Michael Tzakas
Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage
Independently owned and operated.
685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6
Cell: 416-561-3911Office: 416-494-7653
$1,649,000
Available - For Sale
Listing ID: W13763220
340 Pacific Avenue , Toronto, M6P 2R1, Toronto
| A detached multi-unit opportunity in the heart of the Junction, with two vacant units offering immediate flexibility for investors and end users alike. This substantial two-storey property offers over 2,000 sq. ft. above grade with three self-contained residential units, each with its own kitchen and bathroom. With the main-floor and upper-floor units currently vacant, a new owner has the rare advantage of choosing their own tenants and establishing new leases, or occupying one unit while generating income from the others. The existing tenant takes pride in the property, adding to the appeal of an already versatile setup. An unfinished basement with approximately 6-ft ceilings provides excellent storage and additional functional space. Outside, a detached two-car garage and parking accommodate up to four vehicles, an increasingly valuable feature in this part of the city with potential to further enhance rental income. Just off Annette near Keele, the location is a major part of the investment story. The Junction's restaurants, cafes, independent shops and everyday conveniences are close at hand, with excellent transit connections and easy access to High Park, Bloor West Village, schools, parks, recreation and community amenities. Whether you're looking to expand an investment portfolio, live in one unit while earning income from the others, or secure a detached multi-unit property with considerable flexibility, this is a rare opportunity in one of Toronto's most established and consistently desirable west-end neighbourhoods. |
| Price | $1,649,000 |
| Taxes: | $8038.57 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 340 Pacific Avenue , Toronto, M6P 2R1, Toronto |
| Postal Code: | M6P 2R1 |
| Province/State: | Toronto |
| Legal Description: | PT LT 15-16 BLK 23 PL 553 WEST TORONTO J |
| Directions/Cross Streets: | Annette And Keele |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 2326.75 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Washrooms: | 3 |
| Heat Type: | Radiant |
| Central Air Conditioning: | Yes |
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| Signature Elite Realty Ltd. |
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|
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto W02 |
| Neighbourhood: | Junction Area |
| Tax: | $8,038.57 |
| Baths: | 3 |
| Fireplace: | N |
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