221 Broadview Ave - Storefront Retail/Office FOR SALE


Toronto, ON M4M 2G3- Riverdale
$4,600,000 CAD
416-777-2200
221 Broadview Ave, Toronto, ON for Sale
$4,600,000 CAD
Storefront Retail/Office - FOR SALE
1/8
null | Request Cap Rate

221 Broadview Ave
Toronto, ON M4M 2G3
Riverdale


HIGHLIGHTS

  • Move-in ready with an impeccably maintained interior, the property offers immediate usability for owner-occupiers or investors.
  • Its open layout and impressive 11-foot ceiling heights allow for a wide range of configurations.
  • 221 Broadview Avenue East is located in South Riverdale, one of Toronto’s most vibrant and well-connected east-end communities.
  • The property offers seamless citywide connectivity through a strong TTC network, featuring a streetcar stop immediately adjacent.
  • A structural engineering report confirms the feasibility of adding three additional floors totaling 15,000 square feet.
  • In the interim, the property can be leased to generate stable cash flow while planning and entitlements are advanced.

OVERVIEW

Colliers International (“the Agent”) has been retained to arrange the sale of 221 Broadview (“the Property”), a prominent two-storey office building positioned in the heart of South Riverdale. This property presents a rare opportunity to acquire 10,600 square feet of well-maintained office space, with the structural integrity to support an additional 15,000 square feet of vertical expansion. Featuring high ceilings, a solid architectural framework, and preserved character elements, the property seamlessly blends functionality with timeless design. Over the years, the building has undergone significant capital improvements, including the addition of a dedicated electrical room, a roof replacement in 2001, and an upgraded freight elevator completed in 2016. The building is currently owner-occupied and will be delivered substantially vacant, with the exception of approximately 2,000 square feet leased through July 31, 2026, subject to a three-month termination clause. Both floors feature an open-concept floor plan that offers exceptional flexibility for a wide range of users and investors. 221 Broadview offers remarkable visibility and connectivity, centrally positioned within South Riverdale, one of Toronto’s fastest-growing mixeduse corridors, surrounded by acclaimed restaurants, boutique shops, and creative studios. The property offers excellent connectivity to the downtown core and Union Station, with multiple TTC streetcar routes - including the 501 Queen, 504 King, 505 Dundas, and 506 Carlton - providing a convenient 20-minute transit commute. By car, the site offers easy access to major highways, located 2 minutes from the Don Valley Parkway and 10 minutes from the Gardiner Expressway. Featuring a well-maintained and sound structural foundation, 50 feet of prime street frontage, impressive 11-foot ceiling heights, and a location within one of Toronto’s most highly coveted urban neighborhoods, 221 Broadview offers an outstanding opportunity for private investors and owner-users seeking a standout property positioned within South Riverdale’s thriving community.

FOR SALE DETAILS

PRICE

$4,600,000 CAD

PRICE/SF

$434 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

CR

APN/PARCEL ID

190407312001100

ASK ABOUT THIS PROPERTY

Matthew SoperColliersMore Info
416-777-2200

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Matthew SoperColliersMore Info
416-777-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.