For Sale: 176/178 Balsam Avenue, Toronto, ON - REW
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$2,250,000
10 bd • 6 ba • 3000 - 3499 sf • Multifamily
176/178 Balsam Avenue
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$2,250,000
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176/178 Balsam AvenueToronto, ON, M4E 3C1

The Beaches
  • 10 Bed
  • 6 Bath
  • 3000 - 3499 Sqft
  • Multifamily

About this home

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:63626)
Listed by: DAVID DUTTON, Salesperson, REAL ESTATE HOMEWARD

Home facts and features

Price details
List Price
$2,250,000
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Gross Taxes for 2026
$19,640
Home facts
Bedrooms
10
Full Bathrooms
6
Parking Spaces
12
Parking Details
Garage
Property Type
Multifamily
Depth
194 feet
Frontage
60.0 feet
Exterior Finish
Brick
Heating Type
Radiant heat, Natural gas
Basement Details
Finished, Separate entrance, Walk out, ,
Appliances
Refrigerator, Stove
Community
Agent details
Primary Agent
DAVID DUTTON
Primary Broker
REAL ESTATE HOMEWARD
Listing details
Days on REW
115 Days
Property Views
124
MLS® Number
E12792052
Source
Canadian Real Estate Association
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Property Insights

Balmy Beach Community School
  • Public
  • JK - 6
Notre Dame Catholic High School
  • Catholic
  • 9 - 12
St John Catholic School
  • Catholic
  • JK - 8
St Denis Catholic School
  • Catholic
  • JK - 8
Malvern Collegiate Institute
  • Public
  • 9 - 12
Adam Beck Junior Public School
  • Public
  • JK - 6
Neil McNeil High School
  • Catholic
  • 9 - 12
Williamson Road Junior Public School
  • Public
  • JK - 6
Glen Ames Senior Public School
  • Public
  • 7 - 8
Kimberley School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
DAVID DUTTON
Phone:
416-389-0505
Office:
416-698-2090
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