FOR SALE: 253 Broadview Avenue

COMMERCIAL STOREFRONT WITH TWO APARTMENTS NEAR THE UPCOMING EAST HARBOUR TRANSIT HUB

FOR SALE: $1,999,900

MLS#: E9230257

For Sale: SO MUCH POTENTIAL! Live/work building for sale in a prime location! This property features a spacious commercial storefront with fully renovated basement suite, kitchen, 1.5 bathrooms, ideal for various businesses.Above, you will find two 2 bedroom residential apartments, perfect for owner occupancy with rental income. Key highlights include three parking spots in the back, rear extension with balcony, proximity to the upcoming East Harbour transit hub, King TTC streetcar at your doorstep, and easy access to theDVP from Dundas Street East. Situated in a lively area with a mix of residential and commercial establishments, this property offers both convenience and potential. Don't miss out on this rare chance to own a versatile property in a sought-after location! ***** Broadview Avenue qualifies as a major street, new EHON plan from the City of Toronto allows 6 storeys and up to 60 units as of right for zoning. Did we say, SO MUCH POTENTIAL yet? *****

Current 5.30% cap rate, potential for 6.95% cap rate at market rents with minimal capital expenditures.

BUILDING FINANCIALS AVAILABLE UPON REQUEST.

Call us directly at (647) 955-8388 or fill out the form below to learn more.