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Last Updated : 30 Days ago
176/178 Balsam Avenue, Toronto, ON, The Beaches
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176/178 Balsam Avenue, Toronto MLS Number: E12132872

The Beaches, Toronto, ON, M4E 3C1

$2,899,900

Price drop by $449,100

Status: For Sale

  • 8+2 Beds
  • 5 Baths
  • Area : 3000-3500 sqft
  • Property Type: Residential Freehold (Multiplex)
  • Property Taxes : $18626.13 (Tax Year:2024)
  • Listing Courtesy : Real Estate Homeward

176/178 Balsam Avenue Property Description

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 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!

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176/178 Balsam Avenue Property Facts

Property Type :Residential Freehold
MLS Number :E12132872
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :05 Nov, 2025 (30 Days ago)
Source :Toronto Regional Real Estate Board
Area :Toronto
Postal Code : M4E 3C1
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176/178 Balsam Avenue Property Price & Tax Insights

Price : $2,899,900
Property Taxes :$18626.13
Tax Year :2024

176/178 Balsam Avenue, Toronto Property Details

Bedrooms :8 + 2
No. of Rooms :24
Heating :Radiant
Cross Street :Queen/Balsam
Bathrooms :5
Fuel :Gas
Approx Square Footage :3000-3500 sqft
Fireplace/Stove :No

Exterior Information

Exterior Finish :Brick
Parking Space :12
Basement :Separate Entrance
Garage :Built-In
Laundry Level :Main Level

176/178 Balsam Avenue, Toronto - Price History

2025-11

05 Nov, 2025

TREB #E12132872

Price Change

$2899900.0

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  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
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  • 6
  • 12
  • 18
  • 24
  • 30+
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  • 6
  • 12
  • 18
  • 24
  • 30+

176/178 Balsam Avenue - Location Map and Landmarks

  • Danforth Go Station, Toronto 1.22 km
  • Main Street Subway, Toronto 1.52 km
  • Victoria Park Subway, Toronto 1.87 km
  • Woodbine Subway, Toronto 2.0 km
  • Coxwell Subway, Toronto 2.68 km
  • Greenwood Subway, Toronto 3.21 km
  • Donlands Subway, Toronto 3.79 km
  • Warden Subway, Toronto 3.84 km
  • Pape Subway, Toronto 4.36 km
  • Chester Subway, Toronto 4.96 km
  • Balmy Beach Community School, Toronto 0.17 km
  • Notre Dame Catholic High School, Toronto 0.37 km
  • St John Catholic Elementary School, Toronto 0.4 km
  • St Denis Catholic Elementary School, Toronto 0.54 km
  • Malvern Collegiate Institute, Toronto 0.59 km
  • Adam Beck Junior Public School, Toronto 0.63 km
  • Williamson Road Junior Public School, Toronto 0.64 km
  • Neil Mcneil Catholic High School, Toronto 0.67 km
  • Glen Ames Senior Public School, Toronto 0.73 km
  • Avalon Children'S Montessori, Toronto 0.81 km
  • Michael Garron, Toronto 3.04 km
  • Toronto East General Hospital, Toronto 3.05 km
  • Providence Healthcare, Toronto 4.05 km
  • Sinai Health System - Bridgepoint Active Healthcare, Toronto 5.34 km
  • Beacon Health, Toronto 6.89 km
  • Toronto Grace Health Centre, Toronto 7.47 km
  • Salvation Army Toronto Grace Hospital, Toronto 7.47 km
  • Sunnybrook & Women'S Coll Orth&Arth Site, Toronto 7.49 km
  • St. Michael's, Toronto 7.5 km
  • Steadson Hospital, Toronto 7.5 km
  • Sandy'S Your Independent Grocer Toronto, Toronto 0.65 km
  • Beach Valu-Mart, Toronto 0.92 km
  • Foodland, Toronto 0.98 km
  • Loblaws, Toronto 1.16 km
  • Price Chopper, Toronto 1.22 km
  • Beach Mall, Toronto 1.22 km
  • Shahjalal, Toronto 1.35 km
  • Shoppers World Danforth, Toronto 1.39 km
  • Danforth Fruit Mart, Toronto 1.41 km
  • Metro, Toronto 1.44 km
  • Main Street and Southwood Drive and Kingston Road, Toronto 0.58 km
  • Kingston Road and Victoria Park Avenue, Toronto 0.65 km
  • Queen Street East and Wineva Avenue, Toronto 0.85 km
  • Kingston Road and Blantyre Avenue, Toronto 0.87 km
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FAQs: 176/178 Balsam Avenue, Toronto

  • Q:What is the Area Size of the 176/178 Balsam Avenue In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 3000-3500 sq. ft and is strategically located in Toronto. The MLS No of this project is E12132872 and the Project is located in ON, Canada
  • Q: Does this Project 176/178 Balsam Avenue available for Sale ?

    A: The project 176/178 Balsam Avenue is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 176/178 Balsam Avenue is Offering?

    A:Square Yards is giving a Cashback of $14,500 if you buy this property from us, however there are several key features offered by the 176/178 Balsam Avenue. You get 8+2 Beds with 5 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 176/178 Balsam Avenue?

    A: 176/178 Balsam Avenue in Toronto offers a total of 12 parking spaces for residents.
  • Q:How many Beds & Baths available in 176/178 Balsam Avenue, Toronto?

    A: 176/178 Balsam Avenue, Toronto comes with 8+2 Beds for maximum convenience and space. There are 5 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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