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$4,999,900
Available - For Sale
Listing ID: W12058369
Take advantage of CMHC multifamily financing offering assumable 50 year amortized mortgage, estimated 82.7% loan-to-value and 3.8% rate. This brand new legal 8 unit project offers estimated gross rents of $259,200 per year. The property features eight separately self-contained units, all with private entrances, separate utilities, and in-unit laundry. Top-floor units consist of 2 bedrooms plus den, 2 bathrooms (1ensuite) and walk-out balconies. Main-floor units offer 2 bedrooms, 2 bathrooms (1 ensuite) with large storage room and rear balcony. Lower floors consist of two 1-bedroom, 1-bathroom units. Rear lower units include private patios. All units feature custom kitchens, stainless steel appliances, high-efficiency HVAC systems and open-concept designs. Located a short distance from downtown Toronto, the property provides quick access to the Highway 400 series, restaurants, shopping and just a short walk to the Weston GO Station. Estimated financials available upon request. Anticipated June 2025 completion. Builder Warranty Included.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $64,750 $129,500 $194,250 $259,000
First Mortgage $1,230,250 $1,165,500 $1,100,750 $1,036,000
CMHC/GE $33,831.88 $23,310 $19,263.13 $0
Total Financing $1,264,081.88 $1,188,810 $1,120,013.13 $1,036,000
Monthly P&I $5,413.96 $5,091.58 $4,796.93 $4,437.11
Expenses $0 $0 $0 $0
Total Payment $5,413.96 $5,091.58 $4,796.93 $4,437.11
Income Required $203,023.68 $190,934.29 $179,884.85 $166,391.54

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SOTHEBY`S INTERNATIONAL REALTY CANADA

1925 Lawrence Aven West , Toronto, M9N 1G8, Toronto

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto W04
Neighbourhood: Weston
Style: 2-Storey
Lot Size: x 98.91(Feet)
Approximate Age: New
Tax: $0
Maintenance Fee: $0
Beds: 8+4
Baths: 12
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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