176/178 BALSAM AVENUE

Toronto (The Beaches)

,

Ontario

Multiplex on Massive Beach Ravine Lot! Endless Potential and Prime Location! Welcome to 176/178 Balsam Avenue, a once-in-a-generation opportunity in the heart of The Beach! Sitting on an expansive 60 x 194-foot ravine lot, this fully rented multiplex (4 x 2-bedroom units, 2 bachelor units) offers immediate income plus significant future upside. With Toronto's new "as-of-right" zoning you have the potential to add up to 4 more units (sever the properties and create 2x 4+1 units per lot) without lengthy approvals to maximize ROI! Backed by the lush Glen Stewart Ravine, surrounded by multi-million dollar homes, and in prime Beach, this west-facing property offers the best of Beach living, steps to Queen Street retail, the Boardwalk, top schools (Balmy Beach PS, Glen Ames Sr PS, Malvern CI) and easy transit access. Hold, expand, or completely reimagine with "as-of-right" zoning, the future is firmly in your hands. Rarely does a property of this size, location, and potential come to market! (id:6355)

Listing ID: E12132872 Transaction Type: For sale Bedrooms: 10 Bathrooms: 5 Kitchens: Constructed Date: Maintenance Fee: / Maintenance Type: Land Size Total Text: 60 x 194 FT Land Size Irregular: 60 x 194 FT Building Size Interior: 3000 - 3500 sqf Building Utility Water: Municipal water Building Heating Type: Radiant heat Building Cooling Type: Building Fixture: Land Sewer: Sanitary sewer Storage Type: Courtesy Of: REAL ESTATE HOMEWARD

Your Name:
Email:	Phone:
Send me an occasional newsletter about properties in my area
No obligation. We value your privacy, and never share your information with anyone.

Community: The Beaches

Powered by GAVAMEDIA®