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