For Sale · Specialty

308 JARVIS STREET, Toronto (Church-Yonge Corridor)

308 JARVIS STREET, Toronto (Church-Yonge Corridor), ON M5A2P2

$60,000 total

—

Asset Class

Specialty

Size

—

Building class

B

Zoning

US — Urban Services

$ / SF

—

Occupancy

97%

About this property

PARKING ONLY - Rare opportunity to own a parking space at 308 Jarvis Street, conveniently located in the heart of downtown Toronto. Perfect for existing residents, landlords, or suite owners in the building who are looking to add massive resale value and rental flexibility to their portfolio. Prime location close to Dundas Street, Ryerson/TMU, Eaton Centre, restaurants, shopping, public transit and major downtown amenities. Excellent opportunity for personal use by someone who lives in the building! Please note: Per condo corporation by-laws, the buyer must be an existing owner or resident within Toronto Standard Condominium Corporation (TSCC) No. 3092. Don't miss out! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$60K
Down payment30% · $18K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$277

Projected NOI

$5K

Annual cash flow

$1K

Cash-on-cash

6.86%

DSCR

1.37

Going-in cap

7.60%

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

104,740

Households

41,777

Median income

$68,000

Median age

41.5

Daytime population

159,002

5-yr growth

3%

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

Secure deal room

Confidential diligence documents for 308 JARVIS STREET, Toronto (Church-Yonge Corridor).

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.