ON > Toronto W01 > Roncesvalles
Toronto W01, ON M6R 1C6,62 Harvard AVE
Toronto W01, ON M6R 1C6,62 Harvard AVE
Toronto W01, ON M6R 1C6,62 Harvard AVE
Toronto W01, ON M6R 1C6,62 Harvard AVE
Toronto W01, ON M6R 1C6,62 Harvard AVE
Toronto W01, ON M6R 1C6,62 Harvard AVE
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Ana Bastas

Ana Bastas

+1(647) 361-8169
$ 1,850,000
Est. payment | /mo

7 Beds

5 Baths

Save Virtual Tour
$ 1,850,000
Est. payment | /mo
Save Virtual Tour

7 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Roncesvalles

MLS Listing ID W12170213

Style 2 1/2 Storey

Bedrooms 7

Annual Tax Amount $7,796

Tax Year 2024

Property Sub-Type Fourplex

Property Description

62 Harvard Ave, A Rare Legal Fourplex In The Heart Of Roncesvalles! This Fully Detached 2.5-Storey Brick Beauty Is A True Income Powerhouse In One Of Torontos Most Coveted Neighbourhoods. Steps To Queen West, High Park, And Roncys Iconic Shops And Eateries, This Is Prime Urban Real Estate With Long-Term Upside Built In. Set On A Deep Lot, This Property Offers A Strong Mix Of Units: A Massive 4-Bedroom Main + Basement Unit, Two 1-Bedroom Units On The Second Floor, And One Charming 1-Bedroom Unit w/ Large Balcony On The Third. All Units Are Spacious, Bright, And Fully Tenanted, Generating A Healthy $113,268 Gross Income. A Cap Rate Of 5% w/ Tons Of Upside Potential, In An A+++ Location! Theres Also Room To Grow: Several Units Have Under-Market Rents, Offering Big Value Uplift On Turnover. The Rear Yard Offers Garden Suite Potential (Buyer To Verify), Which Could Push This To A 5-Unit Asset. Perfect For Commercial Financing And A Huge Value Bump. Whether Youre An Investor Looking To Park Capital In A Bulletproof Area Or A Developer Seeking Long-Term Density Plays This Is A Rock-Solid Opportunity In One Of Toronto's Most Desirable Neighbourhoods! Strong Garden Suite Report, Potentially Up to 1047sf Build, Opportunity To Take This to 4+1 Units For CMHC Financing & BIG Value Add!

Location

Province ON

County Toronto

Community Roncesvalles

Area Toronto

Rooms

Family Room No

Basement Finished

Kitchen 4

Separate Den/Office 1

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Mutual

Pool None

Roof Type Asphalt Shingle

Lot Frontage 21.0

Lot Depth 132.0

Total Parking Spaces 2

Building

Foundation Unknown

Others

Virtual Tour https://www.houssmax.ca/vtournb/c6255378

Listed by ELEVATE REALTY INC.
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 361-8169

ana@anabastas.ca

130 KING ST W UNIT 1900B TORONTO, ON M5X 1E3, ON, M5X 1E3, CAN

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62 Harvard AVE