For Sale · Multifamily

503 - 214 VAUGHAN ROAD, Toronto (Oakwood Village)

503 - 214 VAUGHAN ROAD, Toronto (Oakwood Village), ON M6C2M3

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

89%

About this property

Bright and functional bachelor apartment in a convenient midtown location! This unit features an open-concept layout and renovated bathroom with stand-up shower. Heat, hydro and water are all included in the monthly rent!! Elevator access and coin laundry available in the building. Conveniently located near TTC, shops, restaurants, cafes and everyday amenities. Street parking available through City of Toronto permit. Interior photos have been virtually staged for illustration purposes. An excellent opportunity for comfortable and convenient city living! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

42,940

Households

16,071

Median income

$92,000

Median age

32.5

Daytime population

45,821

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 503 - 214 VAUGHAN ROAD, Toronto (Oakwood Village).

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.