$1,599,000Asking Price
Overlooking Trinity Bellwoods Park, this beautifully maintained & updated century home presents a rare opportunity to own a 4 unit income property in one of Toronto's most sought-after neighbourhoods. Set on a wide 24.5ft lot in the heart of Queen West, 79 Gore Vale features 4 self-contained suites, incl. 3 spacious 2-bedroom apartments & a fully renovated, underpinned 1-bdrm lower-level suite w/ high ceilings, private entrance, French doors, & stunning kitchen centred around a large island. The main, second, and basement suites will be vacant on possession, creating exceptional flexibility for investors & end-users alike. Live in 1 unit while generating substantial income from the others, create a multi-generational living arrangement, co-own with family or friends, or fully lease the property & capitalize on strong demand in one of Toronto's most desirable rental markets. Each suite offers its own unique character & outdoor connection. The 2nd fl apt features a front balcony w/ postcard-worthy views across Trinity-Bellwoods Park, while the main fl enjoys a charming front porch & access to the backyard. The 3rd fl suite offers a bright and cozy 2-bdrm layout, & the lower-level suite rivals many above-grade apartments in quality & finish. With long-term tenants occupying the third-floor unit paying good rent & the remaining suites available for immediate occupancy, the property offers a rare blend of stability & opportunity. Estimated gross rental income exceeds $10,000/mo when fully leased. Step outside your door and enjoy everything that makes Trinity-Bellwoods & Queen West one of Toronto's most coveted destinations: celebrated restaurants, independent cafés, boutique shopping, farmers' markets, community recreation facilities, & the city's most iconic urban park. Offered for the first time in over 20 years, 79 Gore Vale is more than an income property-it's a long-term hold in a neighbourhood where people aspire to live, invest, & put down roots.
Overlooking Trinity Bellwoods Park, this beautifully maintained & updated century home presents a rare opportunity to own a 4 unit income property in one of Toronto's most sought-after neighbourhoods. Set on a wide 24.5ft lot in the heart of Queen West, 79 Gore Vale features 4 self-contained suites, incl. 3 spacious 2-bedroom apartments & a fully renovated, underpinned 1-bdrm lower-level suite w/ high ceilings, private entrance, French doors, & stunning kitchen centred around a large island. The main, second, and basement suites will be vacant on possession, creating exceptional flexibility for investors & end-users alike. Live in 1 unit while generating substantial income from the others, create a multi-generational living arrangement, co-own with family or friends, or fully lease the property & capitalize on strong demand in one of Toronto's most desirable rental markets. Each suite offers its own unique character & outdoor connection. The 2nd fl apt features a front balcony w/ postcard-worthy views across Trinity-Bellwoods Park, while the main fl enjoys a charming front porch & access to the backyard. The 3rd fl suite offers a bright and cozy 2-bdrm layout, & the lower-level suite rivals many above-grade apartments in quality & finish. With long-term tenants occupying the third-floor unit paying good rent & the remaining suites available for immediate occupancy, the property offers a rare blend of stability & opportunity. Estimated gross rental income exceeds $10,000/mo when fully leased. Step outside your door and enjoy everything that makes Trinity-Bellwoods & Queen West one of Toronto's most coveted destinations: celebrated restaurants, independent cafés, boutique shopping, farmers' markets, community recreation facilities, & the city's most iconic urban park. Offered for the first time in over 20 years, 79 Gore Vale is more than an income property-it's a long-term hold in a neighbourhood where people aspire to live, invest, & put down roots.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 4-Piece Bathroom | ||||
| 1 4-Piece Bathroom | ||||
| 1 3-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom on Lower | ||||
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Trinity Bellwoods, Toronto is a central Toronto neighbourhood notable for its singles, university grads, executives, arts & culture professionals and salespeople. It has a higher than average population of immigrants from Portugal and China, and Cantonese, Portuguese and Mandarin speakers. Residents tend to be younger with a significant number of adults aged 25 to 44.
Kids Per Family
1.0
kids per family
in the neighbourhood.
53%
of residents are
single and loving it.
53% singles
Toronto (50%)
43%
of residents
are renters.
43% renters
Toronto (47%)
49%
of residents are
university grads.
49% university grads
Toronto (48%)Average Household Income
$136K
is the average household
income in the neighbourhood.
Professions
| Sales | 16% |
| Business | 11% |
| Culture | 11% |
| Management | 9% |
| Government | 8% |
39%
of residents were
born outside of Canada.
39% immigrants
Toronto (48%)16.0% from China
All-time
1.8% from China
Recent
Foreign Languages
| Portuguese | 12% |
| Cantonese | 10% |
| Mandarin | 8% |
| French | 2% |
| Spanish | 1% |
Religions
| Christian | 46% |
| Buddhist | 6% |
| Jewish | 2% |
| Sikh | 1% |
| Muslim | 1% |
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
2
Homeless shelters in
the neighbourhood.