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... Show More
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. Builder Warranty Included. Exterior Picture is Rendering. Interior Photos are of Similar Property.
Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Living
13′1″ x 22′1″
2nd Br
8′1″ x 10′0″
Prim Bdrm
12′3″ x 10′7″
Den
3′1″ x 5′5″
2nd Br
8′1″ x 10′0″
Prim Bdrm
12′3″ x 10′7″
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
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For Sale Nearby
Sold Nearby
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