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$ 5,225,000
Est. payment /mo
New
1925 Lawrence AVE W Toronto W04, ON M9N 1G8
12 Baths
7,937 SqFt
UPDATED:
01/30/2025 02:12 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 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.
Location
State ON
County Toronto
Community Weston
Area Toronto
Interior
Cooling Yes
Exterior
Garage Spaces 6.0
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