1311 Pape Avenue

Danforth Village-East York, Toronto, M4K 3W9

$4,158,888

Reduced $530,000 from $4,688,888

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Listed 146 days ago · MLS® E13181652

About this home

Prime Riverdale / Danforth Investment Opportunity. Rare Fully Rebuilt Down-To-The-Studs 10-Unit Victorian Apartment Building In One Of Toronto's Most Desirable East-End Rental Corridors. Featuring 10 Fully Vacant Self-Contained Suites Comprised Of 8 Spacious One-Bedroom Units And 2 Large Two-Bedroom Units, Offering Investors Complete Flexibility With Tenant Selection And Rental Positioning From Day One.Extensively Renovated With New Plumbing, New Electrical Throughout, New Furnace & Updated Mechanical Systems, Energy-Efficient Windows & Doors, Modern Fire-Rated Construction, Smart Main Building Entry System, Security Cameras Throughout, Contemporary Kitchens & Bathrooms, Frameless Glass Showers, Premium Flooring, Pot Lights And High-End Finishes Throughout. All 10 Suites Are Equipped With Refrigerators, Gas Stoves And Microwaves, Providing A Fully Functional Turnkey Residential Setup, While Preserving The Original Brick Exterior And Historic Character.Large Lot Featuring 12 Surface Parking Spaces, Attractive Outdoor Space With Potential Tenant Lounge / Garden Area, Separately Metered Hydro And Strong Long-Term Rental Appeal In A High-Demand Location.Walking Distance To TTC, Danforth Shops, Restaurants, Parks & Everyday Amenities. Future Transit And Infrastructure Improvements In The Area May Further Enhance Long-Term Accessibility And Tenant Demand.A Rare Turnkey Multi-Residential Asset Offering Modern Infrastructure, Minimal Deferred Capital Expenditure Expectations And Strong Investment Fundamentals In One Of Toronto's Most Established Rental Markets.

Details

Type
Investment
Lot
107 × 111.56 ft
Garage
None
Property tax
$20,665 (2025)
Neighbourhood
Danforth Village-East York
Municipality
Toronto E03

Heating, cooling and services

Heating
Water Radiators
Utilities
Yes

Building and exterior

Building area
0 Square Feet

More

Possession
Immediate
Cross street
Pape & O'connor
Business type
Apts - 6 To 12 Units

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Pape Subway1.7 km
  • 🚇 Chester Subway1.9 km
  • 🚆 Danforth GO4.2 km

Within a 10-minute walk: 3 grocery stores, 15 cafés and restaurants, 10 parks, 2 pharmacies. Nearest grocery: Food Basics (450 m). Nearest park: Arthur Dyson Parkette (200 m).

Schools nearby

Elementary

  • William Burgess Elementary School
    EQAO: Gr 3 reading 60%, math 52%
    6 min walk
  • Chester Elementary School
    EQAO: Gr 3 reading 81%, math 50%
    13 min walk
  • Holy Cross Catholic School Catholic
    EQAO: Gr 6 reading 86%, math 46%
    15 min walk
  • Thorncliffe Park Public School
    EQAO: Gr 3 reading 37%, math 25%
    1.2 km

Secondary

  • Westwood Middle School14 min walk
  • Cosburn Middle School1.6 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M4K

Owners / renters
45% / 55%
Median household income
$84,000
Average age
43
Children under 15
14%
Homes
16% detached, 35% high-rise
Commute by transit
31%
Population
30,913

Languages spoken most at home besides English: Greek 3%, Yue (Cantonese) 1.8%, Spanish 1%, Serbian 0.9%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Old East York (2025): about the Toronto average, down 6% from the year before.

  • Assaultabout average
  • Break and enter48% below average
  • Auto theftabout average
  • Robbery24% below average
  • Theft from vehicles27% above average
  • Shootings22% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby

No planning applications within 500 m in the last five years.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 6 km. Transit times · Driving times

Coming transit

  • 🚧 Cosburn 600 m
  • 🚧 Thorncliffe Park 1.2 km
  • 🚧 Pape TTC1.7 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 1 source nearby

  • 🛣️ Don Valley Parkway300 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built RD

Residential Detached.

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Heritage Listed

This address is on Toronto’s Heritage Register: Listed. The City must get 60 days’ notice before demolition, and it can move to designate the property.

Heritage Register entry

Building permits

  • Fire Damage · 2025 · Closed
    REV - Structural fire damage restoration: Removal and replacement of fire damage elements on thebasement floor, level 1, level 2 and…
  • Fire Alarm · 2018 · Closed
    Proposal to replace fire alarm panel in existing apartment building.
  • Multiple Projects · 2017 · Closed
    Applicant propose to install a new fire door separation on the 3rd floor, 2 new window well existing in basement and 3 pull stations.

4 permits on this block of the street in the last 2 years, including 1 new home.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

37 City street trees within 100 m, mostly maples. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by BAY STREET GROUP INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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