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$2,700,000
Available - For Sale
Listing ID: C12171058
Nestled in the heart of Torontos historic Englemount-Lawrence neighbourhood sits a building that has witnessed transformation, resilience, and revival. 12 Fraserwood Avenue is more than bricks and mortar its a symbol of enduring opportunity. This is a multi-residential building comprising of six self-contained, spacious, bright, and thoughtfully upgraded units to meet todays tenant expectations. Five 2-Bedrom units approx 1,500sf each and One 1-bedroom approx 900sf. Step into any of the suites, and you're greeted by light. Oversized windows filter daylight through each unit, bouncing off luxury laminate (or hardwood) flooring and softly touching the clean lines of quartz countertops in the updated kitchens. Some units have been completely gutted and renovated a testament to the current owners commitment to quality. Others blend classic charm with modern function, offering a diversity of layouts that appeal to a wide range of tenants. The property is a short 9 min walk to Lawrence West Subway Station and within proximity to multiple well-regarded schools, including Glen Park Public School, St. Margaret Catholic School, and John Polanyi Collegiate Institute, as well as private and faith-based institutions such as Yeshiva Bnei Zion of Toronto and Loretto Abbey Catholic Secondary School. These institutions draw families to the area and ensure long-term stability in tenancy demand. As the city pulses with new growth and change, this building stands as a testament to thoughtful investment and the long game in real estate. Today, it waits for its next chapter and perhaps its next visionary with possible opportunities to build a 4th floor extension with brand new units that will not be subject to rent control. The dream awaits!
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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 $42,495 $84,990 $127,485 $169,980
First Mortgage $807,405 $764,910 $722,415 $679,920
CMHC/GE $22,203.64 $15,298.2 $12,642.26 $0
Total Financing $829,608.64 $780,208.2 $735,057.26 $679,920
Monthly P&I $3,553.15 $3,341.57 $3,148.19 $2,912.04
Expenses $0 $0 $0 $0
Total Payment $3,553.15 $3,341.57 $3,148.19 $2,912.04
Income Required $133,243.11 $125,308.92 $118,057.25 $109,201.67

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

12 Fraserwood Aven , Toronto, M6B 2N4, 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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Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto C04
Neighbourhood: Englemount-Lawrence
Style: 3-Storey
Lot Size: x 133.00(Feet)
Approximate Age:
Tax: $12,000
Maintenance Fee: $0
Beds: 16+6
Baths: 11
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
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

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

 

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