70B Dunstall Cres

FOR SALE
$985,000
Terminated
$0
70B Dunstall Cres, Scarborough
70B Dunstall Cres
70B Dunstall Cres
70B Dunstall Cres
70B Dunstall Cres
70B Dunstall Cres
70B Dunstall Cres
70B Dunstall Cres
0
BEDROOMS
0
BATHROOMS
0
KITCHENS
0
ROOMS
E10406511
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-04 2025-01-21 78 $985,000 - Terminated
2024-08-02 2024-11-01 91 $985,000 - Expired
Property Description
5 Units As-Of-Right (4 Plex + Garden Suite). Positive Cash Flow After 95% Of Costs Mortgaged Out On Completion. Average Unit Size 1,194 Square. Ft. - Individual Private Entrances For Each Unit. Lot Area Over 8100 Square. Ft. Pie Shaped (Rear Lot Line - 66.6, 158.3 Deep). Severance & Required Variances Completed. Cmhc Insured Interest Rate Of 3.25% (Projected - As Of Completion Date). 45 Year Amortization (With 70 Cmhc Points). Total Development Charges None (Credit Available Speak To Listing Agent). Hst On Completion Or Sale 100% Rebate. 6 Car Parking (Including 2 Garages, 2 Tandem & 2 Additional Driveway Spots)
Extras
No Chattels Included.. Floorplans, Site Plan, Existing House Pictures & Planning Documents In Attachment Labelled Documents. Sold As Is, Where Is. Rendering Is Of The 70A Dunstall 4 Plex After Being Constructed. Taxes Not Assessed Yet
Nearby Intersections
Property Details
Community
Property Type
Vacant Land
Similar Listings
70A Dunstall Cres, Scarborough
0
BEDS
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BATHS
$885,000
FOR SALE
As-of right zoning for a 5 Plex (4 Plex + Garden Suite). Positive cash flow after construction. This project qualifies for special MI Select financing with low down payment, low interest rate (est. 3% or less) & 45 year amortization. The special financing is only available with 5 units or more. No Development Charges applicable due to a credit from existing house which is to be demolished (Education DC still apply). 100% HST rebate. Huge 8,100+ sq ft pie-shaped lot with 66.6 rear lot line. 158.3 deep. Extra long driveway for additional parking spots (6 cars in total including 2 garage spaces). Average Unit size is 1,182 sq ft. Realty Taxes shown are for both 70A Dunstall and 70B Dunstall - taxes for the separate lots have not been assessed yet.
70B Dunstall Cres, Scarborough
0
BEDS
0
BATHS
$885,000
FOR SALE
As-of right zoning for a 5 Plex (4 Plex + Garden Suite). Positive cash flow after construction. This project qualifies for special MI Select financing with low down payment, low interest rate (est. 3% or less) & 45 year amortization. Special financing only available with 5 units or more. Total Development Charges for all 5 units of $68,199. as of June 6, 2024. 4 Units are exempt from Development Charges & 1 Unit has a special rate of $ 68,199. Education DC still apply. 100% HST rebate. Huge 8,100+ sq ft pie-shaped lot with 66.6 rear lot line. 155.5 deep. Extra long driveway for additional parking spots (6 cars in total including 2garage spaces) Average Unit size is 1,194 sq ft **EXTRAS** No chattels incl.. Floorplans, Site Plan, existing house pictures & Planning Documents in Attachment labelled Documents. Sold as is, where is. Rendering is of the 70A Dunstall 4 plex after being constructed. Realty Taxes shown are for both 70A Dunstall and 70B Dunstall - taxes for the separate lots have not been assessed yet.
21 Amiens Rd, Scarborough
0
BEDS
0
BATHS
$849,000
FOR SALE
Attention builders, Construction project of a 3857 sq ft, 2 storey, 4-bedroom house. Foundation completed. Approved Drawings available to continue the project. Sold Under Power Of Sale Therefore As Is/Where Is Without Any Warranties From The Seller. Buyers To Verify And Satisfy Themselves Re: All Information.
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