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$ 4,688,888
Est. payment /mo
New
1311 Pape AVE Toronto E03, ON M4K 3W9
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Municipality Toronto E03
Subdivision Danforth Village-East York
MLS Listing ID E13181652
Annual Tax Amount $20,665
Tax Year 2025
Property Sub-Type Investment
Property Description
Prime Riverdale / Danforth Investment Opportunity. Rare Fully Rebuilt Down-To-The-Studs 10-Unit Victorian Apartment Building In One Of Toronto's Most Desirable East-End Rental Corridors. Featuring 10 Fully Vacant Self-Contained Suites Comprised Of 8 Spacious One-Bedroom Units And 2 Large Two-Bedroom Units, Offering Investors Complete Flexibility With Tenant Selection And Rental Positioning From Day One.Extensively Renovated With New Plumbing, New Electrical Throughout, New Furnace & Updated Mechanical Systems, Energy-Efficient Windows & Doors, Modern Fire-Rated Construction, Smart Main Building Entry System, Security Cameras Throughout, Contemporary Kitchens & Bathrooms, Frameless Glass Showers, Premium Flooring, Pot Lights And High-End Finishes Throughout. All 10 Suites Are Equipped With Refrigerators, Gas Stoves And Microwaves, Providing A Fully Functional Turnkey Residential Setup, While Preserving The Original Brick Exterior And Historic Character.Large Lot Featuring 12 Surface Parking Spaces, Attractive Outdoor Space With Potential Tenant Lounge / Garden Area, Separately Metered Hydro And Strong Long-Term Rental Appeal In A High-Demand Location.Walking Distance To TTC, Danforth Shops, Restaurants, Parks & Everyday Amenities. Future Transit And Infrastructure Improvements In The Area May Further Enhance Long-Term Accessibility And Tenant Demand.A Rare Turnkey Multi-Residential Asset Offering Modern Infrastructure, Minimal Deferred Capital Expenditure Expectations And Strong Investment Fundamentals In One Of Toronto's Most Established Rental Markets.
Location
Province ON
County Toronto
Community Toronto E03
Area Toronto
Interior
Heating Yes
Cooling No
Exterior
Community Features Public Transit, Major Highway
Utilities Available Yes
Lot Frontage 107.0
Lot Depth 111.56
Others
Security Features Yes
ParcelsYN No
Virtual Tour https://drive.google.com/file/d/1fpbgDJ3Xhcvq6_LVAjoDOOp2U_qm8a1v/view?usp=sharing
Listed by BAY STREET GROUP INC.