416-815-2390
1059 Don Mills Rd, Toronto, ON for Sale
Apartments - FOR SALE
1/15
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1059 Don Mills Rd
Toronto, ON M3C 1X1
Banbury-Don Mills/York Mills


HIGHLIGHTS

  • Premier Don Mills location directly opposite CF Shops at Don Mills.
  • Institutional-quality multifamily asset featuring 70 spacious rental suites with a highly desirable unit mix.
  • Exceptional suite composition with 70% two-bedroom units and large private balconies, offering enduring tenant appeal.
  • Stable cash flow with meaningful value-add potential through suite turnover, rental repositioning, and ongoing asset management initiatives.
  • Strategically positioned within a rapidly intensifying urban corridor benefiting from substantial public and private investment.
  • Excellent connectivity to the GTA, with convenient access to Don Valley Parkway, Highway 401, TTC transit routes and major employment nodes.

OVERVIEW

1059 Don Mills Road presents a rare opportunity to acquire a well-maintained, institutional-quality multifamily asset in the heart of Toronto’s highly desirable Don Mills neighbourhood. The six-storey purpose-built apartment building contains 70 residential suites totaling approximately 67,098 SF, with an exceptional suite mix comprised of 70% two-bedroom units, large private balconies, and strong tenant appeal. Originally constructed circa 1960, the property benefits from extensive capital improvements including elevator modernization, roof replacement, balcony restoration, building systems upgrades, and suite renovations. Residents enjoy a premier location directly across from CF Shops at Don Mills, one of Toronto’s leading mixed-use lifestyle destinations, while investors benefit from stable in-place cash flow, significant rental upside through suite turnover and repositioning, and long-term appreciation potential driven by ongoing area intensification, transit investment, and population growth. Additional features include 35 private garages, dedicated storage lockers, and separately metered hydro.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

70

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tomanaco Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1958

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,856 SF

ZONING

RA

APN/PARCEL ID

190810134000400

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416-815-2390

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416-815-2390

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