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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. **** EXTRAS **** Builder Warranty Included. Exterior Picture is Rendering. Interior Photos are of Similar Property. (id:58671)
MLS® Number | W11946459 |
Property Type | Multi-family |
Community Name | Weston |
AmenitiesNearBy | Public Transit, Hospital, Park, Schools, Place Of Worship |
CommunityFeatures | Community Centre |
EquipmentType | Water Heater |
Features | Flat Site, Lane, Sump Pump |
ParkingSpaceTotal | 6 |
RentalEquipmentType | Water Heater |
Structure | Patio(s), Porch, Deck |
ViewType | City View |
BathroomTotal | 12 |
BedroomsAboveGround | 8 |
BedroomsBelowGround | 4 |
BedroomsTotal | 12 |
Amenities | Separate Electricity Meters, Separate Heating Controls |
Appliances | Dishwasher, Dryer, Hood Fan, Refrigerator, Stove, Washer |
BasementDevelopment | Finished |
BasementFeatures | Separate Entrance, Walk Out |
BasementType | N/a (finished) |
ConstructionStatus | Insulation Upgraded |
CoolingType | Central Air Conditioning |
ExteriorFinish | Stucco |
FireProtection | Smoke Detectors |
FoundationType | Poured Concrete |
HeatingFuel | Electric |
HeatingType | Forced Air |
StoriesTotal | 2 |
Type | Other |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Public Transit, Hospital, Park, Schools, Place Of Worship |
LandscapeFeatures | Landscaped |
Sewer | Sanitary Sewer |
SizeDepth | 98 Ft ,10 In |
SizeFrontage | 80 Ft ,3 In |
SizeIrregular | 80.25 X 98.91 Ft |
SizeTotalText | 80.25 X 98.91 Ft |
ZoningDescription | Rm (x475) |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Lower Level | Living Room | 2.5 m | 5.18 m | 2.5 m x 5.18 m |
Lower Level | Primary Bedroom | 2.9 m | 2.46 m | 2.9 m x 2.46 m |
Lower Level | Living Room | 2.94 m | 5.18 m | 2.94 m x 5.18 m |
Lower Level | Primary Bedroom | 2.47 m | 2.53 m | 2.47 m x 2.53 m |
Main Level | Bedroom 2 | 3.05 m | 2.47 m | 3.05 m x 2.47 m |
Main Level | Primary Bedroom | 3.23 m | 3.75 m | 3.23 m x 3.75 m |
Main Level | Living Room | 7.01 m | 4 m | 7.01 m x 4 m |
Upper Level | Living Room | 6.74 m | 4 m | 6.74 m x 4 m |
Upper Level | Bedroom 2 | 3.05 m | 2.47 m | 3.05 m x 2.47 m |
Upper Level | Primary Bedroom | 3.23 m | 3.75 m | 3.23 m x 3.75 m |
Upper Level | Den | 1.65 m | 0.95 m | 1.65 m x 0.95 m |
https://www.realtor.ca/real-estate/27856623/1925-lawrence-avenue-w-toronto-weston-weston
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