70 Melbourne Avenue, Toronto, ON M6K 1K7
South Parkdale, Toronto · Near Cowan Avenue, Melbourne Avenue · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 4000 sq ft
- Lot size
- 30 x 120 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Radiant
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $21,959/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Cowan Avenue, Melbourne Avenue
- Neighbourhood
- South Parkdale
More
- MLS® number
- W13795488
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
70 Melbourne Avenue, Toronto, ON M6K 1K7
South Parkdale, Toronto · Near Cowan Avenue, Melbourne Avenue
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Listing history for 70 Melbourne Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 70 Melbourne Avenue
Answers come straight from this home’s MLS® listing.
How much is 70 Melbourne Avenue listed for, and what would it cost each month?
70 Melbourne Avenue is listed for $4,295,000. With 20% down ($859,000), the mortgage payment would be roughly $17,325 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $19,155 a month, all in. That figure is an illustration, not a quote.
Is 70 Melbourne Avenue freehold or a condo, and is there a monthly fee?
70 Melbourne Avenue is a investment in South Parkdale, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 70 Melbourne Avenue have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 70 Melbourne Avenue?
70 Melbourne Avenue is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 70 Melbourne Avenue, and what is the lot size?
The lot is listed as 30 x 120 ft.
How is 70 Melbourne Avenue heated and cooled?
Heating is radiant. Cooling is partial.
What are the property taxes for 70 Melbourne Avenue?
Property taxes are $21,959 a year (2025), or about $1,830 a month.
Where is 70 Melbourne Avenue?
70 Melbourne Avenue is in the South Parkdale community of Toronto. The nearest main intersection is Cowan Avenue, Melbourne Avenue. The postal code is M6K 1K7.
Is 70 Melbourne Avenue still for sale?
Yes. It is an active listing (MLS® W13795488). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 70 Melbourne Avenue asking?
Similar properties for sale nearby right now include 20 Maynard Avenue at $4,195,000, 1384 King Street W at $4,500,000 and 1347 Queen Street W at $4,999,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 70 Melbourne Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 70 Melbourne Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.