Lawrence Avenue West & Jane Street Take advantage of CMHC multifamily financing offering assumable 50 year amortized mortgage, estimated 82.7% loan-to-value and 3.8% rate. This brand new legal 8 unit project offers estimated gross rents of $259,200 per year (4% cap rate). 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 June 2025 completion. Builder Warranty Included. (id:27476)
