multifamily
Ref 660626

Investment Opportunity For Sale: Clearview on the Park - 115-Suite Multifamily Complex in West Toronto

31 Clearview Heights; 2, 4 Greentree Court
M6M 2A2 Toronto

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Space available65,340 ft²

Summary

Clearview on the Park is an investment opportunity consisting of three 4-storey low-rise apartment buildings totaling 115 suites in west Toronto. Located less than 500 metres from the Property’s doorstep, the Eglinton Crosstown Line will bring a new station and with it, unmatched transportation convenience for tenants.

Highlights
  • Superior Accessibility - The Eglinton Crosstown & Highway access provides connections to all corners of the GTA
  • Large 1.5 Acre Full Block Lot - Freedom to create a private rental enclave adjacent to acres of surrounding parkland
  • 49% Rental Upside - There is a $524 gap between the current average rental rates and the most recently achieved rental rates
  • Limited Capital Exposure - Lack of elevators & underground parking significantly limits future CapEx exposure 

Location and Transportation