For Sale · Multifamily

1 - 600 CHURCH STREET, Toronto (Church-Yonge Corridor)

1 - 600 CHURCH STREET, Toronto (Church-Yonge Corridor), ON M4Y2E7

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA9 — High Rise

$ / SF

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Occupancy

89%

About this property

Available now! Cute and affordable studio on main floor in the heart of the Church and Wellesley village, steps away from Wellesley subway and Yonge Street. Newly renovated with bright east facing windows. Suit a student or professional couple. Universities and hospitals close by. Heat and electricity included but water is extra. Coin Laundry next street over on Gloucester. Some photos are virtually staged. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

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

137,290

Households

52,881

Median income

$90,500

Median age

31

Daytime population

141,729

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 1 - 600 CHURCH 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.