1925 Lawrence Av W - Apartments FOR SALE


Toronto, ON M9N 1G8- Weston
$5,225,000 CAD
1925 Lawrence Av W, Toronto, ON for Sale
$5,225,000 CAD
Apartments - FOR SALE
1/18
null | 3.92% Cap Rate

1925 Lawrence Av W
Toronto, ON M9N 1G8
Weston


HIGHLIGHTS

  • Separated Utilities for all Units
  • In-unit Laundry for all Units
  • Private Entrances for all Units
  • Builder Warranty Included
  • Modern, Open Concept Designs
  • Energy Efficient Design and Systems

OVERVIEW

Take advantage of CMHC multifamily financing offering a 50 year amortization, estimated 81% loan-to-value and 3.8% rate. This brand new legal eight 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 and 2 bathrooms (including 1 ensuite). The main-floor units offer 2 bedrooms and 2 bathrooms (including 1 ensuite) with a large storage room. Lower floors consist of two 1-bedroom, 1-bathroom units. 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.

FOR SALE DETAILS

PRICE

$5,225,000 CAD

PRICE/SF

$889 CAD /SF

# OF UNITS

8

PRICE/UNIT

$653,125

CAP RATE

3.92%

% LEASED

0%

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lawrence Avenue West 8-Unit

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,843 SF

ZONING

RM (x475)

APN/PARCEL ID

custom-4687208

ASK ABOUT THIS PROPERTY

Kevin SharpeSothebysMore Info

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