Kennedy Road | 80 Unit Townhome Project

Kennedy Road, Toronto, Canada

$6,000,000

Price

Multifamily

Development Type

1.6 acres

Lot Area

Overview
Development Type
Multifamily
Lot Area
1.6 acres
Units
80
Price Per Unit
$75,000
Zoning
OPA Rezone in Progress
Description

●Total Raise: $6,000,000 for 50% ownership

●Investment Vehicle: Limited partnership, secured by 2nd mortgage

●Project Term: 24 to 36 months

●Return: 25% of projected profit of $20m with preferred return of 8%/annum, Turnkey development services included

●Tenure: Stacked Townhomes

●Number of Units: 80 units

●Effective Efficiency (Saleable vs Gross): 99%

●Approx Site Area: 1.6 acre

●Zoning: OPA Rezone in Progress

●Environmental: Phase I Clean

Documents
Title
Offering Memorandum
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Location
Gallery