
Toronto
Toronto
$4,158,888
1311 PAPE AVENUE, Toronto, M4K3W9
MLS Number: E13181652
Beds
0
Baths
0
Listing
For Sale
Type
Freehold
Square Feet
N/A
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
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1311 PAPE AVENUE, Toronto, M4K3W9
Nearby Schools
Schools near 1311 PAPE AVENUE
Distances are measured in a straight line from this property.
William Burgess Elementary School
Elementary school · Grades JK-5
Toronto DSB
100 Torrens Ave, East York, Ontario, M4J2P5
Chester Elementary School
Elementary school · Grades JK-5
Toronto DSB
115 Gowan Ave, East York, Ontario, M4K2E4
Westwood Middle School
Elementary school · Grades 6-8
Toronto DSB
994 Carlaw Ave, Toronto, Ontario, M4K3M6
Holy Cross Catholic School
Elementary school · Grades JK-8
Toronto CDSB
299 A Donlands Ave, Toronto, Ontario, M4J3R7
Fraser Mustard Early Learning Academy
Elementary school · Grades JK-3
Toronto DSB
82 Thorncliffe Park Drive, Toronto, Ontario, M4H0A2
Thorncliffe Park Public School
Elementary school · Grades 1-5
Toronto DSB
80 Thorncliffe Park Dr, East York, Ontario, M4H1K3
Rolph Road Elementary School
Elementary school · Grades JK-6
Toronto DSB
31 Rolph Rd, East York, Ontario, M4G3M5
Bennington Heights Elementary School
Elementary school · Grades JK-6
Toronto DSB
76 Bennington Heights Dr, East York, Ontario, M4G1B1
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
Estimate Tool
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Down Payment
$831,778
Mortgage Amount
$3,327,110
Principal + Interest
$19,237 / mo
5-Year Term Payments
$1,154,239
Estimated Monthly Carrying Cost
$19,887
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
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