176/178 BALSAM AVENUE Toronto

176/178 BALSAM AVENUE, Toronto, Ontario

$2,250,000

  • 10 Beds
  • 6 Bath
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 potential future upside. With Toronto's new "as-of-right" zoning you may have the opportunity 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. Rarely does a property of this size and location come to market! (id:50004)
  • Listing ID: E12792052
  • Property Type: Multi-family

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Details

  • Parking Spaces: 12
  • Transaction: For sale

Building

  • Appliances: Stove, Refrigerator
  • BasementType: N/A, N/A (Finished)
  • Basement Development: Finished
  • Basement Features: Separate entrance, Walk out
  • Bedrooms Main Level: 8
  • Bedrooms Lower Level: 2
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Total): 6
  • Heating: Radiant heat
  • Heating Fuel: Natural gas
  • Size Interior: 3000 - 3500 sqft
  • Stories Total: 2
  • Type: Other
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 60 ft
  • Size Irregular: 60 x 194 FT

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    This property for sale is located at 176/178 BALSAM AVENUE in Toronto. It was last modified on May 26th 2026.
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