Log In/Sign Up
Your email has been sent.
The Bloordale 4340 Bloor St W 86 Unit Apartment Building For Sale Toronto, ON M9C 2A6
EXECUTIVE SUMMARY
Colliers is pleased to offer for sale 4340 Bloor Street West, Toronto (the “Property”), a prime income-producing asset with significant development potential. The Property features an established 15-storey apartment building with 86 units, currently operating at a 96.5% occupancy rate and improved with over $4.6 million dollars of upgrades since 2018. With average rents below market levels, there is also immediate opportunity for rent growth.
In addition to the income-generating apartment building, the 2.49-acre Property is OLT approved for a residential development on the Property’s excess lands. The plan provides for 297 units across a 13-storey and 4-storey building with a total of 245,116 SF of Gross Floor Area (“GFA”), offering substantial upside through future densification and residential demand in the area.
4340 Bloor Street West offers an appealing combination of immediate rental income and development upside, making it an attractive opportunity for investors seeking both stability and growth.
In addition to the income-generating apartment building, the 2.49-acre Property is OLT approved for a residential development on the Property’s excess lands. The plan provides for 297 units across a 13-storey and 4-storey building with a total of 245,116 SF of Gross Floor Area (“GFA”), offering substantial upside through future densification and residential demand in the area.
4340 Bloor Street West offers an appealing combination of immediate rental income and development upside, making it an attractive opportunity for investors seeking both stability and growth.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 2.49 AC |
| No. Units | 86 | Building Size | 117,270 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 15 |
| Apartment Style | Hi-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 0.38/1,000 SF |
| Zoning | RA (f24.0) (x67) | ||
| Sale Type | Investment |
| No. Units | 86 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | C |
| Lot Size | 2.49 AC |
| Building Size | 117,270 SF |
| Average Occupancy | 97% |
| No. Stories | 15 |
| Year Built | 1964 |
| Parking Ratio | 0.38/1,000 SF |
| Zoning | RA (f24.0) (x67) |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
- Security System
- Package Service
- Pet Play Area
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | 460 |
| 1+1 | 27 | - | 650 |
| 2+1 | 29 | - | 920 |
| 3+2 | 20 | - | - |
1 1
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
The Bloordale | 4340 Bloor St W
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.