For Lease · Multifamily

2 - 88 TRETHEWEY DRIVE, Toronto (Beechborough-Greenbrook)

2 - 88 TRETHEWEY DRIVE, Toronto (Beechborough-Greenbrook), ON M6M4B4

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

92%

About this property

Discover comfort and convenience in this spacious and bright 2-bedroom unit at 88 Trethewey Drive. Situated in a well-maintained multiplex, this inviting unit offers an excellent opportunity to enjoy city living in a connected and family-friendly neighbourhood. Featuring generous principal rooms, large windows that fill the space with natural light, and a functional layout ideal for everyday living and entertaining. Conveniently located just east of Black Creek Drive and north of Eglinton Avenue West, residents enjoy quick access to Highways 401 & 400, TTC transit at your doorstep, and a direct bus route to Eglinton Subway Station and the upcoming Eglinton Crosstown LRT. Walking distance to local schools, parks, shopping, and everyday amenities makes this an ideal location for commuters and families alike. All utilities are included for added value and ease of living. Parking is available for an additional $80/month. A fantastic opportunity to lease a bright and spacious home in a well-connected Toronto neighbourhood. Photos are from previous listing. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

68,846

Households

30,945

Median income

$86,500

Median age

40.1

Daytime population

91,902

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 2 - 88 TRETHEWEY DRIVE, Toronto (Beechborough-Greenbrook).

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.