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890 & 892 Broadview Avenue, Playter Estates-Danforth M4K 2R1

Price

$2,498,000

Bedrooms

6 Beds

Bathrooms

3 Baths

Size

2500-3000 sqft

Year Built

100+

Property Type

House

Property Taxes

$5331

Explore A Virtual Tour

Description

Secure a significant footprint in one of Toronto's most coveted neighborhoods with this rare, combined 40' x 132' lot at 890 & 892 Broadview Ave. Offering two civic addresses under a single PIN#, this property presents a premier opportunity for developers and investors to capitalize on a high-demand transit corridor. With a substantial 40' frontage, this site provides a versatile canvas for your vision, whether you are looking to maximize rental potential, eyeing a mid-rise development project, or exploring the possibility of a technical severance. The location is unbeatable, situated just steps from the Broadview/Danforth subway station, Greek Town, and vibrant local amenities. Furthermore, the property sits within the prestigious catchment for Wilkinson Jr. PS and Riverdale Collegiate Institute, making it highly desirable for families and professionals alike. Whether you choose to hold as-is or pursue rezoning to create a landmark project, this site is perfectly positioned to maximize density in a rapidly evolving, high-value district. All prospective buyers are encouraged to conduct their own due diligence to verify zoning, development rights, and municipal requirements.

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$9,918 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,998,400

Total Interest Payments

$1,232,136

Total Payment (Principal + Interest)

$3,230,536

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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