$1,724,000
( $740.95Per Sq Foot )
 $9,255 est/mo Sourced by Back At You

340 Pacific Avenue,Toronto W02, ON M6P 2R1

Toronto W02, ON M6P 2R1

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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. Main floor and top floor currently vacant.

Details

MLS #W12899398
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Year0
Days On Site154
Listing Provided BySignature Elite Realty Ltd. | W12899398 20014700

Features

Bed(s)3
Bath(s)3
SQ Feet2,326
Acreage0.05

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingYes
Heat SourceGas
Rooms Total2

Exterior

Community FeaturesPublic Transit, Recreation/Community Centre

Utilities

UtilitiesAvailable

Taxes

Tax Annual Amount8038.57
Tax TypeAnnual
Tax Legal DescriptionPT LT 15-16 BLK 23 PL 553 WEST TORONTO JUNCTION AS IN CA480102; T/W & S/T CA480102; CITY OF TORONTO
Tax Year2025

Area Information

ProvinceON
CountyToronto
CityToronto W02
Postal CodeM6P 2R1
AreaJunction Area
Listing VS Median (in M6P 2R1)
Price:
$1,724,000
low | high
Med:
$1,724,000
50% of Average
sqft:
2,326
low | high
Med:
2,326
50% of Average
$ / sqft:
$741
low | high
Med:
$741
50% of Average
On site:
154
low | high
Med:
154
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyToronto
CityToronto W02
Postal CodeM6P 2R1
AreaJunction Area
Listing VS Median (in M6P 2R1)
Price:
$1,724,000
low | high
Med:
$1,724,000
50% of Average
sqft:
2,326
low | high
Med:
2,326
50% of Average
$ / sqft:
$741
low | high
Med:
$741
50% of Average
On site:
154
low | high
Med:
154
100% of Average
Sourced by Back At You
Listing Updated: August 19, 2026 at 7:08:22 PM PDT
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