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Price Change$1,949,000

340 Pacific Avenue

Junction Area, Toronto

$1,774,000

Detached|2 1/2 Storey
3 | 3 | 4
About this home

Prime Junction Investment - Three Self-Contained Units + Detached 2-Car Garage. An exceptional opportunity in Toronto's high-demand Junction Area-a fully detached 2-storey property configured with three separate units, offering immediate income potential and strong long-term appreciation in one of the city's most rentable neighbourhoods. With over 2,000 sq. ft. plus additional unfinished basement with 6ft ceilings for storage potential, this property is set up for performance. Each level features its own kitchen and bathroom, creating clear separation and flexibility for multi-tenant use or live-and-rent scenarios. A detached 2-car garage plus mutual drive parking provides a total of four parking spaces-an increasingly rare asset in this pocket of Toronto and a major advantage for tenant retention and rental value. Location is the key - Situated near Annette and Keele in the heart of the Junction, you are steps to transit, parks, schools, libraries, recreation centres, and everyday amenities. The area's walkability, strong tenant demand, and proximity to Bloor West, High Park, and downtown transit routes make this a consistently high-rentability corridor. For investors, this is about stability and upside: a detached structure, multiple income streams, parking revenue potential, and a location that continues to outperform. Whether you're expanding your portfolio or securing a strategic asset in a blue-chip west-end neighbourhood, this is a rare chance to acquire a turn-key multi-unit property in one of Toronto's most dependable rental markets.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$8,039
Lot Size24.67 ft x 119.67 ft
mls© NumberW12834182
Listed BySignature Elite Realty Ltd.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$9,080
Property tax
$670
Heat allowance
$150
Housing costs
$9,900 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $354,800
25-yr amortization

Income needed

$305,000

gross annual household income

Payment at 4%
$7,465 / mo
Cash down
$354,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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