List Price $1
Days On TKM: 43 days
4 + 1 Beds
3 Baths
1 Parking
5000 + Sqft
Property Listing History
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C13694132
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Sign-in Required (Sign-in Required)Listed (Sale)$1
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Listing Details
Description and Features
**SHOVEL-READY 7-UNIT DEVELOPMENT OPPORTUNITY**One-of-a-kind, permit-ready opportunity for investors and builders! Start construction immediately on this beautifully designed **7-unit purpose-built rental project**, featuring a **6-unit main building plus a separate two-storey laneway house**.The approximately **4,610 sq. ft. main building** features a thoughtfully designed unit mix of **four 2-bedroom units and two 1-bedroom units**. The separate **1,230 sq. ft. laneway house** is a two-storey residence featuring **3 bedrooms and 3 bathrooms**.**CMHC financing package available and ready for application** for this purpose-built rental development. The project offers projected **Effective Gross Revenue (EGR) of $271,212 annually**, or approximately **$38,745 per unit**, with projected **Net Operating Income (NOI) of $220,686 annually**, or approximately **$31,527 per unit**.An exceptional opportunity to acquire a **shovel-ready, permit-ready development** with a strong projected income profile and attractive long-term rental potential. Ideal for investors, builders, and developers looking for a turnkey purpose-built rental project.**6-Plex + Laneway House | 7 Units | 4 x 2-Bed + 2 x 1-Bed + 1 x 3-Bed | Approx. 5,840 Sq. Ft. Total GFA | Permit Ready | CMHC Package Available | Projected NOI $220,686**
Open House
Property Details
Building Interior Summary
Building Exterior Summary
Utilities, Systems and Services
Room Details
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Basement
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Total Bathrooms | 1x4pc | |
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Second
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Total Bathrooms | 1x4pc | |
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Ground
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Total Bathrooms | 1x4pc |
Listed By PAM REALTY LTD.
Last Updated Aug 19, 2026 | Source: TRREB
Last Checked: 8 minutes ago
Finacials
Mortgage Calculator
Closing Cost
- Provincial:
- Municipal:
- Rebate: (Province) +(Municipal)
Monthly Payment
| Travel | 60 km/h | 100 km/h |
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