$1,999,000
Available - For Sale
Listing ID: E12893662
882 Broadview Avenue , Toronto, M4K 2R1, Toronto
| 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: | $10127.39 |
| Tax Type: | Annual |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 2800.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 6 |
| 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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| PROPERTY.CA INC. |
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|
Hossein Vanishoja
Broker, ABR, SRS, P.Eng
Dir:
416-300-8000
Bus:
888-884-0105
Fax:
888-884-0106
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto E03 |
| Neighbourhood: | Playter Estates-Danforth |
| Tax: | $10,127.39 |
| Baths: | 6 |
| Fireplace: | N |
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