462 Northcliffe Blvd, Toronto, Ontario

Purpose-Built Rental

462 Northcliffe Blvd, Toronto, ON

  • CA$2,667,078
  • 2,853 sq.ft. Land

Purpose-Built Rental

462 Northcliffe Blvd, Toronto, ON

  • CA$2,667,078
  • 2,853 sq.ft. Land

Key Facts

  • MLS® #: C12632764
  • Property ID: SIRC3013577
  • Property Type: Commercial, Multi-Family Home
  • Lot Size¹: 2,853 sq.ft.

Property Description

Newly completed, purpose-built rental asset at 462 Northcliffe Blvd, featuring a three-storey multi-unit residential building with a self-contained rear garden suite. Final occupancy has been issued. The property is brand new construction with first occupancy and is currently vacant, offering the ability to deliver either vacant possession or a stabilized rental asset, subject to buyer preference.

The building comprises four spacious three-bedroom residential units together with a bachelor garden suite, all exempt from rent control. 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.

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Location

462 Northcliffe Blvd, Toronto, Ontario, M6E 3L2 Canada

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

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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.
¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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