340 Pacific Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Junction Area. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,724,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Premium 24.67 x 119.67 ft lot size
- Convenient double detached garage included
- equipped with yes central cooling and highly efficient radiant heating via gas
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.
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Property Summary
This investment located at 340 Pacific Avenue, Toronto is currently for sale and has been available on SousaSells for 174 days. This property is listed at $1,724,000 with an estimated mortgage of $5,739* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 340 Pacific Avenue, Toronto is in the Junction Area neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Junction Area, Toronto.
- •3 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •Desirable Investment architecture in Junction Area, Toronto
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
- Public Transit
- Recreation/Community Centre
Property History
No historical data available for this property.
This could be the first listing for this address.
Frequently Asked Questions about 340 Pacific Avenue, Toronto, ON
Q.What is the asking price for 340 Pacific Avenue, Toronto, ON ?
The current listing price for 340 Pacific Avenue, Toronto, ON in Junction Area, Toronto is $1,724,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 3 bathrooms.
Q.What property type and architectural style is 340 Pacific Avenue, Toronto, ON ?
340 Pacific Avenue, Toronto, ON is a Investment () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Public Transit, Recreation/Community Centre.
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Yes.
Virtual Tour & 3D Walkthrough
Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Junction Area, Toronto
158 assaults (985.0/100k)
67 B&E (417.7/100k)
68 thefts (423.9/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 340 Pacific Avenue, Toronto, ON M6P 2R1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,724,000 in Toronto, the legal minimum down payment is $344,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $30,955 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,955 also applies, bringing the total estimated land transfer taxes to $61,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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