For Lease · Multifamily

MAIN - 193 HEATH STREET W, Toronto (Casa Loma)

MAIN - 193 HEATH STREET W, Toronto (Casa Loma), ON M4V1V3

Price on request

—

Asset Class

Multifamily

Size

—

Building class

B

Zoning

RF6 — Medium Density

$ / SF

—

Occupancy

87%

About this property

Welcome to Heath Manor at 193 Heath Street West, an extraordinary main floor residence in the heart of prestigious Forest Hill Village offering 1,745 sq. ft. of luxurious living space. Set within a grand turn-of-the-century home on a quiet, tree-lined street, this beautifully renovated 3-bedroom, 2-bathroom suite seamlessly blends timeless character with modern sophistication. Flooded with natural light, the thoughtfully designed layout features grand principal rooms, beautiful wood flooring throughout, a decorative fireplace, central air conditioning, ensuite stacked laundry, and an upgraded open-concept kitchen complete with stainless steel appliances that flows effortlessly into the dining area-perfect for both everyday living and entertaining. The spacious primary retreat features a 3-piece ensuite, built-in closets, and walk-out access to a private rear garden patio, while the versatile third bedroom can easily serve as an elegant sunroom, solarium, home office, or guest/3rd bedroom. One of this home's most exceptional features is its two private outdoor living spaces-a charming covered front porch accessed from the kitchen and dining area, and a beautifully landscaped multi-level rear garden patio, creating your own private oasis in the city. Generously sized bedrooms, built-in closets, pot lights, designer chrome light fixtures, roller shades, and additional storage complete this remarkable offering. Located just steps from Forest Hill Village's boutique shops, fine dining, private schools including Upper Canada College and Bishop Strachan School, beautiful city parks, the St. Clair West streetcar, and TTC subway access, this residence offers an unparalleled lifestyle in one of Toronto's most coveted neighbourhoods. Detached garage parking is included, and utilities are a convenient flat fee of just $200 per month. Rarely does a home of this size, character, and quality become available for lease - don't miss the opportunity to call Heath Manor home. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

111,529

Households

41,122

Median income

$108,500

Median age

46

Daytime population

132,215

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for MAIN - 193 HEATH STREET W, Toronto (Casa Loma).

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.