Check out the newest condos…
Contact us for more information.
$2,899,900.00
176/178 BALSAM AVENUE, Toronto (The Beaches), Ontario, M4E3C1, Canada Listing ID:photo 1 /
| Bathrooms | Bedrooms | Property Type |
|---|---|---|
| Multi-family |
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! (id:31565)
Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 23 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.Additional Information
| Amenity Near By | |
|---|---|
| Features | |
| Maintenance Fee | |
| Maintenance Fee Payment Unit | |
| Management Company | |
| Ownership | |
| Parking |
|
| Transaction | For sale |
Building
| Bathroom Total | 5 |
|---|---|
| Bedrooms Total | 10 |
| Bedrooms Above Ground | 8 |
| Bedrooms Below Ground | 2 |
| Age | 51 to 99 years |
| Appliances | Stove, Refrigerator |
| Basement Development | Finished |
| Basement Features | Separate entrance, Walk out |
| Basement Type | N/A, N/A (Finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fireplace Present | |
| Foundation Type | Block |
| Heating Fuel | Natural gas |
| Heating Type | Radiant heat |
| Size Interior | 3000 - 3500 sqft |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal water |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Toronto Real Estate Board
REAL ESTATE HOMEWARD
28279134
Wed, 05 Nov 2025 15:17:07 GMT
