+34 more
10
Bedrooms
6
Bathrooms
12
Parking
About This Property
This 10-bedroom, 6-bathroom multi-family in Toronto is available for your consideration. 2 storeys. The property has lot dimensions of 60 x 194 FT, cross street Queen/Balsam. The home features radiant heat, natural gas heating, a finished, separate entrance, walk out basement. Highlights include a 6-car garage.
MLS Remarks
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 significant future upside. With Toronto's new "as-of-right" zoning you have the potential 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. Hold, expand, or completely reimagine with "as-of-right" zoning, the future is firmly in your hands. Rarely does a property of this size, location, and potential come to market!
Inclusions
6 stoves, 6 fridges, New boilers at both 176& 178 Balsam (Q4/23). 6 HWT (owned). All Elfs, Parking for 6 cars in the garage.
Property History
| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Feb 16, 2026 | Listed For Sale | E12792052 | $2,750,000 | — |
| Feb 10, 2026 | Cancelled | E12132872 | $2,899,900 | — |
| May 8, 2025 | Listed For Sale | E12132872 | $3,349,000 | — |
| — | Price Changed | E12132872 | $2,899,900 | ▼ $449,100 (13.4%) |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Looking for Something Similar?
We can help you find properties matching your criteria, including exclusive listings not yet on the market.
