About this property

ATTENTION BUILDERS & INVESTORS!!! Shovel-Ready 4+1 Multiplex Conversion At 282 Westlake Ave In Toronto's Sought-After Woodbine-Lumsden Pocket. All Building Permits Issued And Paid For A 3-Storey, 4-Unit Residential Multiplex (Front & Rear Additions + Third Storey) Plus A Separate 2-Storey Garden Suite (2-Bed + Den) At The Rear. Five Self-Contained 2 Bedroom or Larger Residential Units. Interior Demolition Is Complete And Exterior Excavation Has Begun. This Is Not A Concept Or A Proposal, It's A Fully Permitted Project Ready To Go!. Approved Plans Deliver A 2-Bedroom Basement Unit, Three Large 2-Bedroom Units On The Main, Second And Third Floors, And A Standalone 2 Bedroom + Den Garden Suite. Located Just A 15-Minute Walk To Woodbine Station , With Strong Rental Demand And Excellent Tenant Profile. Current Projections Estimate An NOI Of Approximately $140k/Year Upon Completion. ***AI Generated Rendering Photo Shows Potential Finished Product

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	E12943268
Status	Sold
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	1,100 sq ft
Beds / Baths	3 bed · 0 bath
City	Danforth / East York
Postal Code	M4C 4T6
Province	ON
Listed Date	April 1, 2026
Brokerage	ELEVATE REALTY INC.