snow covered rear of property featuring brick siding and a chimney Features: built in garage, fence More Photos

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    For Sale - 43 Broadview Avenue, Mississauga, Ontario

    Est payment $9,119/mo
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    Views   2
    Time on Jump  57 day

    AI Summary *

    • Well-maintained triplex generating around $7,000 in monthly rental income.
    • Opportunity to build up to 12 units on adjacent lots with approvals.
    • Approximately 3,050 sq ft of finished living space available.
    • Located near the lake and Port Credit Village amenities.
    • Flexible month-to-month tenancies offer valuable interim income.




    A rare opportunity to acquire either a well-maintained, income-producing triplex or two 23-foot semi-detached lots to build 6 units, subject to buyer verification and approvals. The semi-detached homes will include approximately 3050sq ft of finished above-grade living space including a detached garden suite, and a fully self-contained lower-level two-bedroom apartment of approximately 1,325 sq. Ft. The property currently contains a well-maintained triplex generating approximately $7,000 per month in rental income, comprised of three units at approximately $2,500, $2, and $2,000. All tenancies are market-rate and month-to-month, providing valuable interim income while planning or advancing future redevelopment. Ideally located just steps to the lake and the brightwater community, the property offers walkable access to port credit village amenities including shops, restaurants, cafés, farm boy, lcbo, pharmacy, medical offices, and convenient highway access to downtown toronto. 43 broadview and 19 broadview are listed concurrently, presenting a unique opportunity for builders or investors to control adjacent properties and pursue a coordinated redevelopment of up to 12 total units, subject to municipal approvals. A proposed montbeck-built configuration supports strong rental upside, with estimated rents of approximately $5,000/month for the upper residence, $3,000/month for the lower-level suite, and $3,000/month for the detached garden suite, totaling approximately $11,000/month per semi when fully leased. End users may occupy the primary residence while generating approximately $6,000/month from secondary suites to offset carrying costs. Rental figures are illustrative only. Buyers to verify zoning, approvals, measurements, severance status, and development potential to their own satisfaction.
    Listing IDW12755426
    Address43 Broadview Avenue
    CityMississauga, Ontario
    Price$1,899,000
    Bed / Bath4 / 3 Full
    Style2-Storey, Triplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features NoneOwnership FreeholdBasement FinishedFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 8.00
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    Listing Agency:  RE/MAX ESCARPMENT REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    43 Broadview Avenue
    Mississauga , Ontario
    4 3 $1,899,000
    Get more info