Business For Sale · Multifamily

1 - 466 DUFFERIN AVENUE, London East (East F)

1 - 466 DUFFERIN AVENUE, London East (East F), ON N6B1Z8

Price on request

780 SF

Asset Class

Multifamily

Size

780 SF

Building class

B

Zoning

RA8 — Medium Rise

$ / SF

—

Occupancy

97%

About this property

Large Renovated 2 Bedroom Above Variety Cafe in Historic Woodfield - ALL INCLUSIVE! Live in the heart of London's charming Historic Woodfield neighbourhood, one of the city's most desirable Victorian areas (named one of Canada's greatest neighbourhoods). This very large, bright apartment sits directly above the trendy Variety Cafe on Dufferin Avenue - perfect for coffee lovers and those who enjoy the vibrant energy of a popular local spot right downstairs. Recently fully renovated, the unit features: An abundance of natural light pouring in through large, big windows, two bredooms, large living space and dining room with eat in kitchen. Fresh throughout At just $1,790 per month with ALL utilities included (hydro, heat, water - everything!), this is an exceptional value. In the Woodfield area, all-inclusive rents like this are rare - meaning you'll have zero extra expenses beyond the rent. No surprise bills, no hassle - just move in and enjoy carefree living. Steps from Victoria Park, Richmond Row, downtown London, and the Old East Village, you'll love the walkable lifestyle, beautiful tree-lined streets, and historic character all around you. This bright, spacious, and stylish home won't last long. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy757 SF2033-02

Area demographics

Trade area within 3 miles of the property.

Population

100,896

Households

43,562

Median income

$70,000

Median age

39.5

Daytime population

158,649

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 1 - 466 DUFFERIN AVENUE, London East (East F).

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.