Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# E13181652

1311 Pape Avenue, Toronto, ON M4K 3W9

Toronto E03, ON M4K 3W9

$4,158,888 Est. $17,664/mo · 20% down, 25-yr, 4.09% ↓ $530,000 (-11.3%)
107 × 112 ftLot
InvestmentType

About this property

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 Summary

Property TypeInvestment
Community NameDanforth Village-East York
Land Size107.00 x 111.56 Feet
Annual Property Taxes$20,665.00
Tax Year2025
Parking TypeNone Garage

Building details

Bathrooms / washrooms0
Property typeInvestment

Lot & land

Lot dimensions107.00 x 111.56 Feet
Lot frontage107 ft
Lot depth112 ft

Interior Features

Inclusions10 Units, 10 fridges, 10 stoves, owned 2 new (2020)water Tanks, owned furnace. each Tenant has own Tenant installed

Building Features

StyleInvestment
Fire ProtectionYes

Heating & Cooling

CoolingNo
Heating TypeWater Radiators

Parking

Parking TypeNone Garage

Taxes & fees

Annual taxes$20,665 (2025)

Listing history

On market sinceMay 27, 2026
Original list price$4,688,888

Location

Toronto E03, ON M4K 3W9
Listed by BAY STREET GROUP INC., Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
1311 Pape Avenue, Toronto, ON M4K 3W9