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$ 5,225,000
Est. payment /mo
Active
1925 Lawrence AVE W Toronto W04, ON M9N 1G8
12 Baths
7,937 SqFt
UPDATED:
02/14/2025 09:36 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,937 sqft
Price per Sqft $658
Subdivision Weston
MLS Listing ID W11944586
Tax Year 2025
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Toronto
Community Weston
Area Toronto
Zoning RM (x475)
Interior
Cooling Yes
Inclusions 8 x Refrigerator, 8 x Stove, 8 x Hood Fan, 8 x Dishwasher, 8 x Washer/Dryer.
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 80.25
Lot Depth 98.91
Others
Security Features No
Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA