Business For Sale · Multifamily

33 SOUTH STATION STREET, Toronto (Weston)

33 SOUTH STATION STREET, Toronto (Weston), ON M9N2B2

$1.3M total

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

91%

About this property

Freestanding mixed-use investment property steps to Weston GO/UP Express Station, situated on an expansive 3,293 sq. ft. lot with 33ft. frontage and 100 ft. depth. This well-maintained building features a 500 sq. ft. commercial office space at the front and 4 fully leased residential apartments at the rear, across the main and upper levels (2 bachelor-style units and 2 one-bedroom apartments). Located in a well-connected area, a short walk from Weston's transit hub, the property offers excellent exposure along a busy commercial strip with convenient access to Highway 401, Humber River Hospital and local amenities, making it a high-demand rental area. A turnkey opportunity for investors looking to add a well-positioned mixed-use asset to their portfolio. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.33M
Down payment30% · $399K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$48K

Annual cash flow

$-25K

Cash-on-cash

-6.35%

DSCR

0.66

Going-in cap

3.64%

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

106,835

Households

49,618

Median income

$138,000

Median age

39.6

Daytime population

161,925

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for 33 SOUTH STATION STREET, Toronto (Weston).

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.