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Active

$3,535,723.15

57 Westwood Ave

Toronto E03, ON M4K 2A7

57 Westwood Ave, Toronto E03Listed at $3,535,723.15 Investment. MLS® E12632770.

Apts - 6 To 12 Units
Investment

Description

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. Appointment required before walking the site.

Business Details

Property Sub-TypeInvestment
Business TypeApts - 6 To 12 Units
Property UseApartment
Occupant TypeVacant
Showing RequirementsList Salesperson
Possession TypeOther
Listing Expires9/26/2026

Property Details

Property TypeInvestment
CommunityBroadview North
Lot Dimensions30 × 110 ft
Dir/Cross StBroadview/Mortimer
Garage TypeNone
Heating TypeGas Forced Air Open
A/CYes
HSTIn Addition To
Listed Date12/14/2025
Days on Market179 days
PossessionJanuary 2027

Schedule a Tour

MLS® Verified · Same-day showings available

Same-day showings available
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Property Insights

Listing Courtesy of: SOTHEBY'S INTERNATIONAL REALTY CANADA

MLS® #E12632770

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Investment is located in the Broadview North community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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