$1,850,000Asking Price
62 Harvard Avenue, Toronto, ON M6R 1C6
Roncesvalles, Toronto
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!
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!
See MoreKey Info
- 2.5-Storey Fourplex
- 2 Parking
- No Garage
- Queen & Roncesvalles
- 2500-3000 Approximate Sq Feet
- No Ensuite Laundry
- Water Gas Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $7,796 in 2024
- Possession: Flex
Details
- Brick Exterior
- No Fireplace
- 4 Kitchens
- MLS #W12170213
- ELEVATE REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 15.16' x 12.24' | Pot Lights, Quartz Counter, Window |
 | 5 4-Piece Bathrooms | |||
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Who lives here?
Roncesvalles, Toronto is a west Toronto neighbourhood notable for its singles, renters, university grads, executives and education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 30 to 54.
Families
Kids Per Family
1.0
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
51%
of residents are
single and loving it.
51% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
57%
of residents
are renters.
57% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
54%
of residents are
university grads.
54% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$117K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 14% |
| Culture | 12% |
| Government | 12% |
| Management | 10% |
| Business | 10% |
Immigrants
30%
of residents were
born outside of Canada.
30% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
2.8% from India
All-time
Birthplace - Recent
0.5% from India
Recent
Foreign Languages
Foreign Languages
| Polish | 3% |
| Portuguese | 3% |
| French | 3% |
| Hungarian | 2% |
| Spanish | 2% |
Religions
Religions
| Christian | 47% |
| Buddhist | 4% |
| Muslim | 2% |
| Jewish | 2% |
| Hindu | 2% |
Social Housing
Social Housing Buildings
3
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
