For Sale · Multifamily

(UNIT2 - 2 BED 2ND FLR) - 250A SHUTER STREET, Toronto (Moss Park)

(UNIT2 - 2 BED 2ND FLR) - 250A SHUTER STREET, Toronto (Moss Park), ON M5A1W2

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

89%

About this property

Want to move away from an apartment? Separate entrance staircase leads to an exclusive cozy 2 bedroom, 3 pc bath, ensuite laundry on the 2nd floor with a balcony to enjoy. Upgraded unit with stainless steel appliances in kitchen with neutral backsplash. Exclude utilities. Pay per consumption on separate meter. Urban lifestyle, live and work in downtown with ease of commute. Close to Subway, TTC, universities and cafes. Public transporation EZ in mins. No parking hassle. If a larger unit is needed the duplex has another 4 bedroom on the main floor. Looking for AAA+ tenants. (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

112,778

Households

41,296

Median income

$86,000

Median age

40.6

Daytime population

136,241

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for (UNIT2 - 2 BED 2ND FLR) - 250A SHUTER STREET, Toronto (Moss Park).

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.