$2,498,000
For sale: Multiplex

Secure a significant footprint in one of Toronto's most coveted neighborhoods with this rare, combined 40' x 132' lot at 890 & 892 Broadview Ave. Offering two civic addresses under a single PIN#, this property presents a premier opportunity for developers and investors to capitalize on a high-demand transit corridor. With a substantial 40' frontage, this site provides a versatile canvas for your vision, whether you are looking to maximize rental potential, eyeing a mid-rise development project, or exploring the possibility of a technical severance. The location is unbeatable, situated just steps from the Broadview/Danforth subway station, Greek Town, and vibrant local amenities. Furthermore, the property sits within the prestigious catchment for Wilkinson Jr. PS and Riverdale Collegiate Institute, making it highly desirable for families and professionals alike. Whether you choose to hold as-is or pursue rezoning to create a landmark project, this site is perfectly positioned to maximize density in a rapidly evolving, high-value district. All prospective buyers are encouraged to conduct their own due diligence to verify zoning, development rights, and municipal requirements.
Sold data
Multiplex homes in Toronto (Playter Estates-Danforth) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 73, across 34 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.
The median sale price was $1,262,000.
Homes sold for about 5.7% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 34 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Playter Estates-Danforth) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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