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    For Sale - 282 Westlake Avenue, Toronto, Ontario

    Est payment $5,998/mo
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    Views   1
    Time on Jump  1 days

    AI Summary *

    • Shovel-ready multiplex conversion project with all permits issued and paid.
    • Plans include 4 self-contained residential units and a separate garden suite.
    • Interior demolition complete, exterior excavation already in progress.
    • Located near Woodbine Station, great rental demand in the area.
    • Estimated NOI of approximately $140k/year upon project completion.




    Attention builders & investors!!! Shovel-ready 4+1 multiplex conversion at 282 westlake ave in toronto's sought-after woodbine-lumsden pocket. All building permits issued and paid for a 3-storey, 4-unit residential multiplex (front & rear additions + third storey) plus a separate 2-storey garden suite (2-bed + den) at the rear. Five self-contained 2 bedroom or larger residential units. Interior demolition is complete and exterior excavation has begun. This is not a concept or a proposal, it's a fully permitted project ready to go!. Approved plans deliver a 2-bedroom basement unit, three large 2-bedroom units on the main, second and third floors, and a standalone 2 bedroom + den garden suite. Located just a 15-minute walk to woodbine station , with strong rental demand and excellent tenant profile. Current projections estimate an noi of approximately $140k/year upon completion. Buyers are encouraged to conduct their own due diligence on all costs, projections, and construction timelines. Full project documentation, architectural and structural drawings, survey etc. Available on request. **exterior rendering is ai generated.
    Listing IDE12943268
    Address282 Westlake Avenue
    CityToronto, Ontario
    Price$1,249,000
    Bed3
    Style2-Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneOwnership FreeholdBasement UnfinishedFoundation BlockHeating / Cooling OtherHeating Fuel OtherSewer Sewer

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    Listing Agency:  ELEVATE REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    282 Westlake Avenue
    Toronto , Ontario
    3 $1,249,000
    Get more info