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Investment signal

$1,149,990

218 BROADVIEW AVENUE

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Beds

5

Baths

4

Sqft

Year

Type

Multi-family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (South Riverdale). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Opportunity awaits! Look no further than this big, bright, fabulous 3 unit, 2 and 1/2 storey Victorian triplex w/amazing income potential in amenity-rich, ultra-convenient location. Beautifully renovated luxurious 2-storey apartment on top two levels with 2+1 bedrooms (living room can be configured as 3rd bedroom), hardwood floors, two full baths, kitchen w/modern appliances, and separate AC units on each of the top floors. Main floor 1 bedroom apartment with living area, large eat-in kitchen, & 4 pc bath. 1 bedroom basement apartment with kitchen & bathroom & separate entrance at rear. Laundry in basement. 1 parking space at back via laneway drive. Bustling & rapidly developing neighbourhood steps from Leslieville, Riverside & Corktown. So much development in adjacent Queen/Broadview, along w/ nearby emerging Ontario Line. Huge future upside! Pedestrian & cyclist friendly, and TTC stops at doorstep! Easy stroll to Riverdale Park, fantastic trails, community/recreation centre and countless boutiques, eateries, and services of Queen Street,The Danforth, and Chinatown East! (id:65958)

Subtype
Multi-family
Structure
Triplex
Community
South Riverdale
Lot dimensions
16.8 x 86 FT
Bedrooms
4 above grade, 1 below grade
Parking
1 total
Stories
2.5
On market
Mar 23, 2026
Status changed
Apr 22, 2026
Annual tax
$5,695.11
Zoning
R (d1.0) (x808)
Photos
42
MLS#
E12911124
Area
TORONTO_(SOUTH_RIVERDALE)

Features and systems

Parking

No Garage

Basement

Apartment in basementSeparate entranceN/AN/A

Heating

Forced airNatural gas

Cooling

Wall unit

Exterior

Brick

Flooring

TileHardwood

Foundation

Block

Lot

Lane

Community

Community Centre
Negative cash flow ~$1,244/mo at these assumptions

Cash on cash

-6.49%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,059

Financing

Down payment$229,998
Loan amount$919,992
Mortgage$4,661/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$527
Insurance$80
Maintenance$958
CapEx reserve$479
Vacancy loss$288

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,661/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.

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