117 Broadway Avenue Distress Sale Assignment

Assignment Condo for Sale

Excerpt Urgent Distress Sale at Line 5 Condos! This high-floor 2-bedroom, 2-bathroom suite is being offered at an aggressive price of $855,000—well below the original purchase price. Located on the 36th floor at 117 Broadway Avenue, this assignment sale presents a rare opportunity to own a piece of the Yonge & Eglinton skyline with immediate […]

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  • Assignment

  • Condo

  • 2 Beds

  • 2 Baths

  • North View

  • 36th Level

  • No Locker

  • $1361/Sqft.

  • $855,000 Original Price
Last Update : 7 January 2026
Asking Price $855,000

Excerpt

Urgent Distress Sale at Line 5 Condos! This high-floor 2-bedroom, 2-bathroom suite is being offered at an aggressive price of $855,000—well below the original purchase price. Located on the 36th floor at 117 Broadway Avenue, this assignment sale presents a rare opportunity to own a piece of the Yonge & Eglinton skyline with immediate equity potential.

Prime Location

Unmatched Connectivity in Mount Pleasant West

Located at 117 Broadway Avenue, Line 5 Condos is situated in the heart of Mount Pleasant West, one of Toronto’s most dynamic and high-demand neighborhoods. Just steps away from the bustling Yonge & Eglinton intersection, residents enjoy seamless access to the Eglinton Crosstown LRT and the Yonge Subway line. This vibrant community is renowned for its diverse array of gourmet restaurants, trendy boutiques, and lively entertainment options, making it a top choice for young professionals and urbanites alike.

Property Overview

High-Floor Sanctuary with Sweeping Northern Views

Suite 3605 is a sophisticated 2-bedroom, 2-bathroom residence perched on the 36th floor, offering breathtaking and unobstructed northern views. Spanning 628 sq.ft. of efficiently designed living space, the unit features a modern open-concept layout that maximizes every inch. As a motivated distress sale, the property is priced significantly below the original contract price, offering a buyer a unique entry point into a luxury building at a fraction of the market cost.

The Building & Lifestyle

Modern Luxury at Line 5 Condos

Line 5 is designed to reflect the energy of the city, offering residents a lifestyle focused on convenience and high-end amenities. The building features an innovative social club, a dedicated co-working space, a state-of-the-art fitness center, and stunning outdoor terraces with pool and BBQ areas. This suite provides a perfect balance of private comfort and social connectivity, tailored for the modern Toronto lifestyle.

Investment Value

Strategic Acquisition Below Market Cost

At an asking price of $855,000, this unit represents incredible value for a high-floor 2-bedroom suite in a premier Toronto development. Breaking down to approximately $1,361 per square foot for a 36th-floor unit, this price is extremely competitive for the Yonge and Eglinton corridor. With the seller highly motivated to assign this unit below their original investment cost, this is an ideal chance for a savvy investor or end-user to capitalize on a distressed market situation.

Conclusion

Capitalize on This Rare Opportunity at 117 Broadway

Line 5 Suite 3605 offers the rare combination of luxury, height, and value. Whether you are looking for a high-performing rental asset or a modern home in the sky, this distress sale is a standout opportunity that won’t last long. With its prime 36th-floor position and a price point designed for a quick sale, now is the time to secure your future in one of Toronto’s most iconic new developments. Contact us today for more details on this assignment.


Summary

  • Address: 117 Broadway Avenue, Toronto
  • Project: Line 5 Condos (Suite 3605)
  • Neighborhood: Mount Pleasant West (Yonge & Eglinton)
  • Size: 628 SQFT
  • Configuration: 2 Bed, 2 Bath
  • Exposure: North
  • Level: 36
  • Parking: yes
  • Locker: no
  • Asking Price: $855,000 (Distress Sale – Below Purchase Price)
  • Price Per Square Foot: $1,361 PSF

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300 Richmond St W #300, Toronto, ON M5V 1X2

   

inquiries@Condoy.com

  

(416) 599-9599

We are independent realtors® with Home leader Realty Inc. Brokerage in Toronto. Our team specializes in pre-construction sales and through our developer relationships have access to PLATINUM SALES & TRUE UNIT ALLOCATION in advance of the general REALTOR® and the general public. We do not represent the builder directly.


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