648 Broadview Avenue For Sale

Toronto, North Riverdale, M4K 2P1

$4,888,888

Description

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.

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.

Location

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  • Address: 648 Broadview Avenue
  • Neighborhood: North Riverdale
  • City: Toronto
  • State: Ontario
  • Postal Code: M4K 2P1

Property Details

  • Property ID: E9250899
  • Property Price: $4,888,888
  • Style: Investment, Apartment
  • Garage: In/Out
  • Parking Spaces: 7
  • A/C: Part
  • Basement: Y
  • Heating: Water Radiators
  • Taxes: $17,483.67 (2024)
  • Lot: 140.00x50.00 (Feet)

Property History

This property has been sold 2 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100