$2,649,000
FOR SALE

Detached

Bedrooms: 6+2Bathrooms: 4Lot: 29 x 139 ft

21 Macdonell Avenue
Toronto (Roncesvalles), ON M6R 2A3

Prime 4-Unit Income Property, a rare opportunity in the heart of Roncesvalles, this stunning red double-brick classic home offers exceptional rental income for investors or savvy homeowners, with 4 incredible fully equipped, spacious 2-bedroom apartments. Each self-contained unit boasts modern upgraded kitchens with dishwashers, private entrances, and ensuite laundry for ultimate convenience. Thoughtfully designed with spacious layouts, the main floor features soaring ceilings and timeless character. The second floor offers a functional layout, a private balcony, and an oversized sunlit west-facing living room. The third floor is warm and inviting, with an open-concept kitchen and abundant natural light. The basement unit impresses as a true 2 bedroom apartment with large above-grade windows and a walkout to the backyard. Serviced by a high-efficiency boiler (2018) and a 400-amp electrical system, each unit has its own 60-amp service, with additional capacity for future expansion. Amazing, spacious backyard and oversized 3-car garage, featuring three skylights and updated garage doors (2018), presents a fantastic opportunity for a laneway suite, with two parking spaces currently rented and one vacant. The units generate substantial rental income with less than average property expenses. Nestled between Roncesvalles and Queen West, this property is steps from vibrant cafes, restaurants, High Park, waterfront trails and major TTC routes, with easy access to Lakeshore Blvd and the Gardiner for seamless commuting. A walker's paradise with unbeatable rental demand, this is a turnkey investment opportunity perfect for generating passive income or accommodating multigenerational living, a very special opportunity in one of the best neighbourhoods in Toronto. (id:47421)
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Listed By SAGE REAL ESTATE LIMITED
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W12022549
Last Updated Mar 25, 2025
Property Summary
Property Type Detached

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Community Roncesvalles
Price History

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Detailed Information
Bedrooms 6+2
Bathrooms 4
Lot 29 x 139 ft
Amenities Nearby Schools, Public Transit, Park
Community Features Community Centre
Listing Contract Date 2025-03-17
Location Description Roncesvalles & Queen
Ownership Type Freehold
# of Parking Spaces 3
Property Type Single Family
Transaction Type For sale
Building
Age 100+ years
Appliances Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Features Apartment in basement, Separate entrance
Basement Type N/A
Construction Style (Attachment) Detached
Exterior Finish Brick
Flooring Type Hardwood, Tile, Vinyl, Cork
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Radiant heat
Stories Total 3
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BedroomSecond level3.15 m x 2.99 m
BathroomSecond level2.72 m x 2.71 m
FoyerSecond level4.6 m x 2.01 m
KitchenSecond level2.55 m x 2.43 m
Dining roomSecond level3.41 m x 2.62 m
Living roomSecond level4.83 m x 4.02 m
Primary BedroomSecond level3.59 m x 3.58 m
KitchenThird level4.03 m x 3.12 m
Living roomThird level5.33 m x 3.11 m
Primary BedroomThird level4.24 m x 3.08 m
Bedroom 2Third level3.91 m x 3.16 m
BathroomThird level2.7 m x 1.86 m
FoyerThird level3.89 m x 1.72 m
KitchenBasement3.09 m x 2.9 m
Living roomBasement4.79 m x 3.95 m
Dining roomBasement2.55 m x 2.48 m
Primary BedroomBasement3.85 m x 3.06 m
Bedroom 2Basement3.3 m x 2.75 m
BathroomBasement2.2 m x 1.86 m
Mud roomBasement3.51 m x 3.37 m
KitchenMain level3.68 m x 3.19 m
Living roomMain level4.69 m x 3.96 m
Primary BedroomMain level4.13 m x 3.98 m
BathroomMain level1.89 m x 1.85 m
FoyerMain level3.49 m x 2.03 m
Bedroom 2Ground level4.01 m x 2.17 m
Parking Spaces
Name Spaces
Detached Garage
Garage
Land
Total Size 29 x 139 FT
Amenities Schools, Public Transit, Park
Sewer Sanitary sewer
Size of Irregular Land 29 x 139 FT
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