Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD
Call Now: 416-939-2500 Email: vikas@vikaspalan.com
Overview
- Detached
- 3
- 0
- 2
- 1100-1500
- N/A
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
Details
- E12943268
- 2
- $1,249,000
- Vacant
- None
- 0
- 2-Storey
- 3
- 0
- 1100-1500 Sqft
- N/A SquareFeet
- N/A
- Detached
- Sale
Additional details
- Other / Other
- $4615
- 2026
- PT LT 409 PL 1770 TWP OF YORK AS IN EY215074; S/T & T/W EY215074; TORONTO (E YORK) , CITY OF TORONTO
- N/A
- N
- Unfinished
- None
- Municipal
What's near transit
Subway and bus stops within 1 km · 282 Westlake Avenue, Toronto E03, ON M4C 4T6
Main Street Station - Westbound Platform
930 m ~ 12 min walk
Main Street Station
966 m ~ 13 min walk
Main Street Station
966 m ~ 13 min walk
Westlake Ave at Hamstead Ave
66 m ~ 1 min walk
Westlake Ave at Hamstead Ave
85 m ~ 2 min walk
Lumsden Ave at Westlake Ave
168 m ~ 3 min walk
Woodbine Ave at Barker Ave
620 m ~ 8 min walk
Woodbine Ave at Barker Ave
620 m ~ 8 min walk
Rexleigh Dr at Ferris Rd North Side
870 m ~ 11 min walk
O'Connor Dr at Glenwood Cres
918 m ~ 12 min walk
O'Connor Dr at Glenwood Cres
918 m ~ 12 min walk
Main Street Station
950 m ~ 12 min walk
Main Street Station
950 m ~ 12 min walk
Main Street Station
961 m ~ 13 min walk
Danforth Ave at Westlake Ave
974 m ~ 13 min walk
Main Street Station
980 m ~ 13 min walk
Neighbourhood Profile
Woodbine-Lumsden
Toronto neighbourhood · 2021 census
7.6 / 10
Key stats
$96K
Median income
41.6 yrs
Median age
$1M
Median home value
34%
Renters
Commute
Housing
$1,290/mo
Median rent
36%
Renters 30%+ on shelter
Amenities
Park Playground Library Police station Subway / light rail Bus / streetcar Hospital Clinic / GP Long-term care
● within approx. 3 km
Data: Statistics Canada 2021 Census · EQAO 2023-2024 · City of Toronto open data
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Estimate Your Rental Return
Enter your expected mortgage, annual expenses, and rental income to calculate monthly cash flow for this Toronto investment property.
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Toronto · Ontario · Estimates only. Not financial or investment advice. Consult a licensed mortgage broker and accountant before making investment decisions.
FAQ
- What is the total square footage of the E12943268 - 282 Westlake Avenue, Toronto E03, ON M4C 4T6?
The total square footage of this property is 1100-1500 SqFt.
- What schools near to E12943268 - 282 Westlake Avenue, Toronto E03, ON M4C 4T6?
The nearest schools are D A Morrison Middle School for elementary and East York Alternative Secondary School for secondary.
