For Sale · Multifamily

201 - 858 DAVENPORT ROAD, Toronto (Wychwood)

201 - 858 DAVENPORT ROAD, Toronto (Wychwood), ON M6G2B6

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

86%

About this property

Bright and spacious 1-bedroom unit in a well-maintained building, ideally situated in a vibrant and highly convenient location. Featuring an open-concept layout with a modern kitchen complete with stainless steel appliances, this inviting home offers a comfortable and functional space for city living. Perfectly positioned just minutes from Casa Loma, Regal Heights, George Brown College, Toronto Metropolitan University and other downtown schools. Enjoy easy access to TTC bus routes and subway service, along with an excellent selection of restaurants, cafés, shops and everyday amenities just outside your door. One locker is included, and the building is equipped with fibre-optic connectivity. With excellent transit and easy access to surrounding neighborhoods, this is a great opportunity to enjoy the convenience and energy of central Toronto living. Photos are of a different unit with the same layout. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

96,639

Households

38,984

Median income

$83,000

Median age

42.8

Daytime population

124,582

5-yr growth

7.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 201 - 858 DAVENPORT ROAD, Toronto (Wychwood).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.