Take advantage of CMHC multi-family financing to acquire this brand new legal five-plex with estimated gross rents of $156,600 per year and cashflow of approximately $954.00 per month. 5 self-contained units with private entrances separate utilities, onsite parking and in-unit laundry. Unit make-up consists of 2x2 bed/2 bath, 2x1 bed/1 bath and 1x2 bed/1 bath. Situated a short distance from Downtown Toronto, property offers quick access to 401, shopping, and Weston Station Go Transit and up Express. Home warranty included. Rents can be reset yearly. Outstanding area with future Weston Park Development nearby. Financials available upon request. Additional Properties Available for Portfolio Acquisition. 120K HST rebate not included in price. Current CMHC terms offer 40 year amortization, 83% LTV and 4.2% interest rate (As of Nov 6, 2023). (id:24093)

"Based on information submitted to CREA as of December 8, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

Sidebar Fav/

Property Details of 1937 Lawrence West

Property Details

Basic Information

Property

Location

Map Location

Never Miss New Listings

Success!

Hi there! How can we help you?

Sidebar Fav/

Success!

Hi there! How can we help you?

Property Details of 1937 Lawrence West

Property Details

Basic Information

Property

Location

Map Location

Never Miss New Listings

Success!

Hi there! How can we help you?

Success!

Hi there! How can we help you?

Success!

Hi there! How can we help you?