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.
Address
1925 Lawrence Avenue W
List Price
$5,100,000
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Area
Toronto W04
Sub-Area
Weston
County
Toronto
Bedrooms
8 + 4
Bathrooms
12
Lot Size Source
Survey
Lot Depth
98.91
Lot Size Units
Feet
Lot Width
80.25
Approx. Age
New
MLS® Number
W12058369
Listing Brokerage
SOTHEBY`S INTERNATIONAL REALTY CANADA
Basement Area
Finished with Walk-Out, Separate Entrance
Postal Code
M9N 1G8
Parking
Private
Parking Places (Total)
6
Tax Year
2025
Exterior Features
Landscaped
Interior Features
ERV/HRV, Floor Drain, Sump Pump, Separate Hydro Meter, Separate Heating Controls
Property Features
Public Transit, School, Rec./Commun.Centre, Park, Place Of Worship, Library
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Stucco (Plaster)
Direction Faces
South
Foundation Details
Poured Concrete
Garage Type
None
Kitchens Total
8
Pool Features
None
Roof
Asphalt Shingle
Security Features
Smoke Detector
View Type
City, Downtown
Sewer
Sewer