$30,000,000.00

Broadway Terrace – 1150 Broadway Ave.

Independent / Assisted Living and Personal Care Home

Broadway Terrace is an 11-storey concrete building containing 123 residential suites, a 15-bed personal care home and underground heated parking for 34 cars.  The unique feature of the complex is the interior atrium, an open space that extends from the main level to the skylight in the roof. The main level provides for extensive multi-purpose amenity space for use by tenants and includes a recreation area, the dining area, and chapel area. The main floor also includes the administrative offices with a staff break room with kitchenette, health centre, a salon, and kitchen facilities with walk-ins and commercial kitchen equipment. There is a games room / activity lounge and a library on the 11th floor that is also available to Residents. There are 3 elevators serving all levels including the parking level. Each level of the building contains a washer and dryer facility that is available without charge to residents.

Details

Op Costs & Property Taxes : Property Taxes: 2023 – $268,296.00
Unit Size : 644 sf to 1,036 sf suites
Building Size : 11-storey
Lot Size : 41,588 square feet ( .95 Acre )
Zoning : RL – Residential Low Rise
Parking : Underground heated parking for 34 cars
Year Built : 2003
Power : 3-phase service
HVAC : Four gas fired boilers circulate a glycol water mix to perimeter radiators in each of the suites and the common stairways. Make-up air to the halls is heated and cooled. In-wall air conditioners are available to the suites as an add-on.
Floors : 11
Property Status : For Sale
Property ID : 7629

Property Features

Features

Occupancy: 100%

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Mike Hogan
President | Broker
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