A detached multi-unit opportunity in the heart of the Junction, with two vacant units offering immediate flexibility for investors and end users alike. This substantial two-storey property offers over 2,000 sq. ft. above grade with three self-contained residential units, each with its own kitchen and bathroom. With the main-floor and upper-floor units currently vacant, a new owner has the rare advantage of choosing their own tenants and establishing new leases, or occupying one unit while generating income from the others. The existing tenant takes pride in the property, adding to the appeal of an already versatile setup. An unfinished basement with approximately 6-ft ceilings provides excellent storage and additional functional space. Outside, a detached two-car garage and parking accommodate up to four vehicles, an increasingly valuable feature in this part of the city with potential to further enhance rental income. Just off Annette near Keele, the location is a major part of the investment story. The Junction's restaurants, cafes, independent shops and everyday conveniences are close at hand, with excellent transit connections and easy access to High Park, Bloor West Village, schools, parks, recreation and community amenities. Whether you're looking to expand an investment portfolio, live in one unit while earning income from the others, or secure a detached multi-unit property with considerable flexibility, this is a rare opportunity in one of Toronto's most established and consistently desirable west-end neighbourhoods.
Address
340 Pacific Avenue
List Price
$1,649,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Toronto W02
Sub-Area
Junction Area
Region
Toronto
Bedrooms (Total)
3
Rooms (Total)
2
Bathrooms
3
Lot Depth
119.67
Lot Type
Lot
Lot Size Units
Feet
Lot Width
24.67
Parcel Number
213600074
Total Building Area
2326.75
Occupant Type
Owner+Tenant
Cross Street
Annette And Keele
MLS® Number
W13763220
Listing Brokerage
Signature Elite Realty Ltd.
Basement
Yes
Postal Code
M6P 2R1
Posession Details
30-60 Days/FLEX
Parking Spaces
4
Tax Amount
$8,038.57
Tax Year
2025
Site Influences
Public Transit, Recreation/Community Centre
Community Features
Public Transit, Recreation/Community Centre
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Source
Gas
Heat Type
Radiant
Cooling
Yes
Cooling Features
Yes
Garage Type
Double Detached
Kitchens Total
3
Tax Legal Description
PT LT 15-16 BLK 23 PL 553 WEST TORONTO JUNCTION AS IN CA480102; T/W & S/T CA480102; CITY OF TORONTO