147 Euclid AVE, Toronto C01, ON M6J 2J8
147 Euclid AVE, Toronto C01, ON M6J 2J8
147 Euclid AVE, Toronto C01, ON M6J 2J8
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Mike McCarthy

Mike McCarthy

+1(289) 919-5442
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Est. payment /mo
4 Beds
3 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Municipality Toronto C01

Subdivision Trinity-Bellwoods

MLS Listing ID C13694132

Style 2-Storey

Bedrooms 4

Annual Tax Amount $8,295

Tax Year 2026

Property Sub-Type Triplex

Property Description

**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**

Location

Province ON

County Toronto

Community Toronto C01

Area Toronto

Zoning 6-unit multiplex in the main house + laneway house

Rooms

Family Room Yes

Basement Finished with Walk-Out, Separate Entrance

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Other

Cooling Central Air

Inclusions All permits and drawings. CMHC Appraisal Report package conducted by Avison Young. The existing building currently features three units across three levels.

Exterior

Parking Features Lane

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 21.3

Lot Depth 130.5

Total Parking Spaces 1

Building

Foundation Block

Others

Senior Community Yes

ParcelsYN No

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Listed by PAM REALTY LTD.
Nearby School & Business

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Mike McCarthy
Mike McCarthy

Realtor | License ID: 4794661

+1(289) 919-5442 | mike@mikemccarthyrealty.com

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