Take advantage of CMHC multifamily financing offering assumable 50 year amortized mortgage, estimated 81% loan-to-value and 3.8% rate. This brand new legal 8 unit project offers estimated gross rents of $259,200 per year. The property features eight separately self-contained units, all with private entrances, separate utilities, and in-unit laundry. Top-floor units consist of 2 bedrooms plus den, 2 bathrooms (1 ensuite) and walk-out balconies. Main-floor units offer 2 bedrooms, 2 bathrooms (1 ensuite) with large storage room and rear balcony. Lower floors consist of two 1-bedroom, 1-bathroom units. Rear lower units include private patios. All units feature custom kitchens, stainless steel appliances, high-efficiency HVAC systems and open-concept designs. Located a short distance from downtown Toronto, the property provides quick access to the Highway 400 series, restaurants, shopping and just a short walk to the Weston GO Station. Estimated financials available upon request. Anticipated March 2025 completion. **EXTRAS** Builder Warranty Included. Exterior Picture is Rendering. Interior Photos are of Similar Property.
Property Type:
Freehold
Freehold Type:
Multiplex
Home Style:
2-Storey
Approx. Age:
New
Depth:
98'11"30.1 m
Frontage:
80'3"24.5 m
Exposure:
South
Bedrooms:
8+4
Bathrooms:
12.0
Water supply:
Municipal
Kitchens:
4
Kitchens in Basement:
4
Rooms:
12
Rooms Below Grade:
8
Fractional Ownership:
No
Zoning:
RM (x475)
Heating type:
Forced Air
Heating Fuel:
Electric
Basement:
Fin W/O, Sep Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0
Parking Spaces:
6
Total Parking Spaces:
6
Driveway:
Lane
Family Room:
N
Possession Details:
TBD
Taxes:
$0 /
2025
Assessment:
$- /
-
Floor
Type
Size
Other
Upper
Living
22'1¼"6.74 m × 13'1"4.00 m
Combined W/Dining, Combined W/Kitchen
Upper
2nd Br
10'3.05 m × 8'1"2.47 m
-
Upper
Prim Bdrm
12'4"3.75 m × 10'7"3.23 m
-
Upper
Den
5'5"1.65 m × 3'1½".95 m
-
Main
2nd Br
10'3.05 m × 8'1"2.47 m
-
Main
Prim Bdrm
12'4"3.75 m × 10'7"3.23 m
-
Main
Living
23'7.01 m × 13'1"4.00 m
Combined W/Dining, Combined W/Kitchen
Lower
Prim Bdrm
9'6⅛"2.90 m × 8'1"2.46 m
-
Lower
Living
17'5.18 m × 9'8"2.94 m
Combined W/Dining, Combined W/Kitchen
Lower
Prim Bdrm
8'4"2.53 m × 8'1"2.47 m
-
Lower
Living
17'5.18 m × 8'2"2.50 m
Combined W/Dining, Combined W/Kitchen
Floor
Ensuite
Pieces
Other
Lower
-
4
X4
Main
-
4
X4
Upper
-
4
X4
Hospital, Park, Place Of Worship, Public Transit, Rec Centre, School
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