57 Westwood Avenue, Toronto E03, ON M4K 2A7, Toronto E03, ON
Pre-construction purpose-built rental development in East York. 57 Westwood Ave is a fully designed seven-plex (six-unit detached multiplex with a self-contained rear garden suite), offered as a fixed-price construction opportunity conditional on the builder obtaining Development Permit and Building Permit approval. The proposed building consists of a three storey plus basement configuration with a mix of studio and larger residential units, together with a separate two-bedroom garden suite located at the rear of the property. The project has been designed with energy-efficient construction and CMHC MLI Select underwriting considerations in mind, providing a potential pathway to insured take-out financing upon stabilization, subject to CMHC program requirements, scoring, debt service coverage, and lender approval. No representation or warranty is made regarding CMHC eligibility or financing terms. Located in a well-established East York neighbourhood with strong rental fundamentals, proximity to transit, parks, schools, and local amenities. Intended for build-to-hold investors seeking long-term rental income and cost certainty through a fixed-price construction structure. Architectural drawings and additional information available upon request. Appointment required before walking the site.
Property Highlights
For Sale
MLS NO.
E12632770
Type
Commercial
Sub Type
Investment
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
E12632770
Lot Width
30.0
Garage Type
None
Cooling
Yes
Heat Type
Gas Forced Air Open
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
57 Westwood Avenue, Toronto E03, ON M4K 2A7
City
Toronto E03
Neighbourhood
Broadview North
County / Region
Toronto
Province / State
ON
Postal Code
M4K 2A7
Cross Street
Broadview/Mortimer
Directions
Follow your GPS
Country
CA
List Price
$3,535,723
Annual Taxes
$0
Tax Year
2025
Legal Description
LT 32 PL 1517 TWP OF YORK; TORONTO (E YORK) , CITY OF TORONTO
Possession Type
Other
Possession Details
January 2027
Listing Office
SOTHEBY'S INTERNATIONAL REALTY CANADA
Board
Toronto Regional Real Estate Board
Original Entry
2025-12-14T18:38:25Z
Media Updated
2026-02-06T16:29:33Z
Photos Updated
2026-02-06T16:29:33Z
Last Modified
2026-02-06T16:10:29Z
System Modified
2026-02-06T16:29:33.554363Z
MLS Status
New
Ddfyn
Yes
Expiration Date
2026-09-26
Heat Type Multi
Gas Forced Air Open
Hstapplication
In Addition To
Occupant Type
Vacant
Originating System Id
A00001796
Public Remarks
Pre-construction purpose-built rental development in East York. 57 Westwood Ave is a fully designed seven-plex (six-unit detached multiplex with a self-contained rear garden suite), offered as a fixed-price construction opportunity conditional on the builder obtaining Development Permit and Building Permit approval. The proposed building consists of a three storey plus basement configuration with a mix of studio and larger residential units, together with a separate two-bedroom garden suite located at the rear of the property. The project has been designed with energy-efficient construction and CMHC MLI Select underwriting considerations in mind, providing a potential pathway to insured take-out financing upon stabilization, subject to CMHC program requirements, scoring, debt service coverage, and lender approval. No representation or warranty is made regarding CMHC eligibility or financing terms. Located in a well-established East York neighbourhood with strong rental fundamentals, proximity to transit, parks, schools, and local amenities. Intended for build-to-hold investors seeking long-term rental income and cost certainty through a fixed-price construction structure. Architectural drawings and additional information available upon request. Appointment required before walking the site.
