3928 sqft
Fully Air Conditioned
Forced Air
$4,999,900
Take advantage of CMHC multifamily financing offering assumable 50 year amortized mortgage, estimated 82.7% loan-to-value and 3.8% rate. This brand new legal 8 unit project offers estimated gross rents of $259,200 per year (4% cap rate). 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 June 2025 completion. Builder Warranty Included. (id:55499)
Business
Business Type
|
Residential |
Business Sub Type
|
Apartments |
Property Details
MLS® Number
|
W12058628 |
Property Type
|
Multi-family |
Community Name
|
Weston |
Amenities Near By
|
Highway, Public Transit |
Building
Age
|
New Building |
Appliances
|
Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator |
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Size Interior
|
3928 Sqft |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Highway, Public Transit |
Sewer
|
Sanitary Sewer |
Size Depth
|
98 Ft ,10 In |
Size Frontage
|
80 Ft ,3 In |
Size Irregular
|
80.25 X 98.91 Ft |
Size Total Text
|
80.25 X 98.91 Ft |
Zoning Description
|
Rm (x475) |
https://www.realtor.ca/real-estate/28113232/1925-lawrence-avenue-w-toronto-weston-weston