For Sale: 57 Westwood Avenue, Toronto, ON - REW
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$3,535,723
0 bd • ba • sf • Multifamily
57 Westwood Avenue
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$3,535,723
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57 Westwood AvenueToronto, ON, M4K 2A7

Broadview North
  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Pre-construction purpose-built rental development in East York. 57 Westwood Ave is a fully designed seven-plex (six-unit detached multiplex with a self-contained rear garden suite), offered as a fixed-price construction opportunity conditional on the builder obtaining Development Permit and Building Permit approval. The proposed building consists of a three storey plus basement configuration with a mix of studio and larger residential units, together with a separate two-bedroom garden suite located at the rear of the property. The project has been designed with energy-efficient construction and CMHC MLI Select underwriting considerations in mind, providing a potential pathway to insured take-out financing upon stabilization, subject to CMHC program requirements, scoring, debt service coverage, and lender approval. No representation or warranty is made regarding CMHC eligibility or financing terms. Located in a well-established East York neighbourhood with strong rental fundamentals, proximity to transit, parks, schools, and local amenities. Intended for build-to-hold investors seeking long-term rental income and cost certainty through a fixed-price construction structure. Architectural drawings and additional information available upon request. Appointment required before walking the site. (id:63626)
Listed by: Daniel Kim, Salesperson, SOTHEBY`S INTERNATIONAL REALTY CANADA

Home facts and features

Price details
List Price
$3,535,723
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
110 feet
Frontage
30.0 feet
Heating Type
Forced air, Natural gas
Cooling
Fully air conditioned
Community
Agent details
Primary Agent
Daniel Kim
Primary Broker
SOTHEBY`S INTERNATIONAL REALTY CANADA
Listing details
Days on REW
179 Days
Property Views
31
MLS® Number
E12632770
Source
Canadian Real Estate Association
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Westwood Middle School
  • Public
  • 6 - 8
Chester Elementary School
  • Public
  • JK - 5
Jackman Avenue Junior Public School
  • Public
  • JK - 6
William Burgess Elementary School
  • Public
  • JK - 5
Claremont School
  • Private
  • 1 - 9
Frankland Community School
  • Public
  • JK - 6
Holy Name Catholic School
  • Catholic
  • JK - 8
Outward Bound Canada
  • Private
  • 11 - 12
Holy Cross Catholic School
  • Catholic
  • JK - 8
Wilkinson Junior Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Daniel Kim
Phone:
416-637-8000
Office:
416-960-9995
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