462 Northcliffe Boulevard
Toronto C03, ON
Investment • 251 days on market
Newly completed, stabilized purpose-built rental asset at 462 Northcliffe Blvd, featuring a three-storey multi-unit residential building with a self-contained rear garden suite. Generating $13,475/month. The building comprises four spacious three-bedroom residential units together with a bachelor garden suite. The project was designed for and conforms to CMHC MLI Select guidelines, incorporating energy-efficient construction and modern building standards. The configuration and design support long-term operational efficiency and institutional-style underwriting, subject to CMHC program criteria, debt service coverage, lender approval, and final financing terms.Located in an established Toronto neighbourhood with proximity to transit, parks, schools, and local amenities. Well suited for investors seeking a newly completed, low-maintenance rental asset with immediate lease-up potential and long-term financing optionality through CMHC MLI Select.
Listing Details
- Originally Listed
- $2,667,078
- Listed
- December 14, 2025
Price History
Listing history
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Property
- Lot Size
- 25 x 114.12 Feet
Location & Legal
- Cross Street
- Dufferin and Rogers
- Zoning
- RM (f12.0; u4; d0.8) (x252)
- Possession
- Flexible
Commercial
- Business Type
- Apts - 2 To 5 Units
- Occupancy
- Vacant
Included
- Inclusions
- All existing appliances: 5x Fridge, 5x Stove, 5x Microwave, 5x Dishwasher, 5x Washer/Dryer, All existing ELFs, All existing window coverings.
Community
Postal area M6E
- Population
- 37,684
- Private dwellings
- 16,172
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto C03 · last 12 months
- Median sold price
- $1,289,900
- Homes sold
- 516
- Median days on market
- 17
- Sale-to-list price
- 98.0%
Based on 516 recorded sales of commercial properties in Toronto C03 over the last 12 months.
Listed by
SOTHEBY'S INTERNATIONAL REALTY CANADA
Location
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