176/178 Balsam Avenue

The Beach, East End, Toronto

176/178 Balsam Avenue
176/178 Balsam Avenue
176/178 Balsam Avenue
+20
8+2
 bed
6
 bath
12
 parking
3000 - 3500
 sqft
Multiplex
Sold for
$2,035,000
Listed for
$2,250,000
Sold on 
Jun 19, 2026
122 days
 on site
Sold for
$2,035,000
Listed for
$2,250,000
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Size
-
Lot size
11640 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$581 - $678
Taxes
$19,639.56 (2025)
Parking Type
-
Style
2-Storey
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Description
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!
Broker: REAL ESTATE HOMEWARD
MLS®#: E12792052
Property details
Parking:
12
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
3000-3500 sqft
Lot front:
60 Ft
Lot depth:
194 Ft
Listed on:
Feb 17, 2026
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About 176/178 Balsam Avenue

176/178 Balsam Avenue is a Toronto multiplex which was for sale. Asking $2250000, it was listed in February 2026, but is no longer available and has been taken off the market (Sold) on 19th of June 2026.. This 3000-3500 sqft multiplex has 8+2 beds and 6 bathrooms. Situated in Toronto's Beach neighbourhood, Upper Beaches | Woodbine Corridor, Main & Danforth / Danforth Village, Birch Cliff and Woodbine-Lumsden are nearby neighbourhoods.

There are a lot of great restaurants around 178 Balsam Ave, Toronto. If you can't start your day without caffeine fear not, your nearby choices include Black Dog Cafe. For those that love cooking, Beaches Bake Shop is a 3-minute walk.

For those residents of 178 Balsam Ave, Toronto without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Kingston Rd at Beech Ave) and is not far connecting you to Toronto's public transit service. It also has route Coxwell Night Bus, route East York, and more nearby. Access to Don Valley Parkway from 178 Balsam Ave is within a 9-minute drive, making it easy for those driving to get into and out of the city using Don Mills Rd ramps.