048
Price History
Listed
September 17, 2026
by ROYAL LEPAGE MEADOWTOWNE REALTY
Current Price
$4,295,000
-16.6% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $4,295,000 | $855,000 (-16.6%) |
| Sep 17, 2026 | $5,150,000 | Listed |
Contact Agent Get in touch about 70 Melbourne Avenue, Toronto
BLAKE PRESTON
ROYAL LEPAGE MEADOWTOWNE REALTY