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$2,498,000
Toronto
890 & 892 Broadview Avenue, Toronto (Playter Estates-Danforth), Ontario, M4K2R1
This multi-family property in Toronto is for sale offering roughly 2,750 sq ft of space.
Secure a significant footprint in one of Toronto's most coveted neighborhoods with this rare, combined 40' x 132' lot at 890 & 892 Broadview Ave. Offering two civic addresses under a single PIN#, this property presents a premier opportunity for developers and investors to capitalize on a high-demand transit corridor. With a substantial 40' frontage, this site provides a versatile canvas for your vision, whether you are looking to maximize rental potential, eyeing a mid-rise development project, or exploring the possibility of a technical severance. The location is unbeatable, situated just steps from the Broadview/Danforth subway station, Greek Town, and vibrant local amenities. Furthermore, the property sits within the prestigious catchment for Wilkinson Jr. PS and Riverdale Collegiate Institute, making it highly desirable for families and professionals alike. Whether you choose to hold as-is or pursue rezoning to create a landmark project, this site is perfectly positioned to maximize density in a rapidly evolving, high-value district. All prospective buyers are encouraged to conduct their own due diligence to verify zoning, development rights, and municipal requirements. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 76 days on market, against an average age of 30 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 7-bed multi-family in Toronto (Playter Estates-Danforth) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,498,000, about 29.7× the local median household income of $84,000.
Carrying it typically needs a household income of about $487,947 (20% down, 25-yr amortization, stress-tested) — roughly 481% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4K)
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Loading rates, 30-yr amortization
Cash Needed to Close
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