648 Broadview Avenue, Toronto | Image 1

648 Broadview Avenue

Toronto, North Riverdale

  • Commercial

$4,888,888
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R (d1.0) (x7)

  • Age: No Data

  • Taxes: 17483.67

  • MLS®#: E9250899

  • Days on Site: 3 Days

  • Added: Aug 12, 2024 (2 months ago)

  • Updated:

  • Last Checked: 11 hours ago

  • Listed By: RE/MAX REALTRON REALTY INC.

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.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Toronto

  • Community: North Riverdale

  • Availability Date: TBA

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Water Radiators

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: In/Out

  • Covered Parking Spaces: 7

Fees

  • Tax Year: 2024

  • Tax Legal Description: Pt Blk A Pl 274E Toronto Pt 1 & 4, 63R1212; S/T Er

  • Taxes: $17,484

  • Taxes Type: Annual

Land

  • Cross Street: South of Danforth Av

  • Municipality District: Toronto E01

  • Lot Depth: 140 Feet

  • Lot Frontage: 50 Feet

  • Zoning: R (d1.0) (x7)

Commercial Specific

  • Sprinklers: N

  • Total Area: 7000

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Lot

Map of 648 Broadview Avenue, Toronto
7-8

Quest Alternative School Senior

Elementary: Public
0.51 km
JK-8

Holy Name Catholic School

Elementary: Catholic
0.91 km
JK-8

Sprucecourt Junior Public School

Elementary: Public
1.15 km
JK-6

Frankland Community School Junior

Elementary: Public
0.66 km
JK-6

Withrow Avenue Junior Public School

Elementary: Public
0.51 km
JK-6

Jackman Avenue Junior Public School

Elementary: Public
0.83 km
9-12

Msgr Fraser College (St. Martin Campus)

Secondary: Catholic
0.90 km
9-12

Inglenook Community School

Secondary: Public
2.18 km
9-12

SEED Alternative

Secondary: Public
1.38 km
9-12

Eastdale Collegiate Institute

Secondary: Public
1.06 km
9-12

CALC Secondary School

Secondary: Public
0.33 km
9-12

Rosedale Heights School of the Arts

Secondary: Public
0.74 km
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