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New3 hours ago

20 Torrens Avenue

Broadview North, Toronto

$1,599,000

Detached|Backsplit 5
4 | 3 | 5
About this home

Welcome to 20 Torrens Avenue - A Rare Multi-Family Investment Opportunity in Prime Broadview North Neighbourhood. Multi-generational living. Built-in investment. Endless possibilities.Offering 2,257 SF across multiple levels of generous living space, this back split features 4 spacious bedrooms, a den, and 3 full bathrooms - solid bones, ready for your personal touch - in one of Toronto's most connected and evolving pockets: Broadview North.Sitting on a rare 150 ft deep lot with 4 separate entrances (main, side, 2 in the bsmt) this home offers true multi-family potential - an ideal choice for multi-generational families or investors seeking a built-in investment with real income potential. Truly one of the most unique lots in prime East York, Toronto, just minutes to Downtown.Second level: 3 bedrooms + 5-piece bathroom with skylight. Main & Ground level: bedroom, spacious den, 3 piece bathroom, kitchen, dining room, living & family rooms with additional walk-out sliding door to a beautiful backyard plus another side entrance from ground level. Basement -accessible by 2 separate entrances: recreation room with wet bar, second kitchen, dining area, 4 piece bathroom and laundry room. With multiple entrances - front door, 2 basement entrances, side door entrance, and backyard W/O - this home is built for flexibility, privacy, and independent living for extended family or tenants. 5 total parking spaces (1-car garage + 4 additional parking spaces) - a rare find minutes to downtown. Unbeatable location: walking distance to top-rated schools and the scenic Lower Don Valley trails, with quick access to the DVP, reliable TTC, the Brickworks, Rosedale Valley, and the East York Community Centre - steps to Broadview. Investor alert: this renovator's opportunity on a rare 150 ft deep lot with 5-car parking and 4 separate entrances won't last. Bring your vision and transform this home into your family's next chapter or your next great investment.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$8,256
Lot Size33.04 ft x 150.16 ft
mls© NumberE13638278
Listed ByRIGHT AT HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,184
Property tax
$688
Heat allowance
$150
Housing costs
$9,022 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $319,800
25-yr amortization

Income needed

$278,000

gross annual household income

Payment at 4%
$6,729 / mo
Cash down
$319,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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