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$ 4,788,888
Est. payment /mo
Active
648 Broadview AVE Toronto E01, ON M4K 2P1
7,000 SqFt
UPDATED:
01/17/2025 04:39 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $684
Subdivision North Riverdale
MLS Listing ID E11927214
Annual Tax Amount $17,483
Tax Year 2024
Property Description
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.Brokerage Remarks
Location
State ON
County Toronto
Community North Riverdale
Area Toronto
Zoning R (d1.0) (x7)
Interior
Cooling Partial
Inclusions 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.
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 50.0
Lot Depth 140.0
Others
Security Features No
Listed by RE/MAX REALTRON REALTY INC.