16-26 Coburn Ave

Toronto, ON M4K 2E7
  • $19,000,000

    Price
  • 0.53

    Acre

About the Listing 336800 -

Approved high-density redevelopment assembly with in-place multifamily income in East York's Broadview North neighbourhood. Three adjacent parcels at 16, 20 & 26 Cosburn Ave., totaling approx. 23,203 SF (0.53 acres) with 186 ft of frontage. Zoning by-law Amendment approved for a 25-storey (80.93 m) apartment builidng with 211,284 SF of FGA, including indoor amenity space. The current plan includes 299 units (38 bachelor, 153 one-bed, 76 two-bed, 32 three-bed; mix is flexible) and 29 parking spaces. Site Plan Application deemed complete September 2022, with a second resubmission made December 2024; a buyer may assume and finalize the application. Rental Housing Demolition approved by City Council in July 2023, subject to a Section 111 Agreement requiring 30 replacement rental units (27 affordable, 3 mid-range). The site is currently improved with a 3-storey, 30-unit apartment building (20 Cosburn), approx. 90% occupied, and two vacant detached homes (16 & 26 Cosburn), providing holding income and lease-up upside during pre-development. Located witin an MTSA, approx. a 6-minute walk to the future Ontario Line Cosburn Station, with TTC bus service to Broadview and Pape stations steps away. Cloe to the DAnforth, Pape Ave. shops and the Don Valley trail systems.

Listing Highlights for 16-26 Coburn Ave

Status Active
Days on Site 4
Property Type Vacant Land
MLS ® E14028870
Year Built
Lot/Acreage 0.53
County Toronto
Neighborhood Broadview North

Interior Details

  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Sanitary+Storm
  • Parking Features: No Garage

Financial Details

  • Tax Amount: $61,193
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 104010142
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

16-26 Coburn Ave Toronto, ON M4K 2E7

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Agent profile image in chat bubble
Agent profile image in chat header

Michael Sotoadeh

Real Estate Broker | Team Sold Today | Michael Sotoadeh | Harvey Kalles Real Estate Ltd., Brokerage

Agent profile image in message

or another way