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 (4% cap rate). 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. (id:61015)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | W12058628 |
Property Type | Multi-family |
Neigbourhood | Weston |
Community Name | Weston |
Amenities Near By | Highway, Public Transit |
Age | New Building |
Appliances | Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 3,928 Ft2 |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Highway, Public Transit |
Sewer | Sanitary Sewer |
Size Depth | 98 Ft ,10 In |
Size Frontage | 80 Ft ,3 In |
Size Irregular | 80.25 X 98.91 Ft |
Size Total Text | 80.25 X 98.91 Ft |
Zoning Description | Rm (x475) |
https://www.realtor.ca/real-estate/28113232/1925-lawrence-avenue-w-toronto-weston-weston
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman