282 Westlake Avenue, Danforth / East York, ON M4C 4T6
$1,249,000
activeNEWMLS® #E12943268 · Single Family Home · For Sale
Description
ATTENTION BUILDERS & INVESTORS!!! Shovel-Ready 4+1 Multiplex Conversion At 282 Westlake Ave In Toronto's Sought-After Woodbine-Lumsden Pocket. All Building Permits Issued And Paid For A 3-Storey, 4-Unit Residential Multiplex (Front & Rear Additions + Third Storey) Plus A Separate 2-Storey Garden Suite (2-Bed + Den) At The Rear. Five Self-Contained 2 Bedroom or Larger Residential Units. Interior Demolition Is Complete And Exterior Excavation Has Begun. This Is Not A Concept Or A Proposal, It's A Fully Permitted Project Ready To Go!. Approved Plans Deliver A 2-Bedroom Basement Unit, Three Large 2-Bedroom Units On The Main, Second And Third Floors, And A Standalone 2 Bedroom + Den Garden Suite. Located Just A 15-Minute Walk To Woodbine Station , With Strong Rental Demand And Excellent Tenant Profile. Current Projections Estimate An NOI Of Approximately $140k/Year Upon Completion. ***AI Generated Rendering Photo Shows Potential Finished Product
Features
Property Details
Listing Information
Brokerage: ELEVATE REALTY INC.
Listed: 2026-04-01
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9