Claim a dependable passive income stream with this rare opportunity to acquire perfectly positioned fourplex in the vibrant High Park-Swansea area near Roncesvalles Village at 164 Sunnyside Avenue. The sale offers an attractive cap rate as well as substantial upside potential, presenting a prime opportunity in one of Toronto’s most sought-after neighbourhoods. Originally built in 1910 and extensively renovated in 2021, 164 Sunnyside Avenue presents a well-maintained, turnkey acquisition for investors seeking a profitable rental opportunity. The building spans a total of 3,295 square feet across three floors, with a total rentable area of 2,712 square feet, comprising a one-bedroom unit, two (2) two-bedroom units, and a studio apartment. There is also significant potential to introduce an owner’s suite. All the apartments boast spacious layouts with combined living and dining areas, large bedrooms, and premium finishes, with wood flooring, exposed brick accents, stainless steel appliances, and large windows for rich natural lighting. The units all are equipped with in-unit laundry, with two units offering private entrances and three of the apartments featuring outdoor patios or terraces. The property also includes three parking spaces, including a legal front pad, a garage space, and a driveway, providing convenient accessibility for tenants. Its prime location places 164 Sunnyside Avenue within walking distance of Rocesvalles’ many shops and cafes, just a five-minute walk to High Park and 15 minutes to the lake and waterfront trails. The property is easily accessible, sitting just 2 kilometres from Frederick G Gardiner Expressway, and within walking distance of public transit options, including streetcars, Dundas West Subway, UP Express, and Go Train lines. Downtown Toronto is also just 9.3 kilometres away, providing tenants with seamless access to world-class shopping, dining, recreation, and nightlife experiences. Situated within the Toronto West Multifamily Submarket, a new owner will be able to leverage strong rental industry trends to maximize the value of this strategic acquisition. Vacancies in the area sit at 4.3%, reflecting the elevated demand for quality rental units in the neighborhood. Placed within the Parkdale-High Park federal electoral district, the region is supported by a population of more than 105,000 residents with an average household income that exceeds $72,800. These locals form a dependable tenant base that supports continued revenue growth for the new owner of 164 Sunnyside Avenue. Don’t miss out on this rare opportunity; Contact Adam Wilson today to schedule a tour and receive access to detailed financials in the Data Room.