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176/178 Balsam Avenue
The Beaches Toronto M4E 3C1

$2,750,000
Residential Freehold beds: 8+2 baths: 6.0

Main Photo: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 1: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 2: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 3: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 4: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 5: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 6: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 7: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 8: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 9: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 10: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 11: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 12: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 13: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 14: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 15: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 16: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 17: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 18: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 19: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 20: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 21: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 22: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Photo 23: 176/178 Balsam Avenue in Toronto: The Beaches House for sale (Toronto E02)  : MLS®# E12792052
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
E12792052
Bedrooms:
8+2
Bathrooms:
6
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 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!
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Approx. Age:
51-99
Total Approx Floor Area:
3000-3500
Lot Depth:
194'
Lot Frontage:
60'
Direction Faces:
West
Bedrooms:
8+2
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
6
Kitchens in Basement:
2
Bedrooms Above Grade:
8
Bedrooms Below Grade:
2
Kitchens Above Grade:
4
Rooms Above Grade:
24
Rooms Below Grade:
4
Fractional Ownership:
No
Assignment:
No
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Basement:
Separate Entrance, Finished with Walk-Out
Fireplace/Stove:
No
Garage:
Built-In
Garage Spaces:
6.0
Parking Features:
Circular Drive
Parking Spaces:
4
Total Parking Spaces:
12.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Development Charges Paid:
Unknown
Taxes:
$19,639.56 / 2025
Assessment:
$- / -
Toronto
Toronto E02
The Beaches
None
6 stoves, 6 fridges, New boilers at both 176& 178 Balsam (Q4/23). 6 HWT (owned). All Elfs, Parking for 6 cars in the garage.
Washers and Dryers are all tenant-owned.
Brick
No
Energy Certification:
No
Green Property Information Statement:
No
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Level:
Main Level
Date Listed:
Feb 17, 2026
Original Price:
Previous Price:
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Listed by REAL ESTATE HOMEWARD
Data was last updated March 2, 2026 at 03:15 PM (UTC)
DARYL  KING
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