ON > Toronto E02 > The Beaches
Toronto E02, ON M4E 3C1,176/178 Balsam AVE
See all 23 photos
Toronto E02, ON M4E 3C1,176/178 Balsam AVE
Toronto E02, ON M4E 3C1,176/178 Balsam AVE
Toronto E02, ON M4E 3C1,176/178 Balsam AVE
Toronto E02, ON M4E 3C1,176/178 Balsam AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
3
Aug
Mon
4
Aug
Tue
5
Aug
Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 3,349,000
Est. payment /mo
Save
Active

176/178 Balsam AVE Toronto E02, ON M4E 3C1

10 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision The Beaches

MLS Listing ID E12132872

Style 2-Storey

Bedrooms 10

Building Age 51-99

Annual Tax Amount $18,626

Tax Year 2024

Property Sub-Type Multiplex

Lot Depth 194.0

Lot Front 60.0

Appx SqFt 3000-3500

Property Description

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!

Location

Province ON

County Toronto

Community The Beaches

Area Toronto

Rooms

Family Room No

Basement Separate Entrance, Finished with Walk-Out

Kitchen 8

Separate Den/Office 2

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Circular Drive

Garage Spaces 6.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 60.0

Lot Depth 194.0

Total Parking Spaces 12

Building

Foundation Concrete Block

Others

ParcelsYN No

Listed by REAL ESTATE HOMEWARD
agent

Jethro Seymour

Broker

+1(416) 712-0767

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Seymour Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

176/178 Balsam AVE

TORONTO NEIGHBOURHOODS
There are 30 quick searches