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462 Northcliffe Boulevard Toronto, Ontario M6E 3L2

Fully Air Conditioned Forced Air

$2,667,077.61

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. (id:61852)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

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

Building

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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