Business For Sale · Multifamily

252 ANNETTE STREET, Toronto (Junction Area)

252 ANNETTE STREET, Toronto (Junction Area), ON M6P1R1

$5.8M total

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

97%

About this property

Impressive Trophy Multifamily Property! Offering an assumable CMHC mortgage with an extremely low interest rate, maturing August 2031! Newly developed in 2026, this income-producing multiplex in Toronto's desirable High Park North/Junction neighbourhood offers an attractive 5.1% cap rate! Featuring six municipally approved residential units plus two additional potential basement suites. All units have been recently leased at current market rental rates, providing immediate income without legacy below-market tenancies. Designed with energy efficiency in mind, featuring modern finishes, new appliances, air conditioning, and on-site laundry. Includes three parking spaces and boasts an impressive 92 Walk Score! Steps from vibrant shops, restaurants, parks, and transit, with easy access to High Park, Bloor West Village, TTC subway stations, GO Transit, and UP Express. A rare opportunity to acquire a modern, income-producing investment in a prime Toronto location! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$5.79M
Down payment30% · $1.74M
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$27K

Projected NOI

$213K

Annual cash flow

$-108K

Cash-on-cash

-6.20%

DSCR

0.66

Going-in cap

3.68%

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

120,838

Households

44,418

Median income

$100,000

Median age

32.3

Daytime population

172,660

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for 252 ANNETTE STREET, Toronto (Junction Area).

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.