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    For Sale - 6244 Kingston Road, Toronto, Ontario

    Est payment $10,564/mo
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    Views   1
    Time on Jump  72 day

    AI Summary *

    • Exciting opportunity to develop 20 rental units in Highland Creek.
    • Zoning certificate included, simplifying the development process.
    • Potential for 90% construction loan from CMHC with conditions.
    • Ability to secure mortgage at below market rate post-occupancy.
    • Recent city meeting on development held, keeping you informed.




    Great rental apt development opportunity in the dynamic highland creek community! We sell w zap in your hand to create 20 rental unit . Zoning certificate included in the price. Get the permit and have 90% construction loan from cmhc(some condition applies). At the final after occupancy you can have mortgage from cmhc with less than the market rate and be owner with $ 0 on the property. Great investment property. The pac meeting with city on nov18 has been done.
    Listing IDE12969192
    Address6244 Kingston Road
    CityToronto, Ontario
    Price$2,200,000
    Bed / Bath2 / 2 Full
    StyleBungalow, Detached
    ConstructionBrick
    Land Size26554
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Carpet FreeOwnership FreeholdBasement Partially Finished, Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel OilSewer Septic

    Parking 11.00
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    Listing Agency:  RE/MAX REALTRON 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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    6244 Kingston Road
    Toronto , Ontario
    2 2 $2,200,000
    Get more info