416-815-2390
4 Newbold Av, Toronto, ON for Sale
Apartments - FOR SALE
1/11
null | Request Cap Rate


HIGHLIGHTS

  • Income producing - Existing 13-unit apartment building offering immediate and stable in-place cash flow.
  • Development application in place for a 10-storey purpose-built rental building with ~70 units, providing strong near-term intensification potential.
  • Several suites recently upgraded; well-maintained common areas and security camera system enhance tenant appeal and operational efficiency.
  • Spacious units with modern renovations including stone countertops, stainless steel appliances, updated cabinetry, and luxury vinyl plank flooring.
  • Situated near Gerrard Street East, Coxwell Avenue, Danforth Avenue, and Bloor-Danforth subway access, offering excellent mobility for residents.
  • Ideal for investors seeking stable short-term income with the ability to unlock long-term redevelopment value.

OVERVIEW

CBRE is pleased to present for sale 4 Newbold Avenue (the “Property”), a well located multi-residential asset in Toronto’s east end. The Property benefits from proximity to transit, retail amenities, and established residential neighbourhoods, offering convenient access for residents. The Property is currently improved with a 13-suite apartment building, providing stable in-place income with future rental upside. In addition, the Property is the subject of a development application to permit a 10-storey purpose-built rental building comprising approximately 70 residential units, offering investors a compelling opportunity to significantly increase density and unlock long-term value. 4 Newbold Avenue represents a rare opportunity to acquire an income-producing asset with near-term development potential in a strong and supply-constrained rental market. Situated in Toronto’s east end, 4 Newbold Avenue is located within a well-established residential neighbourhood offering a balanced mix of urban convenience and community-oriented living. The surrounding area is characterized by tree-lined streets, a diverse housing stock, and a strong tenant base, making it an attractive location for both residents and investors. The Property benefits from close proximity to key commercial corridors, including Danforth Avenue and Gerrard Street East, which feature a wide range of retail, dining, and service amenities. Residents enjoy convenient access to grocery stores, cafés, restaurants, and everyday necessities, contributing to the area’s livability and long-term rental appeal.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

13

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

R

APN/PARCEL ID

190409415003300

ASK ABOUT THIS PROPERTY

416-815-2390

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416-815-2390

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