For Sale - 57 Westwood Avenue, Toronto, Ontario

Est payment $17,526/mo
Views   1
Time on Jump  1 days
  • Purpose-built seven-plex in a well-established East York neighborhood.
  • Mix of studio and larger residential units for diverse tenant needs.
  • Energy-efficient construction designed with modern standards.
  • Proximity to transit, parks, schools, and local amenities.
  • Ideal for investors seeking long-term rental income opportunities.



Pre-construction purpose-built rental development in east york. 57 westwood ave is a fully designed seven-plex (six-unit detached multiplex with a self-contained rear garden suite), offered as a fixed-price construction opportunity conditional on the builder obtaining development permit and building permit approval. The proposed building consists of a three storey plus basement configuration with a mix of studio and larger residential units, together with a separate two-bedroom garden suite located at the rear of the property. The project has been designed with energy-efficient construction and cmhc mli select underwriting considerations in mind, providing a potential pathway to insured take-out financing upon stabilization, subject to cmhc program requirements, scoring, debt service coverage, and lender approval. No representation or warranty is made regarding cmhc eligibility or financing terms. Located in a well-established east york neighbourhood with strong rental fundamentals, proximity to transit, parks, schools, and local amenities. Intended for build-to-hold investors seeking long-term rental income and cost certainty through a fixed-price construction structure. Architectural drawings and additional information available upon request. Buyer to verify all permits, approvals, zoning compliance, construction terms, and financing eligibility. Appointment required before walking the site.
Listing IDE12632770
Address57 Westwood Avenue
CityToronto, Ontario
Price$3,535,723
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Gas Forced Air Open
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Listing Agency:  SOTHEBY'S INTERNATIONAL REALTY CANADA
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57 Westwood Avenue
Toronto , Ontario
$3,535,723
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