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Price on request
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Asset Class
Multifamily
Size
—
Building class
A
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
87%
Welcome to 107 Stephen Drive, located in a great Etobicoke neighborhood. Here, you can enjoy a short walk to Humber River, the lake, and local restaurants along the lakeshore. This bright and spacious 3-bedroom suite features recent renovations, including fresh neutral paint, a new kitchen, new bathroom, vinyl flooring, en-suite laundry, new appliances, and crown moulding in living and dining rooms. Large windows throughout provide plenty of natural light. The rental also includes one parking space. The property offers convenient access to downtown Toronto via car or TTC, 1 bus to subway station, just 5 minutes from the Royal York and Old Mill subway stations. Close to St. Mark Catholic Church and School, Sobeys, St. Joseph's Hospital, Etienne Brule Junior School and Humber River Recreational Trail. Minutes to Gardiner Expressway/QEW. Just move in and enjoy! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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.
Trade area within 3 miles of the property.
Population
84,828
Households
36,121
Median income
$125,000
Median age
37.6
Daytime population
88,569
5-yr growth
6.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for (2ND FLOOR) - 107 STEPHEN DRIVE, Toronto (Stonegate-Queensway).
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.