57 Westwood Avenue, Toronto E03, ON

$3,535,723

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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

OfficeSOTHEBY'S INTERNATIONAL REALTY CANADA

Listing Map

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