Filipe & Isabel Ferreira
Home
About
MLS® Search
Market Watch
Contact
Filipe & Isabel Ferreira
Resources|Privacy Policy|Terms & Conditions

Cities We Serve

  • Toronto
  • Etobicoke
  • Hamilton
  • Richmond Hill
  • Vaughan
  • Brampton

Toronto Neighbourhoods

  • Roncesvalles
  • High Park
  • Bloor West Village
  • Junction Triangle
  • Dufferin Grove
  • Trinity-Bellwoods
  • Little Portugal
  • Davenport
  • Corso Italia
  • Keelesdale

Filipe & Isabel Ferreira

REALTOR® · RECO Reg. # 1616044

RE/MAX Ultimate Realty Inc., Brokerage · RECO Reg. # 4713274

Cell/Direct: (647) 298-9299

1192 St Clair Ave W

Toronto, ON M6E 1B4

Office: (416) 656-3500

License# 4713274

Each office independently owned and operated. For even more listings, visit remax.ca.

RE/MAX Ultimate Realty Inc., Brokerage is a member of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB). REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Used under license.

All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than RE/MAX Ultimate Realty Inc may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2025 All rights reserved.

MLS Logo

©2026 All rights reserved. Website designed by Scale Selling.

Powered by Open IDX (AVP)

Home/MLS® Search/Toronto E02/176/178 Balsam Avenue

176/178 Balsam Avenue

Toronto E02, ON M4E 3C1

NewActiveFor Sale
10 Beds
6 Baths
3,000 Sq Ft
Single Family Home
Ask Filipe about this propertyBook a Showing

About This Property

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!

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size3,000 sq ft
Bedrooms10
Bathrooms6
ListedMarch 3, 2026
Postal CodeM4E 3C1

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® E12792052

Listed by REAL ESTATE HOMEWARD

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$2,250,000

asking price

MLS®E12792052
TypeSingle Family Home
CityToronto E02
← Back to Search

Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$10,987

/month · $1,800,000 mortgage

Down Payment20% — $450,000
Interest Rate5.5%

Amortization

Total Interest

$1,496,114

Total Cost

$3,296,114

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

REAL ESTATE HOMEWARD