462 NORTHCLIFFE BOULEVARD|Toronto (Oakwood Village), Ontario M6E3L2

CAD 2,667,077
For Sale MLS: C12632764

Property Details

Property Type

Multi-family

Description

MLS Number: C12632764

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: N/A • Bathrooms: N/A • Building Type: Multi-Family • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: N/A • Parking Spaces: N/A

Description: Pre-construction purpose-built rental redevelopment opportunity at 462 Northcliffe Blvd. The property is proposed as a three-storey multi-unit residential building with a self-contained rear garden suite, offered as a fixed-price construction project pursuant to the builder's construction agreement. Architectural drawings and renderings are available for review. The proposed design contemplates a comprehensive rebuild and vertical expansion, including new residential accommodation across multiple storeys and a separate garden suite located at the rear of the lot. The layouts emphasize efficient unit design, individual kitchens and bathrooms, and modern building standards, as illustrated in the architectural plans. The project has been designed with energy efficiency and CMHC MLI Select underwriting considerations in mind, which may provide a potential pathway to insured take-out financing upon stabilization, subject to CMHC program criteria, scoring, debt service coverage, and lender approval. No representation or warranty is made regarding CMHC eligibility, financing terms, or loan-to-value outcomes. Located in an established Toronto neighbourhood with proximity to transit, schools, parks, and local amenities. Intended for build-to-hold investors seeking long-term rental income and cost certainty through a pre-construction structure. Architectural drawings and additional information available upon request. Buyer to verify all permits, approvals, zoning compliance, construction scope, and financing eligibility. Appointment required before walking the site. (41818589)

Agent Information: • Agents: DANIEL KIM • Contact: 437-343-4999; 437-343-4999 • Brokerage: SOTHEBY'S INTERNATIONAL REALTY CANADA • Website: http://www.sothebysrealty.ca/

Time on Realtor: 2 days ago

Location

Address

462 NORTHCLIFFE BOULEVARD|Toronto (Oakwood Village), Ontario M6E3L2

City

Toronto (Oakwood Village)

Features and Finishes

None

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