147 Euclid Ave, Toronto, ON M6J 2J8

* * SHOVEL-READY 7-UNIT DEVELOPMENT OPPORTUNITY * * One-of-a-kind, permit-ready opportunity for investors and builders! Start construction immediately on this beautifully designed * * 7-unit purpose-built rental project * * , featuring a * * 6-unit main building plus a separate two-storey laneway house * * . The approximately * * 4,610 sq. ft. main building * * features a thoughtfully designed unit mix of * * four 2-bedroom units and two 1-bedroom units * * . The separate * * 1,230 sq. ft. laneway house * * is a two-storey residence featuring * * 3 bedrooms and 3 bathrooms * * . * * CMHC financing package available and ready for application * * for this purpose-built rental development. The project offers projected * * Effective Gross Revenue (EGR) of $271,212 annually * * , or approximately * * $38,745 per unit * * , with projected * * Net Operating Income (NOI) of $220,686 annually * * , or approximately * * $31,527 per unit * * . An exceptional opportunity to acquire a * * shovel-ready, permit-ready development * * with a strong projected income profile and attractive long-term rental potential. Ideal for investors, builders, and developers looking for a turnkey purpose-built rental project. * * 6-Plex + Laneway House | 7 Units | 4 x 2-Bed + 2 x 1-Bed + 1 x 3-Bed | Approx. 5,840 Sq. Ft. Total GFA | Permit Ready | CMHC Package Available | Projected NOI $220,686 * *