462 Northcliffe Boulevard
462 Northcliffe Boulevard
$2,667,078
210 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $11,620 |
| Property Tax (est.) | $1,445 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $13,065 |
Down payment: $533,416 (20.0%) · Mortgage: $2,133,662
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by SOTHEBY'S INTERNATIONAL REALTY CANADA
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Data last updated: August 23, 2026 at 10:25 a.m.