| 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. |
| Price | $2,667,077.61 |
| Taxes: | $0.00 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 462 Northcliffe Boulevard , Toronto, M6E 3L2, Toronto |
| Postal Code: | M6E 3L2 |
| Province/State: | Toronto |
| Legal Description: | Lt 41 Pl 1670 Twp Of York S/t + T/w CY50 |
| Directions/Cross Streets: | Dufferin and Rogers |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 0.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SOTHEBY'S INTERNATIONAL REALTY CANADA |
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| Book Showing | Email a Friend |
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto C03 |
| Neighbourhood: | Oakwood Village |
| Fireplace: | N |