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. 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.
Address
1925 Lawrence Avenue W
List Price
$5,100,000
Property Type
Commercial
Type of Dwelling
Investment
Area
Toronto W04
Sub-Area
Weston
County
Toronto
Lot Size Source
GeoWarehouse
Lot Depth
98.91
Lot Type
Lot
Lot Size Units
Feet
Lot Width
80.25
Approx. Age
New
MLS® Number
W12058628
Listing Brokerage
SOTHEBY`S INTERNATIONAL REALTY CANADA
Postal Code
M9N 1G8
Tax Year
2025
Community Features
Major Highway, Public Transit
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
None
Security Features
No
Sewer
Sanitary