For Lease · Multifamily

MAIN & LOWER - 7 BRAEMAR AVENUE, Toronto (Yonge-Eglinton)

MAIN & LOWER - 7 BRAEMAR AVENUE, Toronto (Yonge-Eglinton), ON M5P2L1

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

89%

About this property

2 +1 bedrooms ... 1 total parking spaces. Perfectly Located Exquisite "Chaplin Estates" Executive Rental Expansive renovated Main Floor Suite consisting of approximately 1300 sq ft with 2 Bedrooms , 1 elegant 4 Piece Bathroom and Walk out to a massive Covered Patio Plus ...A Fully Finished Lower Level of approximately 1000 sq ft with an additional ( 3rd ) Bedroom , a 3 piece Bathroom ... and a massive "Recreation" room with "wet- bar" and storageThe recently renovated elegant Kitchen provides a generous centre island, and granite countertops throughoutPremium Appliances include :.....built in panelled "Sub Zero" Refrigerator.....built-in panelled "Miele"Dishwasher4 burner "Kitchen-Aid" Stove... "U-Line" Wine Fridge... "Panasonic" MicrowaveCharming Living Room is warmed with a Gas Fireplace and enhanced by a beautiful Bay Widow Renovated Laundry Facilities are provided in the Lower Level and shared with the Upper Suite A Private Drive Access a parking in a Single Car Garage Steps to Toronto's Finest Schools, Parks and Subway, Transit, Forest Hill And Yorkville , best restaurants and ShoppingThe Perfect Mid-Town Location. Prperty also available for lease furnished: $5,499/mo. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

73,056

Households

28,101

Median income

$132,000

Median age

35.7

Daytime population

123,016

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for MAIN & LOWER - 7 BRAEMAR AVENUE, Toronto (Yonge-Eglinton).

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.