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• 648 Broadview Ave, Toronto, ON M4K 2P1

$4,888,888 ^{FOR SALE}

Investment

Lot: 50 x 140 ftTotal Area: 7,000 ft²
2024 Taxes: $17,483.67

648 Broadview Ave
Toronto, ON M4K 2P1 | North Riverdale

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Amazing investment opportunity for a savvy investor to add to their portfolio. Huge upside revenue potential most units are well below current market rent. 11 suites-1 X 2 Bedroom, 2 X 1 Bedroom, 8 X Bachelor. Unbelievable location in Danforth/Bloor area with public transit and highways within 5 minutes of property. Oppourtunity to increase rents as tenants vacate. Area supports high end rentals. Views of CN tower from 3 balconies. Includes rooftop patio, onsite parking, 3 garages & coin-op laundry for additional income. Steps to all necessary amenities such grocery store, shops, restaurants and entertainment.

Extras

Over $500K +++ spent on renovations and upgrades since 2018. 4 units are completely renovated and several units updated. Fully tenanted property with additional income from coin-operated laundry and garage. Intercom system available.

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Listed By	RE/MAX REALTRON REALTY INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	E9250899
Last Updated	Aug 15, 2024

Property Summary

Property Type	Investment More like this: Toronto Investment for Sale
Use	Apartments - 6 to 12 Units
Category	Apartment
Legal Description	Pt Blk A Pl 274E Toronto Pt 1 & 4, 63R1212; S/T Er
Occupancy	Tenant
Possession Date	TBA
Taxes (2024)	$17,483.67
Tax Type	Annual
Directions/Cross Streets	South of Danforth Ave./Broadview Ave.
Neighbourhood	North Riverdale
Area	Toronto

Price History

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Detailed Information

Freestanding	Y
Lot	50 x 140 ft
Total Area	7,000 ft2
Air Conditioning	Part
Basement	Y
Garage Type	In/Out
Parking Spaces	7
Heat Type	Water Radiators
Area Influences	Major Highway, Public Transit
Sprinklers	N
Utilities	Y
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	R (d1.0) (x7)
Seller Property Info Statement	N

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