$5,100,000
Available - For Sale
Listing ID: W12058628
1925 Lawrence Aven West , Toronto, M9N 1G8, Toronto
| 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. |
| Price | $5,100,000 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy by: | Vacant |
| Address: | 1925 Lawrence Aven West , Toronto, M9N 1G8, Toronto |
| Postal Code: | M9N 1G8 |
| Province/State: | Toronto |
| Legal Description: | TBD |
| Directions/Cross Streets: | Lawrence Avenue West & Jane Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 3927.84 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | New |
| Financial Statement: | T |
| Chattels: | T |
| Water Expense: | $3600 |
| Net Income Before Debt: | $204906 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Soil Test: | Environmenta |
| Clear Height Feet: | 9 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SOTHEBY`S INTERNATIONAL REALTY CANADA |
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HANIF ARKIAN
Broker
Dir:
416-871-6060
Bus:
416-798-7777
Fax:
905-660-5393
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto W04 |
| Neighbourhood: | Weston |
| Approximate Age: | New |
| Fireplace: | N |
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