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For Lease · Multifamily

MAIN - 26 DARTMOOR DRIVE, Toronto (Morningside)

MAIN - 26 DARTMOOR DRIVE, Toronto (Morningside), ON M1E5B2

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

94%

About this property

Welcome to this spacious and well-appointed 4-Bed, 2.5-Bath main and upper-level unit in the highly sought-after Morningside community of East Scarborough. Designed with comfort and functionality in mind, this bright and inviting residence features an exceptionally spacious layout, generously sized bedrooms, abundant storage, and large windows that fill the home with natural light. The primary bedroom offers a large walk-in closet and a private ensuite complete with a relaxing soaker tub. Step outside to enjoy the expansive backyard, perfect for entertaining, family gatherings, or simply unwinding outdoors. Ideally situated just minutes from Highway 401, a major outdoor shopping centre, parks, schools, and an array of everyday amenities, this home offers the perfect balance of space, convenience, and family-friendly living. A fantastic leasing opportunity not to be missed! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

114,019

Households

39,813

Median income

$86,000

Median age

44.2

Daytime population

150,050

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for MAIN - 26 DARTMOOR DRIVE, Toronto (Morningside).

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.