147 Euclid Avenue, Toronto, ON M6J 2J8
Toronto C01, ON, M6J 2J8 · Trinity-Bellwoods
About this property
**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**
Features & Amenities
- Basement: Finished with Walk-Out, Separate Entrance
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 2-Storey |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Basement | Finished with Walk-Out, Separate Entrance |
| Garage | Detached |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $8,295 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Other
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Block
- Roof
- Asphalt Shingle
- Basement
- Finished with Walk-Out, Separate Entrance
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 0
- Parking Total
- 1.00
- Parking Features
- Lane
- Covered Spaces
- 1
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 130.50
- Lot Width
- 21.30
Financial & Tax
- Tax Annual Amount
- $8,295
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 7
- Rooms Below Grade
- 3
- Kitchens Above Grade
- 2
- Kitchens Total
- 3
- Bedrooms Above Grade
- 4
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Partial
- Direction Faces
- East
- County Or Parish
- Toronto
- Cross Street
- Queen - Bathurst
- Directions
- Queen - Bathurst
- Special Designation
- Unknown
- Showing Requirements
- See Brokerage Remarks
Location
147 Euclid Avenue, Toronto, ON M6J 2J8, Toronto C01, ON, M6J 2J8