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