57 Westwood Ave, Toronto, Ontario

Commercial for Sale in Toronto

57 Westwood Ave, Toronto, ON

  • CA$3,535,723
  • 0 BEDS
  • 0 BATHS
  • 3,300 sq.ft. Land
  • CA$3,535,723

Commercial for Sale in Toronto

57 Westwood Ave, Toronto, ON

  • CA$3,535,723
  • 0 BEDS
  • 0 BATHS
  • 3,300 sq.ft. Land
  • CA$3,535,723

Key Facts

  • MLS® #: E12632770
  • Property ID: SIRC3013576
  • Property Type: Commercial, Retail
  • Lot Size: 3,300 sq.ft.

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. Buyer to verify all permits, approvals, zoning compliance, construction terms, and financing eligibility. Appointment required before walking the site.

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Location

57 Westwood Ave, Toronto, Ontario, M4K 2A7 Canada

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Marketed By

Sotheby’s International Realty Canada
1867 Yonge Street, Suite 100
Toronto, Ontario, M4S 1Y5

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