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Key Facts
Key facts for 1937 Lawrence Ave W
Property Type
Commercial
Parking
None
MLS #
W7244424
Size
-
Basement
Y
Listed on
-
Lot size
50 x 100.00
Tax
$2,995.30 /yr
Days on Market
-
Approximate Age
New
Maintenance Fee
$3,750/mo
Description
Take advantage of CMHC multi-family financing to acquire this brand new legal five-plex with estimated gross rents of $156,600 per year and cashflow of approximately $954.00 per month. 5 self-contained units with private entrances separate utilities, onsite parking and in-unit laundry. Unit make-up ...consists of 2x2 bed/2 bath, 2x1 bed/1 bath and 1x2 bed/1 bath. Situated a short distance from Downtown Toronto, property offers quick access to 401, shopping, and Weston Station Go Transit and up Express. Home warranty included. Rents can be reset yearly. Outstanding area with future Weston Park Development nearby. Financials available upon request. Additional Properties Available for Portfolio Acquisition. 120K HST rebate not included in price. Current CMHC terms offer 40 year amortization, 83% LTV and 4.2% interest rate (As of Nov 6, 2023).
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