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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 $112,116 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!
4x Fridge, 4x Stove, Washer, Dryer, Coin Op Washer & Dryer
City: Toronto
Neighborhood: Roncesvalles
Purchase Price | $1850000 |
Down Payment | $370000 |
Mortgage Insurance | $0 |
Total Mortgage | $1480000 |
Mortgage Payment | $9120 |
Property Taxes | $650 |
Maintenance Fees | $0 |
Monthly Payment | $9770 |
Located at 62 Harvard Ave , this Toronto house is available for sale. This property was listed for $1,850,000 on Fri May 23 2025. This house's size is 2500-3000 Sqft. It has 6 bedrooms and 5 bathrooms. The property includes the following rooms: Living, Kitchen, Br, Br, Br, Living, Br, Living, Kitchen, Br, Living, Br. This property comes with 2 parking spots. 62 Harvard Ave, Toronto is situated in the Roncesvalles neighbourhood.
MLS#: W12170213 · $1,850,000 · 6 bedroom house in Roncesvalles, Toronto