$1,999,000
882 Broadview Ave
Toronto E03, ON M4K 2R1
882 Broadview Ave, Toronto E03 — Listed at $1,999,000, 6 bathroom Investment. MLS® E12893662.
Description
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.
Property Details
Business Details
Industrial Specifications
Listing Courtesy of: PROPERTY.CA INC.
MLS® #E12893662
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HouseIndex Take: 882 Broadview Avenue
This investment is located in the Playter Estates-Danforth neighbourhood of Toronto.
The home offers 6 bathrooms.
Additional details: lot dimensions of 32 × 130 feet.
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About Toronto Real Estate
This Investment is located in the Playter Estates-Danforth community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.