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$1,999,000
Available - For Sale
Listing ID: E12893662
Rare investment and development opportunity in the heart of Playter Estates with this detached, legal purpose-built 6-plex situated on a prime 32x130 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.
Price $1,999,000
Taxes: $10,127.39
Tax Type: Annual
Occupancy by: Partial
Address: 882 Broadview Avenue , Toronto, M4K 2R1, Toronto
Postal Code: M4K 2R1
Province/State: Toronto
Legal Description: Pt Lot 52, Pt Lot 53, Plan 257Y
Directions/Cross Streets: Broadview/Danforth
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 2,800
Total Area Code:  Square Feet
Area Influences: Public Transit   Recreation/Comm
Financial Statement: F
Chattels: T
Franchise: F
Maintenance: 0
Sprinklers: No
Outside Storage: F
Crane: F
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Baseboard
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
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PROPERTY.CA INC.

882 Broadview Avenue , Toronto, M4K 2R1, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto E03
Neighbourhood: Playter Estates-Danforth
Style:
Lot Size: x 130.00(Feet)
Approximate Age:
Tax: $10,127.39
Maintenance Fee: $0
Beds: 0
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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