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Home ON Greater Toronto Area Toronto East York Broadview North
57 WESTWOOD AVENUE
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57 WESTWOOD AVENUE $3,535,723.15
11 hours ago
$3,535,723
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57 WESTWOOD AVENUE
Toronto (Broadview North), Ontario M4K2A7

MLS® Number: E12632770

Listing Description

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. Buyer to verify all permits, approvals, zoning compliance, construction terms, and financing eligibility. Appointment required before walking the site. (41818599)

Location Description

Cross Streets: Broadview/Mortimer. ** Directions: Follow your GPS.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Broadview North
Land Size
30 x 110 FT
Annual Property Taxes
$0
Time on REALTOR.ca
11 hours

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Land

Lot Features
Frontage
30 ft
Land Depth
110 ft
Other Property Information
Zoning Description
RS (f10.5; a325; d0.75) (x312)
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