$1,249,000Asking Price
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. Buyers Are Encouraged To Conduct Their Own Due Diligence On All Costs, Projections, And Construction Timelines. Full Project Documentation, Architectural And Structural Drawings, Survey etc. Available On Request. **Exterior Rendering is AI generated.
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. Buyers Are Encouraged To Conduct Their Own Due Diligence On All Costs, Projections, And Construction Timelines. Full Project Documentation, Architectural And Structural Drawings, Survey etc. Available On Request. **Exterior Rendering is AI generated.
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Woodbine Heights, Toronto is a central Toronto neighbourhood notable for its executives and business, science and education, law & public sector professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 9, adults aged 35 to 64 and seniors aged 65 to 69.
Kids Per Family
1.1
kids per family
in the neighbourhood.
44%
of residents are
single and loving it.
44% singles
Toronto (50%)
27%
of residents
are renters.
27% renters
Toronto (47%)
48%
of residents are
university grads.
48% university grads
Toronto (48%)Average Household Income
$125K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Business | 12% |
| Government | 12% |
| Management | 10% |
| Sciences | 6% |
29%
of residents were
born outside of Canada.
29% immigrants
Toronto (48%)3.4% from China
All-time
0.3% from Philippines
Recent
Foreign Languages
| Cantonese | 5% |
| Greek | 3% |
| Italian | 3% |
| French | 2% |
| Spanish | 2% |
Religions
| Christian | 57% |
| Muslim | 3% |
| Buddhist | 2% |
| Jewish | 2% |
| Hindu | 1% |
Social Housing Buildings
1
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.