$1,849,000
FOR SALE

Investment

Lot: 24.67 x 119.67 ft
2025 Taxes: $8,038.57

340 Pacific Ave
Toronto, ON M6P 2R1 | Junction Area

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.
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Listed By Signature Elite Realty Ltd.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W12899398
Last Updated May 08, 2026
Property Summary
Property Type Investment

More like this:
PIN 213600074
Legal Description PT LT 15-16 BLK 23 PL 553 WEST TORONTO JUNCTION AS IN CA480102; T/W & S/T CA480102; CITY OF TORONTO
Possession Date 30-60 Days/FLEX
Taxes (2025) $8,038.57
Directions/Cross Streets Annette And Keele
Neighbourhood Junction Area
Area Toronto
Price History

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Detailed Information
Freestanding Y
Bedrooms 3
Bathrooms 3
Rooms 2
Lot 24.67 x 119.67 ft
Air Conditioning Yes
Basement Basement
Garage Type Double Detached
Parking Spaces 4
Heat Source Gas
Heat Type Radiant

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