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Front of 176/178 Balsam Avenue
176/178 Balsam AvenueToronto (The Beaches)
Sold
1/23
Ontario Real Estate › Toronto › The Beaches
Front of 176/178 Balsam Avenue
176/178 Balsam AvenueToronto (The Beaches)
Sold
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MultiplexMLS E12792052
Sold for:Sold Jun 20, 2026
8+2 Bedrooms
6 Bathrooms
12 Parking
3K~3.5K Sq.Ft.
60 x 194 ft Lot
$19,640 Tax/yr

Property history

1 saleSign in to see sold prices
Nima Mirderrickvand
Nima Mirderrickvand

Real Estate Broker

416-616-6676

This home has sold. It is no longer available.

Property not available for sale or for rent.

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About this home

176/178 Balsam Avenue, Toronto

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 potential future upside. With Toronto's new "as-of-right" zoning you may have the opportunity 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. Rarely does a property of this size and location come to market!

Facts & features

TypeMultiplex
Style2-storey
Built51-99
Size3K~3.5K Sq.Ft.
Lot60 x 194 ft
Tax$19,640 (2025)
HeatingRadiant, gas
BasementSeparate entrance, finished with walk-out
Parking4 drive
WaterMunicipal

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Rooms

0 rooms · 6 bathrooms
Bathrooms6
4-pcMain4-pcMain4-pcSecond4-pcSecond4-pcBasement4-pcBasement
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Around this home

Queen/Balsam
10Walking

Schools nearby

School rating, out of 10.

Balmy Beachelementary · Public · 0.2 km
8.5/10
Notre Damesecondary · Private · 0.3 km
7.7/10
St Johnelementary · Private · 0.4 km
8.2/10

Listing details

MLS® numberE12792052
Listed onFeb 16, 2026
Days on market124
UpdatedJun 20, 2026
Listing brokerageREAL ESTATE HOMEWARD
PossessionFlexible

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© 2026 HOMEH Inc., Brokerage · RECO Registration #6000380 · 505 Highway 7 East, Units 308 & 309, Thornhill, ON L3T 7T1 · Listing data courtesy of the MLS® System of the listing brokerage, deemed reliable but not guaranteed.

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