340 Pacific Avenue, Toronto, ON
Junction Area, Toronto · MLS® W12834182
About this home
Prime Junction Investment - Three Self-Contained Units + Detached 2-Car Garage. An exceptional opportunity in Toronto's high-demand Junction Area-a fully detached 2-storey property configured with three separate units, offering immediate income potential and strong long-term appreciation in one of the city's most rentable neighbourhoods. With over 2,000 sq. ft. plus additional unfinished basement with 6ft ceilings for storage potential, this property is set up for performance. Each level features its own kitchen and bathroom, creating clear separation and flexibility for multi-tenant use or live-and-rent scenarios. A detached 2-car garage plus mutual drive parking provides a total of four parking spaces-an increasingly rare asset in this pocket of Toronto and a major advantage for tenant retention and rental value. Location is the key - Situated near Annette and Keele in the heart of the Junction, you are steps to transit, parks, schools, libraries, recreation centres, and everyday amenities. The area's walkability, strong tenant demand, and proximity to Bloor West, High Park, and downtown transit routes make this a consistently high-rentability corridor. For investors, this is about stability and upside: a detached structure, multiple income streams, parking revenue potential, and a location that continues to outperform. Whether you're expanding your portfolio or securing a strategic asset in a blue-chip west-end neighbourhood, this is a rare chance to acquire a turn-key multi-unit property in one of Toronto's most dependable rental markets.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- W12834182
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 2000-2500
- Lot
- 24.67 × 119.67 ft
- Cross streets
- Annette And Keele
- Parking
- 2 garage · 4 parking (detached)
- Driveway
- Mutual
- Basement
- Full, Unfinished
- Heating
- Radiant
- A/C
- Other
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete, Brick
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $8,039 / 2025
- Days on market
- 137
- Listing brokerage
- Signature Elite Realty Ltd.
Rooms
enclosed · walk-out · separate room
window · w/o to sunroom
open concept · window · combined w/kitchen
enclosed · separate room
Open Concept
window · separate room
window · w/o to sunroom
open concept · combined w/dining · window
window · stainless steel appl
open concept · window · stainless steel appl
Listing history
- Mar 19, 2026Listed$1,774,000
- Jan 22, 2026Listed$550
Price and status history from the listing board. Deemed reliable but not guaranteed.
This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.
Ask Moe if this price is fairOn schools, this address is zoned for Humberside Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. Annette St at Pacific Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Value driver
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 21% below the area average of $999/sqft.
136 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Junction Area, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Annette St at Pacific Ave, about 44 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,419,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,573
- Property tax
- $670
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,243
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $31,955
- Toronto municipal land transfer tax
- $31,955
- Estimated closing costs
- $63,910
Plus your down payment of $354,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $454,403
- Principal paid down
- $180,735
- Interest paid
- $273,667
- Balance remaining
- $1,238,465
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Signature Elite Realty Ltd.. MLS®/PropTx.