





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:63357)
Property Details
- Property Type
- Multi-Unit
- Living Area
- 0 sqft
- Status
- Active
Location & Neighborhood
Explore what's nearby 57 WESTWOOD AVENUE
- 97m
Burley Avenue
5767 - 0.1 km
Logan Avenue
5788 - 0.3 km
Bater Avenue
- 0.3 km
Mortimer Avenue
- 0.3 km
Broadview Avenue
5766
Explore More in Toronto (Broadview North)
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