Property

Ownership: For Sale
Type: Unknown
Bedrooms: 12 BR
Bathrooms: 12
Pets: Pets No

Financials

Price:C4,999,900
($3,648,477.03)
(€3,174,300.08)
505 Park Ave, New York, NY 10022

Description

Take advantage of CMHC multifamily financing offering an assumable 50 year mortgage. This brand new legal 8 unit project features eight separately self-contained units, all with private entrances, separate utilities, and in-unit laundry. Top-floor units consist of 2 bedrooms plus den, 2 bathrooms (1 ensuite) and walk-out balconies. Main-floor units offer 2 bedrooms, 2 bathrooms (1 ensuite) with large storage room and rear balcony. Lower floors consist of two 1-bedroom, 1 bathroom units. Rear lower units include private terraces. All units feature custom kitchens, stainless steel appliances, high-efficiency HVAC systems and open-concept designs. Located a short distance from downtown Toronto, the property provides quick access to the Highway 400 series, restaurants, shopping and short walk to the Weston GO Station. Estimated financials available upon request. Anticipated August 2025 completion. Builder Warranty Included.

Amenities

  • Carpet Free
  • City
  • Controlled Entry
  • Downtown
  • ERV/HRV
  • Floor Drain
  • Landscaped
  • Patio
  • Privacy
  • Separate Heating Controls
  • Separate Hydro Meter
  • Smoke Detector
  • Sump Pump

Take advantage of CMHC multifamily financing offering an assumable 50 year mortgage.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.