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Home ON Greater Toronto Area Toronto Old Toronto Roncesvalles
21 MACDONELL AVENUE
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21 MACDONELL AVENUE $2,649,000
$2,649,000
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21 MACDONELL AVENUE
Toronto (Roncesvalles), Ontario M6R2A3

MLS® Number: W12022549
6 + 2
Bedrooms
4
Bathrooms
3500 - 5000
Square Feet

Listing Description

Prime 4-Unit Income Property, a rare opportunity in the heart of Roncesvalles, this stunning red double-brick classic home offers exceptional rental income for investors or savvy homeowners, with 4 incredible fully equipped, spacious 2-bedroom apartments. Each self-contained unit boasts modern upgraded kitchens with dishwashers, private entrances, and ensuite laundry for ultimate convenience. Thoughtfully designed with spacious layouts, the main floor features soaring ceilings and timeless character. The second floor offers a functional layout, a private balcony, and an oversized sunlit west-facing living room. The third floor is warm and inviting, with an open-concept kitchen and abundant natural light. The basement unit impresses as a true 2 bedroom apartment with large above-grade windows and a walkout to the backyard. Serviced by a high-efficiency boiler (2018) and a 400-amp electrical system, each unit has its own 60-amp service, with additional capacity for future expansion. Amazing, spacious backyard and oversized 3-car garage, featuring three skylights and updated garage doors (2018), presents a fantastic opportunity for a laneway suite, with two parking spaces currently rented and one vacant. The units generate substantial rental income with less than average property expenses. Nestled between Roncesvalles and Queen West, this property is steps from vibrant cafes, restaurants, High Park, waterfront trails and major TTC routes, with easy access to Lakeshore Blvd and the Gardiner for seamless commuting. A walker's paradise with unbeatable rental demand, this is a turnkey investment opportunity perfect for generating passive income or accommodating multigenerational living, a very special opportunity in one of the best neighbourhoods in Toronto. (40054633)

Location Description

Roncesvalles & Queen

Property Summary

Property Type
Single Family
Building Type
House
Storeys
3
Square Footage
3500 - 5000 sqft
Community Name
Roncesvalles
Title
Freehold
Land Size
29 x 139 FT
Age Of Building
100+ years
Annual Property Taxes
$9,706.47
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
8 days

Building

Bedrooms
Above Grade
6
Below Grade
2
Bathrooms
Total
4
Interior Features
Appliances Included
Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
Flooring
Hardwood, Tile, Vinyl, Cork
Basement Features
Apartment in basement, Separate entrance
Basement Type
N/A
Building Features
Foundation Type
Stone
Style
Detached
Heating & Cooling
Heating Type
Radiant heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Schools, Public Transit, Park
Parking
Parking Type
Detached Garage, Garage
Total Parking Spaces
3

Measurements

Square Footage
3500 - 5000 sqft

Rooms

MetricImperial
Main level
Kitchen
Living room
Primary Bedroom
Bathroom
Foyer
Second level
Bedroom
Bathroom
Foyer
Kitchen
Dining room
Living room
Primary Bedroom
Third level
Kitchen
Living room
Primary Bedroom
Bedroom 2
Bathroom
Foyer
Basement
Kitchen
Living room
Dining room
Primary Bedroom
Bedroom 2
Bathroom
Mud room
Ground level
Bedroom 2

Land

Lot Features
Frontage
29 ft
Land Depth
139 ft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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