882 Broadview Ave, Toronto, Ontario

Multi-Family for Sale in Toronto

882 Broadview Ave, Toronto, ON

  • CA$1,999,000
  • 6 BEDS
  • 6 BATHS
  • 4,160 sq.ft. Land
  • CA$1,999,000

Multi-Family for Sale in Toronto

882 Broadview Ave, Toronto, ON

  • CA$1,999,000
  • 6 BEDS
  • 6 BATHS
  • 4,160 sq.ft. Land
  • CA$1,999,000

Key Facts

  • MLS® #: E12893678
  • Property ID: SIRC3187001
  • Property Type: Residential, Multiplex
  • Lot Size: 4,160 sq.ft.
  • Bedrooms: 6
  • Bathrooms: 6
  • Additional Rooms: Den
  • Parking Spaces: 6
  • Listed By:
  • PROPERTY.CA INC.

Property Description

Rare investment and development opportunity in the heart of Playter Estates with this detached, legal purpose-built 6-plex situated on a prime 32130 foot lot. Located just steps from Broadview Station and the endless amenities of the Danforth, this property offers incredible versatility with 6 rear parking spots, two interior stairwells, and all-electric heating and cooling. The building is primed for high-yield cash flow as 5 of the 6 one-bedroom units were fully renovated within the last year, and the property can be delivered vacant on closing to allow for immediate market-rent optimization. Beyond its current state, the site holds massive upside with a proposed redevelopment plan for an 8-storey mid-rise consisting of 27 residential units and one ground-floor retail unit; architectural drawings are available for review, making this an ideal acquisition for those looking to hold a renovated asset or execute a high-density vision in a world-class transit hub.

Listing Agents

PROPERTY.CA INC.

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Location

882 Broadview Ave, Toronto, Ontario, M4K 2R1 Canada

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