1458 Bayview Avenue
Mount Pleasant East, Toronto, M4G 3B3
FOR SALE
$2,800,000

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8
BEDROOMS7
BATHROOMS4
KITCHENS21
ROOMSC12547966
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Property Description
This is a rare and exceptional opportunity to acquire an entire, professionally managed multiplex building featuring four legal, self-contained units in one of Toronto's most desirable neighbourhoods. This secure and income-generating property is the ultimate addition to any serious investor's portfolio. The building spans three storeys, with each above-grade floor hosting its own premium unit, complemented by an additional legal basement apartment. Each of the three upper level units boasts a highly desirable layout, featuring 2 bedrooms, 2 washrooms, high-end modern kitchens, a cozy gas fireplace, and the convenience of in-suite laundry facilities. The basement unit includes 2 bedrooms, 1 bathroom and separate laundry. Furthermore, the property is designed for optimal management and compliance: it is fully compliant with the Fire Safety provisions of the Ontario Fire Code, has been professionally maintained, and includes separate electric and gas meters for each unit, minimizing owner utility costs. Exterior features include three private parking spots accessible from the rear and a renovated backyard with dedicated, secure tenant lockers. Situated directly on Bayview Avenue, residents enjoy unparalleled access to premium shopping, dining, and transit options. Don't miss this chance to own a high-quality, fully compliant, and tenanted investment property in a prime location.
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Nearby Intersections
Property Features
Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School, Carpet Free, Lane
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Property Details
Address
1458 Bayview Avenue
Community
City
Postal Code
M4G 3B3
Property Type
Multiplex, Multiplex
Zoning
Multiplex Property Code - 334
Lot Size
25' x 120'
Taxes
$11,522 (2025
Basement
Apartment
Heat Type
Heat Pump
Heat Source
Electric
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Sotheby's International Realty Canada
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!
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