For Sale · Multifamily

51 BRAEMAR AVENUE, Toronto (Yonge-Eglinton)

51 BRAEMAR AVENUE, Toronto (Yonge-Eglinton), ON M5P2L1

$1.8M total

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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

95%

About this property

Exceptional Duplex Opportunity in a Prime Location! A rare opportunity to own a spacious duplex on an impressive 35 x 130 ft lot in a highly desirable location! Offering exceptional versatility and endless possibilities for investors, renovators, and end users alike. Enjoy the flexibility to maintain the existing two-unit configuration, convert the property into a spacious single-family home, or explore its additional income potential. Each generously sized unit offers approximately 1,500 sq. ft. of living space, featuring 3 bedrooms, 1 bathroom, and a welcoming living room with a beautiful focal-point fireplace. Both units offer spacious layouts and excellent potential for renovation, modernization, and value enhancement. Explore the potential to add additional income-generating units and maybe even a garden suite. Additional features include separate metering for the Main Floor and Upper Floor, a private driveway, and an unfinished basement offering additional storage and future customization possibilities. The location is hard to beat! Just steps to Eglinton Avenue and conveniently close to public transit, the scenic Beltline Trail, parks, walking paths, and excellent schools. Enjoy easy access to everyday amenities while benefiting from the charm and convenience of an established neighbourhood. Whether you're looking to invest, renovate, convert to a single-family home, or explore additional income opportunities, this property offers tremendous potential in a sought-after location. Bring your vision and unlock the possibilities! (id:66811)

Financial sandbox

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Estimate
Purchase price$1.77M
Down payment30% · $531K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$85K

Annual cash flow

$-14K

Cash-on-cash

-2.55%

DSCR

0.86

Going-in cap

4.78%

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

123,046

Households

51,239

Median income

$80,500

Median age

40.6

Daytime population

135,455

5-yr growth

7%

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

Secure deal room

Confidential diligence documents for 51 BRAEMAR AVENUE, Toronto (Yonge-Eglinton).

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.