CAONToronto176/178 Balsam Ave
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176/178 Balsam Ave, Toronto, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$2,750,000

1064

MLS® E12792052

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage Yes
Taxes $19,640
Days Active 0
Lot Size 
Approx. Age 
MLS® Number E12792052

Property Address: 176/178 Balsam Ave, Toronto, ON, M4E3C1

Average square foot calculated using Size range provided by listing agent.

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 x 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!
MLS® NumberE12792052
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementSeparate Entrance, Finished with Walk-Out
DrivewayGarage Type:Built-In
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 17, 2026List Date
$2,750,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
176/178 Balsam Ave, Toronto, ON

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