For Lease · Multifamily

5 - 427 CRAWFORD STREET, Toronto (Palmerston-Little Italy)

5 - 427 CRAWFORD STREET, Toronto (Palmerston-Little Italy), ON M6G3J7

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

89%

About this property

A rare opportunity to lease a top-floor suite in a charming 6-plex. Originally built in 1915 and thoughtfully updated within the last decade, this bright and spacious 2-bedroom apartment blends character with modern comfort. Featuring hardwood floors throughout, a contemporary white kitchen with centre island, quartz countertops, built-in stainless steel appliances and gas cooking, all overlooking an inviting living area complete with a gas fireplace.Enjoy a spa-inspired bathroom, two generously sized bedrooms, and a private balcony walkout off the kitchen. Perfectly situated within walking distance to the restaurants, cafés, and shops of College West and Ossington Ave. Convenient access to TTC including the 506 College streetcar and Ossington bus routes. Steps to Metro, Shoppers Drug Mart, LCBO, parks, and everyday amenities. Permit street parking available through the City of Toronto. (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

88,004

Households

38,663

Median income

$135,000

Median age

39.5

Daytime population

101,455

5-yr growth

6.1%

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

Secure deal room

Confidential diligence documents for 5 - 427 CRAWFORD STREET, Toronto (Palmerston-Little Italy).

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.