For Lease · Multifamily

L06 - 686 BATHURST STREET, Toronto (Palmerston-Little Italy)

L06 - 686 BATHURST STREET, Toronto (Palmerston-Little Italy), ON M5S2R3

Price on request

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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

96%

About this property

Contemporary 1-bedroom apartment for lease, offering a comfortable and efficient layout with high ceilings and clean, modern finishes throughout; this lower-level suite receives plenty of natural light without the typical feel of a basement unit. The sleek kitchen features high-gloss cabinetry, stainless steel appliances, and a dishwasher, while the modern bathroom offers coordinating high-gloss finishes. Individually controlled, energy-efficient heating and air conditioning provide year-round comfort. Additional building features include security cameras and on-site coin laundry. Ideally located near Bloor Street, Kensington Market, Toronto Western Hospital, universities, downtown, restaurants, shops, cafés, and public transit. An excellent rental opportunity combining modern design, comfort, and convenient city living. Please note that the photos are from a similar unit. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

59,757

Households

26,215

Median income

$107,000

Median age

32.5

Daytime population

98,989

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for L06 - 686 BATHURST 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.