For Sale · Multifamily

LOWER LEVEL - 91 BISHOP AVENUE, Toronto (Newtonbrook East)

LOWER LEVEL - 91 BISHOP AVENUE, Toronto (Newtonbrook East), ON M2M1Z5

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

90%

About this property

Be the first to live in this stunning brand-new 2-bedroom, 2-bathroom lower-level suite, ideally located just steps from Finch Station. Thoughtfully designed with upscale finishes and a spacious, functional layout, this bright residence features a beautiful new kitchen with sleek cabinetry and dishwasher, convenient ensuite laundry, and the rare luxury of a primary bedroom with its own ensuite bathroom. The generous living and dining areas offer an inviting space for both everyday living and entertaining, complete with a stylish electric fireplace for added warmth and ambiance. Includes two tandem parking spaces. A truly exceptional opportunity to enjoy modern luxury, comfort, and convenience in one of North York's most connected locations. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

88,473

Households

36,041

Median income

$115,000

Median age

35.7

Daytime population

105,548

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for LOWER LEVEL - 91 BISHOP AVENUE, Toronto (Newtonbrook East).

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.