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    For Sale - 57 Westwood Avenue, Toronto, Ontario

    Est payment $16,978/mo
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    Views   2
    Time on Jump  229 day

    AI Summary *

    • Purpose-built seven-plex designed for efficient rental income generation.
    • Includes a self-contained garden suite for additional rental opportunities.
    • Located in a solid East York neighborhood close to transit and amenities.
    • Energy-efficient construction designed with modern financial considerations in mind.
    • Ideal for investors looking for a fixed-price construction and long-term rentals.




    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. 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

    * 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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    57 Westwood Avenue
    Toronto , Ontario
    $3,535,723
    Get more info