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57 Westwood Avenue
Broadview North Toronto M4K 2A7

$3,535,723.15 /For Sale
Commercial

Main Photo: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03)  : MLS®# E12632770
Photo 1: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03)  : MLS®# E12632770
Photo 2: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03)  : MLS®# E12632770
Photo 3: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03)  : MLS®# E12632770
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12632770
Bus Major:
Apts - 6 To 12 Units
Pre-construction purpose-built rental development in East York. 57 Westwood Ave is a fully designed seven-plex (six-unit detached multiplex with a self-contained rear garden suite), offered as a fixed-price construction opportunity conditional on the builder obtaining Development Permit and Building Permit approval. The proposed building consists of a three storey plus basement configuration with a mix of studio and larger residential units, together with a separate two-bedroom garden suite located at the rear of the property. The project has been designed with energy-efficient construction and CMHC MLI Select underwriting considerations in mind, providing a potential pathway to insured take-out financing upon stabilization, subject to CMHC program requirements, scoring, debt service coverage, and lender approval. No representation or warranty is made regarding CMHC eligibility or financing terms. Located in a well-established East York neighbourhood with strong rental fundamentals, proximity to transit, parks, schools, and local amenities. Intended for build-to-hold investors seeking long-term rental income and cost certainty through a fixed-price construction structure. Architectural drawings and additional information available upon request. Buyer to verify all permits, approvals, zoning compliance, construction terms, and financing eligibility. Appointment required before walking the site.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
0 sq. ft. Square Feet
Total Area:
0 sq. ft.
Lot Depth:
110'
Lot Frontage:
30'
Water supply:
Municipal
Zoning:
RS (f10.5; a325; d0.75) (x312)
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
January 2027
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto E03
Broadview North
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Dec 14, 2025
Original Price:
Previous Price:
  • Photo 1: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03)  : MLS®# E12632770
    Photo 1 of 3
  • Photo 2: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03)  : MLS®# E12632770
    Photo 2 of 3
  • Photo 3: 57 Westwood Avenue in Toronto: Broadview North Commercial for sale (Toronto E03)  : MLS®# E12632770
    Photo 3 of 3
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
Data was last updated December 15, 2025 at 06:15 AM (UTC)
The Living TO Team
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