1925 Lawrence Avenue West, Toronto | Image 1

1925 Lawrence Avenue West

Toronto, Weston

  • Commercial

$5,225,000
For Sale

Added 1 day ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: RM (x475)

  • Age: New

  • MLS®#: W11944586

  • Days on Site: 1 Days

  • Added: Jan 28, 2025 (1 day ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: SOTHEBY`S INTERNATIONAL REALTY CANADA

Take advantage of CMHC multifamily financing offering assumable 50 year amortized mortgage, estimated 81% loan-to-value and 3.8% rate. This brand new legal 8 unit project offers estimated gross rents of $259,200 per year. The property features eight separately self-contained units, all with private entrances, separate utilities, and in-unit laundry. Top-floor units consist of 2 bedrooms plus den, 2 bathrooms (1 ensuite) and walk-out balconies. Main-floor units offer 2 bedrooms, 2 bathrooms (1 ensuite) with large storage room and rear balcony. Lower floors consist of two 1-bedroom, 1-bathroom units. Rear lower units include private patios. All units feature custom kitchens, stainless steel appliances, high-efficiency HVAC systems and open-concept designs. Located a short distance from downtown Toronto, the property provides quick access to the Highway 400 series, restaurants, shopping and just a short walk to the Weston GO Station. Estimated financials available upon request. Anticipated March 2025 completion.

Extras

Builder Warranty Included. Exterior Picture is rendering. Interior photos are of similar property.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: New

  • Net Income: 204906

  • Area: Toronto

  • Community: Weston

  • Availability Date: TBD

Inside

  • Bathrooms: 12

  • Air Conditioning: Y

  • Washrooms: 12

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Elec Forced Air

  • Elevator: None

  • UFFI: No

  • Energy Certificate: Y

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2025

  • Tax Legal Description: TBD

  • Expenses: Est

  • Management Expense: 16158

  • Insurance Fee: 5000

  • Operating Fees: 54294

  • Taxes Type: Annual

  • Taxes: 18000

  • Tax Year: 2025

  • Water Fees: 3600

Land

  • Cross Street: Lawrence Avenue West

  • Municipality District: Toronto W04

  • Sewer: Sanitary

  • Lot Depth: 98.91 Feet

  • Lot Frontage: 80.25 Feet

  • Zoning: RM (x475)

Shipping Doors

  • Clearing Height (ft): 9

Commercial Specific

  • Rail: N

  • Sprinklers: N

  • Total Area: 7937.53

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: Y

  • Soil Test: Envirn Audit

  • Financial Statement: Y

  • Gross Income/Sales: 259200

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Walker's Paradise

  • Daily errands do not require a car.
90 /100

Excellent Transit

  • Most errands can be accomplished by public transportation.
82 /100

Bikeable

  • Some errands can be accomplished on bike.
53 /100
Map of 1925 Lawrence Avenue West, Toronto
6-8

Amesbury Middle School

Elementary: Public
1.20 km
JK-5

Weston Memorial Junior Public School

Elementary: Public
0.50 km
6-8

C R Marchant Middle School

Elementary: Public
0.59 km
JK-5

Brookhaven Public School

Elementary: Public
0.80 km
JK-8

Portage Trail Community School

Elementary: Public
1.12 km
JK-8

St Bernard Catholic School

Elementary: Catholic
0.45 km
Pre-Grade 9-12

Frank Oke Secondary School

Secondary: Public
3.30 km
9-12

York Humber High School

Secondary: Public
1.56 km
9-12

Scarlett Heights Entrepreneurial Academy

Secondary: Public
2.51 km
9-12

Weston Collegiate Institute

Secondary: Public
0.34 km
Pre-Grade 9-12

York Memorial Collegiate Institute

Secondary: Public
2.71 km
9-12

Chaminade College School

Secondary: Catholic
1.14 km

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