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462 Northcliffe Boulevard Toronto, Ontario M6E 3L2

Fully Air Conditioned Forced Air

$2,667,077.61

Newly completed, purpose-built rental asset at 462 Northcliffe Blvd, featuring a three-storey multi-unit residential building with a self-contained rear garden suite. Final occupancy has been issued. The property is brand new construction with first occupancy and is currently vacant, offering the ability to deliver either vacant possession or a stabilized rental asset, subject to buyer preference.The building comprises four spacious three-bedroom residential units together with a bachelor garden suite, all exempt from rent control. 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. (id:61852)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number C12632764
Property Type Multi-family
Neigbourhood Oakwood Village
Community Name Oakwood Village

Building

Appliances Dishwasher, Dryer, Microwave, Washer, Window Coverings
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 114 Ft ,1 In
SizeFrontage 25 Ft
SizeIrregular 25 X 114.12 Ft
SizeTotalText 25 X 114.12 Ft
ZoningDescription Rm (f12.0; U4; D0.8) (x252)

https://www.realtor.ca/real-estate/29185825/462-northcliffe-boulevard-toronto-oakwood-village-oakwood-village

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Daniel Kim
Salesperson


Sotheby's International Realty Canada
1867 Yonge Street Ste 100
Toronto, Ontario M4S 1Y5

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