For saleMLS® E14028870

16-26 Coburn Avenue, Toronto, ON M4K 2E7

Broadview North, Toronto · Near Cosburn Ave/Broadview Ave · View map

$19,000,000
23203Sq ft
LandType
NoneParking
$61,193/yrTaxes
$19,000,000
FreeholdNo monthly condo fee
Lot 125 x 147 ftThe land comes with the home

About this home

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.

The home

Type
Land
Square footage
23203 sq ft
Lot size
125 x 147 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Total parking
None

Taxes & other

Property taxes
$61,193/yr
Tax year
2025
Occupancy
Tenant
Possession
TBD
Cross street
Cosburn Ave/Broadview Ave
Neighbourhood
Broadview North

More

MLS® number
E14028870

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Want to know something that isn’t listed?
Estimated monthly cost$81,740per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    16-26 Coburn Avenue, Toronto, ON M4K 2E7

    Broadview North, Toronto · Near Cosburn Ave/Broadview Ave

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    Sold history

    Listing history for 16-26 Coburn Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 16-26 Coburn Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 16-26 Coburn Avenue listed for, and what would it cost each month?

    16-26 Coburn Avenue is listed for $19,000,000. With 20% down ($3,800,000), the mortgage payment would be roughly $76,641 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $81,740 a month, all in. That figure is an illustration, not a quote.

    Is 16-26 Coburn Avenue freehold or a condo, and is there a monthly fee?

    16-26 Coburn Avenue is a land in Broadview North, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 16-26 Coburn Avenue have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 16-26 Coburn Avenue?

    16-26 Coburn Avenue is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 16-26 Coburn Avenue, and what is the lot size?

    The lot is listed as 125 x 147 ft.

    What are the property taxes for 16-26 Coburn Avenue?

    Property taxes are $61,193 a year (2025), or about $5,099 a month.

    Where is 16-26 Coburn Avenue?

    16-26 Coburn Avenue is in the Broadview North community of Toronto. The nearest main intersection is Cosburn Ave/Broadview Ave. The postal code is M4K 2E7.

    Is 16-26 Coburn Avenue still for sale?

    Yes. It is an active listing (MLS® E14028870). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 16-26 Coburn Avenue asking?

    Similar properties for sale nearby right now include 301 Danforth Road at $18,000,000, 61 Maybrook Drive at $18,000,000 and 145-155 Rexdale Boulevard at $15,400,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 16-26 Coburn Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 16-26 Coburn Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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