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116 Spencer Ave 35 Unit Apartment Building For Sale Toronto, ON M6K 1G8
Investment Highlights
- 35 residential suites in Parkdale.
- Predominantly bachelor suites.
- Available individually or as part of 122-unit portfolio.
- Steps from the lakefront and downtown Toronto.
Executive Summary
116 Spencer Avenue is a 35-unit multifamily investment opportunity located in the vibrant Parkdale neighbourhood of Toronto. Part of a portfolio offering alongside 231 Vaughan Road and 149 Cosburn Avenue.
Located in one of Toronto's most dynamic west-end neighbourhoods, this apartment building benefits from strong tenant demand and proximity to the lakefront, Exhibition Place, and downtown core. The property is being offered as part of a 122-unit portfolio or individually.
Price available upon request.
Located in one of Toronto's most dynamic west-end neighbourhoods, this apartment building benefits from strong tenant demand and proximity to the lakefront, Exhibition Place, and downtown core. The property is being offered as part of a 122-unit portfolio or individually.
Price available upon request.
Property Facts
| Sale Type | Investment | Lot Size | 0.15 AC |
| No. Units | 35 | Building Size | 11,800 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1977 |
| Apartment Style | Low-Rise | Parking Ratio | 0.5/1,000 SF |
| Building Class | C | ||
| Zoning | R - Residential | ||
| Sale Type | Investment |
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 11,800 SF |
| No. Stories | 3 |
| Year Built | 1977 |
| Parking Ratio | 0.5/1,000 SF |
| Zoning | R - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 31 | - | 300 - 400 |
| 1+1 | 4 | - | 650 |
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Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
70/100
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116 Spencer Ave
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