48
See all 48 photos
$1,774,000
Est. payment /mo
3 Baths
2,326 SqFt
Price Dropped by $75K
340 Pacific AVE Toronto W02, ON M6P 2R1
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,326 sqft
Price per Sqft $762
Municipality Toronto W02
Subdivision Junction Area
MLS Listing ID W12899398
Annual Tax Amount $8,038
Tax Year 2025
Property Sub-Type Investment
Property Description
Prime Junction Multi-Unit Investment Opportunity. An exceptional income-generating property in Toronto's high-demand Junction neighbourhood, offering three self-contained, fully tenanted, residential units in a fully detached two-storey building. Positioned in one of the west end's most consistently rentable corridors, this asset provides immediate rental income with strong long-term appreciation potential. Excellent existing tenants who share pride in caring for the property. The property offers over 2,000 sq. ft. above grade, plus an unfinished basement with approximately 6-ft ceilings-ideal for storage or future functional space. Each unit is configured with its own kitchen and bathroom, allowing for clear tenant separation and flexible leasing strategies, including multi-tenant rental or owner-occupied/live-and-rent scenarios. A detached two-car garage plus mutual drive parking provides a total of four parking spaces, a rare feature in this pocket of Toronto and a major advantage for both tenant demand and potential additional rental income. Strategically located near Annette Street and Keele Street, the property sits in the heart of the Junction-one of Toronto's most desirable west-end communities. The area benefits from strong walkability, excellent transit access, proximity to High Park and Bloor West Village, and a vibrant mix of restaurants, cafés, and retail. Nearby parks, schools, recreation centres, and libraries further strengthen its appeal for long-term tenants. For investors, this property offers stable multi-unit income, parking revenue potential, and location-driven appreciation in a neighbourhood that continues to outperform. Opportunities to acquire detached multi-unit assets with parking in the Junction are increasingly rare, making this a compelling addition to any investment portfolio.
Location
Province ON
County Toronto
Community Toronto W02
Area Toronto
Rooms
Kitchen 3
Interior
Heating Yes
Cooling Yes
Heat Source Gas
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Lot Frontage 24.67
Lot Depth 119.67
Others
ParcelsYN No
Virtual Tour https://unbranded.youriguide.com/340_pacific_ave_toronto_on/
Listed by Signature Elite Realty Ltd.
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