The Opportunity
Overview
Newly completed, stabilized purpose-built rental asset at 462 Northcliffe Blvd, featuring a three-storey multi-unit residential building with a self-contained rear garden suite. Generating $13,475/month. The building comprises four spacious three-bedroom residential units together with a bachelor garden suite. 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:61970)
Investment highlights
- 01Multi-family
Property details
- Property type
- Multi-family
- Transaction
- sale
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
- Listing representative
- DANIEL KIM
- Board / association
- Toronto
Financial information
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Location intelligence
Documents
Source Record
Current listing facts, with attribution intact.
- Source
- REALTOR.ca DDF®
- Listing status
- active
- Source ID
- 29185825
- Last supplied
- March 16, 2026
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
- Listing representative
- DANIEL KIM
- Board / association
- Toronto
Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.
Listing brokerage: SOTHEBY'S INTERNATIONAL REALTY CANADA · Listing representative: DANIEL KIM · Board/association: Toronto · Updated: Mar 16, 2026
Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.
