Welcome to this remarkable commercial retail located in the coveted neighborhood of South Riverdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,388,000 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.
Exceptional mixed-use investment opportunity in the heart of the Broadview & Dundas corridor. This income-generating, multi-storey property features two spacious residential suites above and endless possibilities on the ground level, offering immediate cash flow with strong upside potential. Flexible zoning permits a variety of uses, including the potential for full residential conversion (buyer to verify all permitted uses and approvals).Approximately 1,837 sq. ft. above grade, plus an additional approximately 975 sq. ft. finished walk-out basement fronting directly onto Broadview Avenue with a storefront-style entrance, ideal for retail, service-based businesses, office use, or additional income opportunities. The property also includes two dedicated parking spaces.Ideally situated with public transit at your doorstep, surrounded by vibrant retail amenities, restaurants, and everyday conveniences, while offering quick access to downtown Toronto and major highways. A rare opportunity for investors, end-users, or developers seeking stable income today with future value-add, repositioning, or redevelopment potential.Property is being sold in "as is, where is". The Seller makes no representations or warranties regarding the condition, building code, legality of alterations, improvements or addition of the property.
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Data-driven valuation for 231 Broadview Avenue, Toronto, ON M4M 2G3
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 $1,388,000 in Toronto, the legal minimum down payment is $277,600 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 $24,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,235 also applies, bringing the total estimated land transfer taxes to $48,470.
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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.