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New2 hours ago

360 Broadview Avenue

South Riverdale, Toronto

$1,180,000

Freehold Townhouse|2-Storey
2 | 3 | 0
About this home

Prime Mixed-Use Investment Opportunity! Exceptional commercial property located at the high-traffic intersection of Broadview Ave & Gerrard St E in the heart of East York, offering outstanding exposure, strong pedestrian and vehicle traffic, and excellent long-term investment potential. This well-maintained mixed-use building features approximately 2,480 Sq.Ft. living space with a successful main floor restaurant, a spacious 2-bedroom residential apartment on the second floor, and a finished basement providing additional functional space.The second-floor residential unit offers a full kitchen, bright living area, 2 generously sized bedrooms, bathroom, and existing washer & dryer, making it ideal for owner occupancy, staff accommodation, or generating additional rental income. The property offers separate entrances for the commercial and residential components, providing flexibility for multiple uses and enhanced privacy.The main floor boasts excellent street visibility with wide storefront exposure on one of Toronto's busiest east-end commercial corridors. Surrounded by established businesses, high-density residential neighbourhoods, schools, parks, and everyday amenities, this location benefits from consistent customer traffic and a strong local community. Convenient access to TTC streetcar routes, major roads, and downtown Toronto further enhances its desirability.Additional features include forced-air heating, central air conditioning, rear lane access, and a functional layout suitable for a variety of commercial or investment purposes (Buyer to verify permitted uses). Whether you're an investor seeking stable income, an entrepreneur looking to operate your own business while living upstairs, or a buyer searching for a prime long-term holding with future appreciation potential, this property offers exceptional versatility and value.

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agent
Angela Montano
(647) 283-2643
TypeAtt/Row/Townhouse
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$8,324
Lot Size12.52 ft x 91.87 ft
mls© NumberE13699124
Listed ByEXP REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,040
Property tax
$694
Heat allowance
$150
Housing costs
$6,883 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $236,000
25-yr amortization

Income needed

$212,000

gross annual household income

Payment at 4%
$4,966 / mo
Cash down
$236,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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