Welcome to this remarkable land located in the coveted neighborhood of Broadview North. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Offered under power of sale, this 3,326 sq. ft., regularly configured lot benefits from its prime exposure fronting on Broadview Avenue, flexible Commercial Residential (CR) zoning and position abutting additional redevelopment lands. Located in the sought after Broadview neighbourhood, the site is positioned in proximity to an abundance of shops, restaurants and amenities - boasting outstanding walk, bike and transit scores of 90, 99 and 94 respectively. With existing CR zoning in place, the property permits a wide range of commercial, retail and residential uses - providing opportunities for a range of developers, users and investors. The lands abutting the site are OPA and ZBLA approved (subject to conditions) to permit the development of a 7-storey mixed-use building with 50 residential units. Based on new building performance standards and new density precedents being set in the area, the property provides land assembly upside to deliver a cohesive project at scale. Property is unpriced with offers being reviewed as received
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Data-driven valuation for 1007 Broadview Avenue, Toronto E03, ON M4K 2S1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1 in Toronto, the legal minimum down payment is $0 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.