147 Euclid Avenue, Toronto, ON M6J 2J8
- $1
- 5
- BD
- 3
- BA
- List Price
- $1
- MLS#
- C13694132
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Triplex
- Style
- 2-Storey
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 5000 +
- Province
- ON
- Municipality
- Toronto
- Area
- Toronto
- Neighborhood
- Trinity-Bellwoods
- Subdivision
- Queen - Bathurst
Property Description
**SHOVEL-READY 7-UNIT DEVELOPMENT OPPORTUNITY**One-of-a-kind, permit-ready opportunity for investors and builders! Start construction immediately on this beautifully designed **7-unit purpose-built rental project**, featuring a **6-unit main building plus a separate two-storey laneway house**.The approximately **4,610 sq. ft. main building** features a thoughtfully designed unit mix of **four 2-bedroom units and two 1-bedroom units**. The separate **1,230 sq. ft. laneway house** is a two-storey residence featuring **3 bedrooms and 3 bathrooms**.**CMHC financing package available and ready for application** for this purpose-built rental development. The project offers projected **Effective Gross Revenue (EGR) of $271,212 annually**, or approximately **$38,745 per unit**, with projected **Net Operating Income (NOI) of $220,686 annually**, or approximately **$31,527 per unit**.An exceptional opportunity to acquire a **shovel-ready, permit-ready development** with a strong projected income profile and attractive long-term rental potential. Ideal for investors, builders, and developers looking for a turnkey purpose-built rental project.**6-Plex + Laneway House | 7 Units | 4 x 2-Bed + 2 x 1-Bed + 1 x 3-Bed | Approx. 5,840 Sq. Ft. Total GFA | Permit Ready | CMHC Package Available | Projected NOI $220,686**
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Additional Information
- Taxes
- $8,295
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Family Room
- Yes
- Kitchens
- 3
- Exterior
- Brick
- Garage Spaces
- 1
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 1
- Parking Type
- Lane
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Listing courtesy of PAM REALTY LTD..