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$ 1,249,000
Est. payment /mo
Active
282 Westlake AVE Toronto E03, ON M4C 4T6
3 Beds
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Municipality Toronto E03
Subdivision Woodbine-Lumsden
MLS Listing ID E12943268
Style 2-Storey
Bedrooms 3
Annual Tax Amount $4,615
Tax Year 2026
Property Sub-Type Detached
Property Description
ATTENTION BUILDERS & INVESTORS!!! Shovel-Ready 4+1 Multiplex Conversion At 282 Westlake Ave In Toronto's Sought-After Woodbine-Lumsden Pocket. All Building Permits Issued And Paid For A 3-Storey, 4-Unit Residential Multiplex (Front & Rear Additions + Third Storey) Plus A Separate 2-Storey Garden Suite (2-Bed + Den) At The Rear. Five Self-Contained 2 Bedroom or Larger Residential Units. Interior Demolition Is Complete And Exterior Excavation Has Begun. This Is Not A Concept Or A Proposal, It's A Fully Permitted Project Ready To Go!. Approved Plans Deliver A 2-Bedroom Basement Unit, Three Large 2-Bedroom Units On The Main, Second And Third Floors, And A Standalone 2 Bedroom + Den Garden Suite. Located Just A 15-Minute Walk To Woodbine Station , With Strong Rental Demand And Excellent Tenant Profile. Current Projections Estimate An NOI Of Approximately $140k/Year Upon Completion. ***AI Generated Rendering Photo Shows Potential Finished Product
Location
Province ON
County Toronto
Community Toronto E03
Area Toronto
Rooms
Family Room No
Basement Unfinished
Kitchen 0
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Other
Exterior
Pool None
Roof Type Shingles
Lot Frontage 25.0
Lot Depth 131.5
Total Parking Spaces 2
Building
Foundation Block
Others
ParcelsYN No
Listed by ELEVATE REALTY INC.