This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

965 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

46 Montye Ave

13 Unit Apartment Building $4,429,499 USD ($340,731 USD/Unit) 4.03% Cap Rate Toronto, ON M6S 2E2

Apartment Buildings Ontario Toronto 46 Montye Ave, Toronto, ON M6S 2E2

Investment Highlights

  • Ample parking
  • Retail amenities nearby
  • Heavy commercialized area
  • Access to public transit and highway
  • High exposure location

Executive Summary

46 Montye Avenue is a 13-unit, turnkey investment opportunity with attractive assumable CMHC financing. 9 of the 13 units have been fully renovated with condo quality finishes. The property NOI is approximately $258,000, and the 1st position assumable CMHC loan is $4,250,123 at 4.10% interest with a 50 year amortization, maturing in December, 2034. This opportunity offers predictable and steady cash flows, with further additional rental upside yet to be achieved through the 4 units that haven't been turned over. The building is immaculately maintained with little to no near term capital expenditure to worry about.

Property Facts

Price $4,429,499 USD Apartment Style Low Rise
Price Per Unit $340,731 USD Building Class C
Sale Type Investment Lot Size 0.14 AC
Cap Rate 4.03% Building Size 9,393 SF
No. Units 13 No. Stories 3
Property Type Multifamily Year Built 1953
Property Subtype Apartment Parking Ratio 0.53/1,000 SF
Price $4,429,499 USD
Price Per Unit $340,731 USD
Sale Type Investment
Cap Rate 4.03%
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Building Size 9,393 SF
No. Stories 3
Year Built 1953
Parking Ratio 0.53/1,000 SF
1 of 1
Walk Score ®
Very Walkable (89)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code RM
RM
(647) 272-3814

Contact

  • Listing ID: 33362109

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 46 Montye Ave, Toronto, ON M6S 2E2

The Lambton Baby Point Multifamily Property at 46 Montye Ave, Toronto, ON M6S 2E2 is currently available. Contact Cushman & Wakefield for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/3
46 Montye Ave, Toronto, ON for sale Primary Photo- Image 1 of 3
Primary Photo
46 Montye Ave, Toronto, ON for sale Building Photo- Image 2 of 3
Building Photo

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

46 Montye Ave
(647) 272-3814 x

46 Montye Ave

Geoff Roberts

(647) 272-3814

(647) 272-3814

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link