For Lease · Multifamily

102 - 160 DOWLING AVENUE, Toronto (South Parkdale)

102 - 160 DOWLING AVENUE, Toronto (South Parkdale), ON M6K3A6

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

91%

About this property

Fully Furnished Designer Studio Apartment | All-Inclusive with Internet and Parking | Welcome to this newly renovated, fully furnished designer studio apartment at 160 Dowling Avenue in Toronto. Located in a charming multiplex, this approximately 400 sq. ft. above-grade lower-level suite offers a bright and stylish living space with large windows, modern finishes, and quality EQ3 furnishings throughout. The open-concept layout features a custom kitchen with generous counter space, a comfortable living area filled with natural light, a spacious sleeping area with a large closet, and the convenience of in-suite laundry and a dishwasher. Residents also enjoy access to a private backyard and outdoor living space. Simply bring your suitcase and move right in.Ideally situated on a quiet residential street in Toronto's west end, this home is within easy reach of everyday amenities, including Dufferin Mall, Metro, No Frills, Walmart Supercentre, Costco, Dollarama, LCBO, and Shoppers Drug Mart. A wide selection of cafs, restaurants, and services are nearby, along with St. Joseph's Health Centre. Outdoor recreation is close at hand with High Park, Masary Park, Close Avenue Parkette, and the waterfront trail system all easily accessible. Convenient TTC transit provides quick access to King Street West and downtown Toronto.Rent is $1,850 per month and includes all utilities, internet, and one surface parking space. A special incentive is available with a 14-month lease, with Months 13 and 14 provided rent-free. This incentive results in an effective monthly rent of approximately $1,540 over the full lease term.A rare opportunity to lease a fully furnished, move-in-ready home with modern finishes, private outdoor space, parking, and exceptional value in one of Toronto's most convenient neighbourhoods. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

56,353

Households

19,507

Median income

$119,500

Median age

34.3

Daytime population

71,559

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 102 - 160 DOWLING AVENUE, Toronto (South Parkdale).

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.