5 Units as-of-right (4 Plex + Garden Suite). Positive cash flow after 95% of costs mortgaged out on completion. Average unit size 1,182 sq. ft. - Individual Private Entrances for each Unit. Lot Area over 8100 sq. ft. - Pie shaped (rear lot line - 66.6, 158.3 deep). Severance & required variances completed. CMHC insured interest rate of 3.25% (projected - as of completion date). 45 year amortization (with 70 CMHC points). Total Development Charges None (credit available speak to LA). HST on completion or sale 100% Rebate. 6 car parking (including 2 garages, 2 tandem & 2 additional driveway spots) **** EXTRAS **** No chattels incl.. Floorplans, Site Plan, existing house pictures & Planning Documents in Attachment labelled Documents. Sold as is, where is. Rendering is of the 70A Dunstall 4 plex after being constructed. Taxes not assessed yet (id:47423)
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Detailed Information
Lot
37.5 x 158.33 ft
Amenities Nearby
Hospital, Park, Public Transit
Features
Conservation/green belt
Listing Contract Date
2024-11-04
Location Description
Lawrence Ave E & Beechgrove
Property Type
Vacant Land
Transaction Type
For sale
Building
Utilities
Type
Description
Cable
Available
Sewer
Available
Land
Total Size
37.56 x 158.39 FT ; irr. pie shaped, rear 66.63' | under 1/2 acre
Amenities
Hospital, Park, Public Transit
Size of Irregular Land
37.56 x 158.39 FT ; irr. pie shaped, rear 66.63'
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