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1064

MLS® E12792052

Overview

Key Facts

Type Multi Family
Levels Residential
Size -
Garage Built-In
Taxes $19,640
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 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!Show Description
MLS® NumberE12792052
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageBuilt-In
Approx. Age
BasementSeparate Entrance, Finished with Walk-Out
DrivewayGarage Type:Built-In
Garage Spaces
HeatGas, Radiant
A/CNone

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, Sold for $2,035,000

Sold · 121 days

$2,035,000$2,250,000

MLS® E12792052

4 days ago

Sold on Jun 19, 2026

June 2026, Sold for $2,035,000

Sold · 121 days

$2,035,000$2,250,000

MLS® E12792052

4 days ago

Sold on Jun 19, 2026

March 2026, Canceled for $2,899,900

Prime Beach Property on 60 x 194 lot!
Canceled · 326 days

$2,899,900

MLS® E12132872

3 months ago

Canceled on Mar 31, 2026

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