For Lease · Multifamily

2 - 7 BERNARD AVENUE, Toronto (Annex)

2 - 7 BERNARD AVENUE, Toronto (Annex), ON M5R1R3

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 beautifully renovated and spacious 1 bedroom + den residence offering over 700 sq. ft. of thoughtfully designed living space in the heart of Yorkville, one of Toronto's most prestigious and sought-after neighbourhoods. Offering a smart and functional layout with plenty of natural light, this bright and inviting home features a generous living area, a versatile den ideal for a home office, guest space, or additional living area, and modern finishes throughout. The renovated kitchen is equipped with modern appliances, including a dishwasher, while the beautifully updated bathroom with heated contemporary flooring and lighting create a fresh and sophisticated atmosphere. Ideally located just steps from Yorkville's world-class shopping, dining, cafés, Subway Station, the University of Toronto, ROM, Ramsden Park, and countless other amenities, this exceptional location puts the best of downtown Toronto right at your doorstep. With excellent transit access and everything you need within walking distance, this is an ideal home for professionals, students, couples, or anyone looking to enjoy the convenience and lifestyle of Yorkville. Utilities are only $100/month extra, covering gas, hydro, water, and heat. Spacious, bright, stylish, and exceptionally well located, this is a wonderful opportunity to lease a beautiful Yorkville residence and enjoy sophisticated city living in one of Toronto's most desirable communities. (id:66811)

Financial sandbox

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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

104,508

Households

43,703

Median income

$113,500

Median age

35.5

Daytime population

134,603

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 2 - 7 BERNARD AVENUE, Toronto (Annex).

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.