57 WESTWOOD AVENUE, Toronto (Broadview North)

2025-12-14
 

Quick Summary

Location
57 WESTWOOD AVENUE, Toronto (Broadview North), Ontario M4K2A7
Price
$3,535,723 CAD
Status:
For Sale
Property Type:
Multi-family

MLS®#E12632770

Property Description

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. (id:32467)

Property Features

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 30 x 110 FT

Zoning

  • Description: RS (f10.5; a325; d0.75) (x312)

Information entered by SOTHEBY'S INTERNATIONAL REALTY CANADA
Listing information last updated on: 2026-02-06 17:02:51


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