For Lease · Multifamily

1 - 280 ANNETTE STREET, Toronto (Junction Area)

1 - 280 ANNETTE STREET, Toronto (Junction Area), ON M6P1R4

Price on request

—

Asset Class

Multifamily

Size

—

Building class

A

Zoning

RA8 — Medium Rise

$ / SF

—

Occupancy

100%

About this property

Up for Lease is a cozy and spacious 2 BR Apt on Mainfloor of a well-maintained property. This unit features One bedroom can be used as a formal living room with a large window, a 12ft height ceiling and pot lights; A spacious bedroom that fits a Kingsize bed and a closet; A kitchen with a gas stove and lot of cabinets; and a 4Pc bathroom. Enjoy extra storage in the basement. Nice and quiet neighbourhood. 10-15 mins walk to Runnymede Subway or High Park Station, fronting on Annette st for easy acess to bus stops, amenities, restaurants and churches... French Immersion School and Community Center right across the street. Hydro+Gas+Water INCLUDED (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

42,842

Households

17,352

Median income

$100,500

Median age

44.5

Daytime population

61,554

5-yr growth

4.9%

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

Secure deal room

Confidential diligence documents for 1 - 280 ANNETTE STREET, Toronto (Junction Area).

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.