Type: Fourplex
Style: 2 1/2 Storey
Size: Sq Ft
Age: Years
Taxes: $ 7,797 ( 2024)
Updated: 2025-06-02 14:09:34
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!
Fourplex
Status: For Sale
MLS #: W12170213
Price: $ 1,850,000
Address: 62 Harvard Avenue
Type:
Style: 2 1/2 Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 7,797
Tax Year: 2024
Lot Size:
Neighbourhood: Roncesvalles
Nearest Intersection: Queen & Roncesvalles
City: Toronto
Postal Code: M6R 1C6
DOM: 65 Days
Last Update: 2025-06-02 14:09:34
Bedrooms: 7
Bathrooms: 5
Rooms: 0
Kitchens: 4
Family Room:
Fireplace:
Basement: Finished,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage: Mutual
Garage Spaces:
Parking Spaces: 2.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Water
Heat Source: Gas
Air Conditioning: None
Water:
Sewers: