648 Broadview AVE Pending

Toronto E01,ON M4K 2P1

$ 4788888

- Bed

- Bath

7000 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

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 Sub-Type Investment

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 **EXTRAS** 11 fridges, 11 stoves. Property is listed on City of Toronto Heritage Register.

Location

Province 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

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