1311 Pape Avenue, Toronto, ON M4K 3W9, Toronto E03, ON
0.27 sqft
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.
Property Highlights
For Sale
MLS NO.
E13181652
Type
Commercial
Sub Type
Investment
Square Footage
0.27 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
E13181652
Security Features
Yes
Lot Width
107.0
Garage Type
None
Cooling
No
Cooling Installed
No
Heat Type
Water Radiators
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
1311 Pape Avenue, Toronto, ON M4K 3W9
City
Toronto E03
Neighbourhood
Danforth Village-East York
County / Region
Toronto
Province / State
ON
Postal Code
M4K 3W9
Cross Street
Pape & O'connor
Directions
Pape & O'connor
Country
CA
List Price
$4,688,888
Annual Taxes
$20,665
Tax Year
2025
Possession Type
Immediate
Possession Details
Immediate
Listing Office
BAY STREET GROUP INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-05-27T04:33:36Z
Media Updated
2026-05-27T04:33:36Z
Photos Updated
2026-05-27T04:33:36Z
Last Modified
2026-05-27T19:43:48Z
System Modified
2026-07-06T21:29:44.766509Z
MLS Status
New
Basement Yn
Yes
Board Property Type
Com
Ddfyn
Yes
Expiration Date
2026-11-30
Heat Type Multi
Water Radiators
Heating Yn
Yes
Hstapplication
Included In
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
103800011
Parking Spaces
12
Public Remarks
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.
