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.
Address
462 Northcliffe Boulevard
List Price
$2,667,078
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Toronto C03
Sub-Area
Oakwood Village
Region
Toronto
Lot Depth
114.12
Lot Type
Lot
Lot Size Units
Feet
Lot Width
25
Occupant Type
Vacant
Cross Street
Dufferin and Rogers
MLS® Number
C12632764
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Postal Code
M6E 3L2
Posession Details
January 2026
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Tax Legal Description
Lt 41 Pl 1670 Twp Of York S/t + T/w CY502088; Toronto
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