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$5,225,000
Available - For Sale
Listing ID: W11944586
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.
Price $5,225,000
Taxes: $0
Tax Type: Annual
Occupancy by: Vacant
Address: 1925 Lawrence Ave West , Toronto, M9N 1G8, Ontario
Postal Code: M9N 1G8
Province/State: Ontario
Legal Description: TBD
Lot Size: 80.25 x 98.91 (Feet)
Directions/Cross Streets: Lawrence Avenue West & Jane Street
Zoning: RM (x475)
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 7,937.53
Total Area Code:  Sq Ft
Area Influences: Major Highway   Public Transit
Approximatly Age: New
Financial Statement: Y
Chattels: Y
Franchise: N
Taxes Expense: $18000
Insurance Expense: $5000
 Management Expense: 16158
Maintenance: 11,536
Water Expense: $3600
Gross Income/Sales: $259200
Operating Expenses: $54294
Net Income Before Debt: $204906
Year Expenses: 2025
Expenses Actual/Estimated: $Est
Sprinklers: N
Outside Storage: N
Rail: N
Crane: N
Soil Test: Envirn Audit
Clear Height Feet: 9
Heat Type: Elec Forced Air
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SOTHEBY`S INTERNATIONAL REALTY CANADA

1925 Lawrence Ave West , Toronto, M9N 1G8, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto
Neighbourhood: Weston
Style:
Lot Size: 80.25 x 98.91(Feet)
Approximate Age: New
Tax: $0
Maintenance Fee: $11,536
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Baths: 12
Garage: 0
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