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South Riverdale, Toronto
$1,180,000
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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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,324 |
| Lot Size | 12.52 ft x 91.87 ft |
| mls© Number | E13699124 |
| Listed By | EXP 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.
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 checkInvestment Analysis
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