4 Newbold Av 13 Unit Apartment Building For Sale Toronto, ON M4L 2G7

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.