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.
Address
882 Broadview Avenue
List Price
$1,999,000
MLS® Status
New
Expiration Date
2026-07-16
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
3-Storey
Transaction Type
Sale
Area
Toronto E03
Sub-Area
Playter Estates-Danforth
Region
Toronto
Bedrooms
6
Bedrooms (Total)
6
Rooms Above Grade
18
Bathrooms
6
Floor Area
2500-3000 Sq. Ft.
Lot Depth
130
Lot Size Units
Feet
Lot Width
32
Parcel of Tied Land
No
Occupant Type
Partial
Cross Street
Broadview/Danforth
MLS® Number
E12893678
Listing Brokerage
PROPERTY.CA INC.
Basement Area
Apartment
Postal Code
M4K 2R1
Posession Details
Flexible
Parking
Mutual
Parking Places (Total)
6
Parking Spaces
6
Tax Amount
$10,127.39
Tax Year
2025
Interior Features
None
Central Vacuum
No
Family Room
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Source
Electric
Heat Type
Baseboard
Cooling
No
Cooling Features
Window Unit(s)
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Brick
Garage
No
Garage Type
None
Kitchens Total
6
Kitchens Above Grade
6
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
Pt Lot 52, Pt Lot 53, Plan 257Y
Waterfront
No
Sewer
Sewer