For Sale · Multifamily

307 - 5 HILL HEIGHTS ROAD ROAD, Toronto (Stonegate-Queensway)

307 - 5 HILL HEIGHTS ROAD ROAD, Toronto (Stonegate-Queensway), ON M8Y1Y9

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

88%

About this property

Experience elevated living in this fully renovated 2 bedroom luxurious apartment in the heart of Etobicoke, offering a serene view of lush greenery with a backdrop of distant condos, just steps from the lakefront. Located on the top floor of a well-maintained building, this spacious suite has been thoughtfully redesigned with contemporary elegance and modern functionality in mind. Step into a bright, open-concept living space featuring wide-plank flooring, large windows hat flood the unit with natural light. The chef's kitchen is a standout, equipped with stainless steel appliances, quartz countertops, custom cabinetry, and a stylish tile backsplash-perfect for entertaining or everyday living. Situated close to waterfront trails, parks, shopping, transit, and major highways, this unit combines serene living with urban convenience. Ideal for professionals or families seeking comfort and style. This Etobicoke area also has a great variety of shops and services, with a Sobeys only a 10-minute walk. Sherway Gardens provides ample brand shopping with everything from department stores to dining. Living in close proximity to the Gardiner Expressway as well as the GO Train and public transit, this community offers great accessibility and convenience. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

57,348

Households

23,418

Median income

$107,000

Median age

31.9

Daytime population

64,732

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for 307 - 5 HILL HEIGHTS ROAD ROAD, Toronto (Stonegate-Queensway).

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.