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 (1ensuite) 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. (id:61015)
MLS® Number | W12058369 |
Property Type | Multi-family |
Neigbourhood | Weston |
Community Name | Weston |
Amenities Near By | Public Transit, Schools, Park, Place Of Worship |
Community Features | Community Centre |
Equipment Type | Water Heater |
Features | Flat Site, Sump Pump |
Parking Space Total | 6 |
Rental Equipment Type | Water Heater |
View Type | City View |
Bathroom Total | 12 |
Bedrooms Above Ground | 8 |
Bedrooms Below Ground | 4 |
Bedrooms Total | 12 |
Age | New Building |
Amenities | Separate Electricity Meters, Separate Heating Controls |
Appliances | Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator |
Basement Development | Finished |
Basement Features | Separate Entrance, Walk Out |
Basement Type | N/a (finished) |
Cooling Type | Central Air Conditioning |
Exterior Finish | Stucco |
Fire Protection | Smoke Detectors |
Foundation Type | Poured Concrete |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 1,500 - 2,000 Ft2 |
Type | Other |
Utility Water | Municipal Water |
No Garage |
Acreage | No |
Land Amenities | Public Transit, Schools, Park, Place Of Worship |
Landscape Features | Landscaped |
Sewer | Sanitary Sewer |
Size Depth | 98 Ft ,10 In |
Size Frontage | 80 Ft ,3 In |
Size Irregular | 80.3 X 98.9 Ft |
Size Total Text | 80.3 X 98.9 Ft |
Zoning Description | Rm (x475) |
https://www.realtor.ca/real-estate/28112580/1925-lawrence-avenue-w-toronto-weston-weston
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