Newly completed, stabilized purpose-built rental asset at 462 Northcliffe Blvd, featuring a three-storey multi-unit residential building with a self-contained rear garden suite. Generating $13,475/month. The building comprises four spacious three-bedroom residential units together with a bachelor garden suite. The project was designed for and conforms to CMHC MLI Select guidelines, incorporating energy-efficient construction and modern building standards. The configuration and design support long-term operational efficiency and institutional-style underwriting, subject to CMHC program criteria, debt service coverage, lender approval, and final financing terms.Located in an established Toronto neighbourhood with proximity to transit, parks, schools, and local amenities. Well suited for investors seeking a newly completed, low-maintenance rental asset with immediate lease-up potential and long-term financing optionality through CMHC MLI Select.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
0 sq. ft. Square Feet
Total Area:
0 sq. ft.0 m2
Lot Depth:
114'1½"34.8 m
Lot Frontage:
25'7.62 m
Water supply:
Municipal
Zoning:
RM (f12.0; u4; d0.8) (x252)
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
January 2026
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$0 /
2025
Assessment:
$- /
-
Toronto
Toronto C03
Oakwood Village
All existing appliances: 5x Fridge, 5x Stove, 5x Microwave, 5x Dishwasher, 5x Washer/Dryer, All existing ELFs, All existing window coverings.
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