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$ 2,667,077
Est. payment | /mo
$ 2,667,077
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Municipality Toronto C03
Subdivision Oakwood Village
MLS Listing ID C12632764
Tax Year 2025
Property Sub-Type Investment
Property Description
Newly completed, stabilized purpose-built rental asset at 462 Northcliffe Blvd, featuring a three-storey multi-unit residential building with a self-contained rear garden suite. Generating $13,475/month. The building comprises four spacious three-bedroom residential units together with a bachelor garden suite. The project was designed for and conforms to CMHC MLI Select guidelines, incorporating energy-efficient construction and modern building standards. The configuration and design support long-term operational efficiency and institutional-style underwriting, subject to CMHC program criteria, debt service coverage, lender approval, and final financing terms.Located in an established Toronto neighbourhood with proximity to transit, parks, schools, and local amenities. Well suited for investors seeking a newly completed, low-maintenance rental asset with immediate lease-up potential and long-term financing optionality through CMHC MLI Select.
Location
Province ON
County Toronto
Community Toronto C03
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 25.0
Lot Depth 114.12
Others
ParcelsYN No
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
NEARBY SCHOOL & BUSINESS
4145 North Service Road Unit 2, L7L6A3, Burlington, Ontario, Canada