882, Broadview, Playter Estates-Danforth, Toronto, Commercial

MLS® Number E12893662
For Sale   $ 1,999,000
  • 6 baths | 
  • 2800 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Investment For Sale.

Rare investment and development opportunity in the heart of Playter Estates with this detached, legal purpose-built 6-plex situated on a prime 32130 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.

Community Features: Public Transit, Recreation/Community Centre

Cross Street: Broadview/Danforth

Key Facts

  • Days on: 1 days
  • Mls Status: New
  • Board Property Type: Com
  • Bathrooms Total Integer: 6
  • Lot Type: Lot
  • Lot Width: 32.00
  • Parking Spaces: 6
  • Garage Type: None
  • Heat Type: Baseboard
  • Cooling: Partial
  • Building Area Total: 2800 Square Feet

Location 882, Broadview, Playter Estates-Danforth, Toronto

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Kate Naccarato
Sales Representative 416-779-6085