For Sale

62 Harvard Avenue, Toronto W01, Ontario M6R 1C6

$1,850,000

62 Harvard Avenue, Toronto W01, Ontario M6R 1C6 is For Sale and has a listing price of 1,850,000. The property is located in the Roncesvalles neighbourhood . It's been on the website for 32 Days.

  • Fourplex
    Property Type
  • 7
    Bedrooms
  • 5
    Bathrooms
  • Parking
  • MLS ID: W12170213
  • Office Name ELEVATE REALTY INC.
Property Description

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!

Property Details
  • Bedrooms: 7
  • MLS ID: W12170213
  • Bathrooms: 5
  • Price: $1,850,000
  • Lot Depth: 132
  • Transaction Types: For Sale
  • Ref ID: W12170213
  • Year Built: N/A
  • Approx Sqft: 2500-3000
  • Dir / Cross St: Queen & Roncesvalles
  • Status: Active
  • Tax Year: 2024
  • Property Type: Fourplex
  • Property Type: All Houses
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
05/23/2025 W12170213 $1,850,000 For Sale - -
05/23/2025 W12170218 $1,850,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Roncesvalles
  • $1,558,655 Average List Price
    based on 1 year
  • 24 New Listings
    based on 30 days
  • 28 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.18 % Below
  • Sold (12mo) 91
  • Rented (12mo) 166

  • 1 Month Change -40.5%
  • 3 Month Change -31.3%
  • 6 Month Change -34.5%
Walkscore
  • 88 Walk Score
    Very Walkable
  • 79 Transit Score
    Excellent Transit
  • 85 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Water
  • Heat Source Gas
  • Style 2 1/2 Storey
  • Washroom Type1: 5
  • Garage Type Y
  • Parking Spaces: 2
  • Exterior Brick
  • Kitchen 4
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Taxes: $7,797
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flex
  • Listing Entry Date: 23/05/2025 19:55:23
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