$2,667,077.61

Newly completed, purpose-built rental asset at 462 Northcliffe Blvd, featuring a three-storey multi-unit residential building with a self-contained rear garden suite. Final occupancy has been issued. The property is brand new construction with first occupancy and is currently vacant, offering the ability to deliver either vacant possession or a stabilized rental asset, subject to buyer preference.The building comprises four spacious three-bedroom residential units together with a bachelor garden suite, all exempt from rent control. The project was designed for and conforms to CMHC MLI Select guidelines, incorporating energy-efficient construction and modern building standards. The configuration and design support long-term operational efficiency and institutional-style underwriting, subject to CMHC program criteria, debt service coverage, lender approval, and final financing terms.Located in an established Toronto neighbourhood with proximity to transit, parks, schools, and local amenities. Well suited for investors seeking a newly completed, low-maintenance rental asset with immediate lease-up potential and long-term financing optionality through CMHC MLI Select. (id:31565)