For sale a 100% interest in 332 Chisholm Avenue, Toronto (the “Property”). This Property presents investors with a rare opportunity to acquire a value-add, multi-family character apartment building with strong market positioning and significant income growth potential.
Located on a 0.33-acre site, 332 Chisholm Avenue is a 3-storey walk-up apartment building, originally constructed in the late 1950s. The Property has been well-maintained, with several key restorations completed between 2015 and 2025, including major roof repairs, a heating boiler replacement, and catch basin system upgrades.
The Property benefits from high tenant appeal, driven by its desirable location in the heart of East York. Residents enjoy outstanding access to Taylor Creek Ravine and Stan Wadlow Park. The Property is also within walking distance of Main Street Subway Station and Danforth Avenue, a vibrant retail corridor with a wide array of amenities.
The Property comprises 12 one-bedroom apartments, each featuring a three piece bathroom and kitchen. Currently, the Property is 84% occupied (with two units purposefully held vacant). The superintendent also occupies a unit. In-place rents average approximately $1,091 per month, offering substantial rental upside upon unit turnover.