Primary photo of 57 WESTWOOD AVENUE, Toronto (Broadview North)
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Multi-Family For Sale

$3,535,723.15

57 WESTWOOD AVENUE

MLS® Number: E12632770

Floor Area

0

About This Property

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.

Property Details

Interior Details

Cooling

Fully air conditioned

Heating

Forced air, Natural gas

Living Area

0 sqft

Land & Location

City Region

Broadview North

Frontage Length

30.0 feet

Lot Size Dimensions

30 x 110 FT

Postal Code

M4K2A7

Listing & Financials

Listing Office

SOTHEBY'S INTERNATIONAL REALTY CANADA

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($707,145)
5.5%
25 Years

Estimated Monthly Payment

$17,370

Principal and interest only. Actual rates may vary.

Location & Map

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