340 Pacific Avenue

About This Property

Prime Junction Multi-Unit Investment Opportunity. An exceptional income-generating property in Toronto's high-demand Junction neighbourhood, offering three self-contained, fully tenanted, residential units in a fully detached two-storey building. Positioned in one of the west end's most consistently rentable corridors, this asset provides immediate rental income with strong long-term appreciation potential. Excellent existing tenants who share pride in caring for the property. The property offers over 2,000 sq. ft. above grade, plus an unfinished basement with approximately 6-ft ceilings-ideal for storage or future functional space. Each unit is configured with its own kitchen and bathroom, allowing for clear tenant separation and flexible leasing strategies, including multi-tenant rental or owner-occupied/live-and-rent scenarios. A detached two-car garage plus mutual drive parking provides a total of four parking spaces, a rare feature in this pocket of Toronto and a major advantage for both tenant demand and potential additional rental income. Strategically located near Annette Street and Keele Street, the property sits in the heart of the Junction-one of Toronto's most desirable west-end communities. The area benefits from strong walkability, excellent transit access, proximity to High Park and Bloor West Village, and a vibrant mix of restaurants, cafés, and retail. Nearby parks, schools, recreation centres, and libraries further strengthen its appeal for long-term tenants. For investors, this property offers stable multi-unit income, parking revenue potential, and location-driven appreciation in a neighbourhood that continues to outperform. Opportunities to acquire detached multi-unit assets with parking in the Junction are increasingly rare, making this a compelling addition to any investment portfolio. Main floor and top floor currently vacant.