$1,089,000
12 Blong Avenue, Toronto, ON M4M 1P2
South Riverdale · E01
Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY
South Riverdale · E01 · M4M 2G9
$1,158,000
$772 / sq ft2 weeks on market
Prime Mixed-Use Investment Opportunity! Exceptional commercial property located at the high-traffic intersection of Broadview Ave & Gerrard St E in the heart of East York, offering outstanding exposure, strong pedestrian and vehicle traffic, and excellent long-term investment potential. This well-maintained mixed-use building features approximately 2,480 Sq.Ft. living space with a successful main floor restaurant, a spacious 2-bedroom residential apartment on the second floor, and a finished basement providing additional functional space.The second-floor residential unit offers a full kitchen, bright living area, 2 generously sized bedrooms, bathroom, and existing washer & dryer, making it ideal for owner occupancy, staff accommodation, or generating additional rental income. The property offers separate entrances for the commercial and residential components, providing flexibility for multiple uses and enhanced privacy.The main floor boasts excellent street visibility with wide storefront exposure on one of Toronto's busiest east-end commercial corridors. Surrounded by established businesses, high-density residential neighbourhoods, schools, parks, and everyday amenities, this location benefits from consistent customer traffic and a strong local community. Convenient access to TTC streetcar routes, major roads, and downtown Toronto further enhances its desirability.Additional features include forced-air heating, central air conditioning, rear lane access, and a functional layout suitable for a variety of commercial or investment purposes (Buyer to verify permitted uses). Whether you're an investor seeking stable income, an entrepreneur looking to operate your own business while living upstairs, or a buyer searching for a prime long-term holding with future appreciation potential, this property offers exceptional versatility and value.
7 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Kitchen | Main | 2.84 × 11.53 m9.3 × 37.8 ft | Porcelain Floor |
| Great Room | Main | 3.35 × 11.43 m11.0 × 37.5 ft | 2 Pc Bath |
| Bedroom | Second | 2.84 × 4.37 m9.3 × 14.3 ft | Laminate · Window |
| Bedroom 2 | Second | 3.35 × 4.57 m11.0 × 15.0 ft | Laminate · Window |
| Kitchen | Second | 3.35 × 7.16 m11.0 × 23.5 ft | Ceramic Floor |
| Great Room | Basement | 2.84 × 6.73 m9.3 × 22.1 ft | Ceramic Floor |
| Great Room | Basement | 3.35 × 8.05 m11.0 × 26.4 ft | — |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 47% of comparable townhouse listings in South Riverdale are asking less.
Based on 15 comparable active townhouse listings in South Riverdale. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,158,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of EXP REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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