2014 QUEEN STREET E, Toronto (The Beaches)
2014 QUEEN STREET E, Toronto (The Beaches), ON M4L1J3
$9.1M total
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Asset Class
Multifamily
Size
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Building class
C
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
87%
About this property
BEACHES LANDMARK: PREMIER CORNER INVESTMENT Located directly across from the prominent, historic Kew Gardens on Lake Ontario's Kew Beach.This high-profile property on Queen St East serves as a central hub for the commercial heart of the Beach, one of Toronto's most established and desirable neighbourhoods. Set on a 50 x 99 ft corner lot, the fully leased, three-storey mixed-use building provides 4 ground-floor retail stores and 10 upper-level residential/office units, with stable recurring income. (id:66811)
Financial sandbox
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Monthly debt service
$42K
Projected NOI
$317K
Annual cash flow
$-187K
Cash-on-cash
-6.86%
DSCR
0.63
Going-in cap
3.48%
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
129,058
Households
44,813
Median income
$124,000
Median age
37.4
Daytime population
132,304
5-yr growth
8.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2014 QUEEN STREET E, Toronto (The Beaches).
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.