57 Westwood Avenue
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. Appointment required before walking the site.
Features of 57 Westwood Avenue
| MLS® # | E12632770 |
|---|---|
| Price | $3,535,723 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Investment |
| Status | Active |
Community Information
| Address | 57 Westwood Avenue |
|---|---|
| Area | Toronto |
| Neighborhood | Broadview North |
| City | Toronto E03 |
| Province | ON |
| Postal Code | M4K 2A7 |
Amenities
| Garage Type | None |
|---|
Interior
| Heating | Gas Forced Air Open |
|---|---|
| Cooling | Yes |
| Fireplace | No |
Listing Details
| Office | SOTHEBY'S INTERNATIONAL REALTY CANADA |
|---|
