For Lease · Multifamily

B - 33 FLINDON ROAD, Toronto (Humberlea-Pelmo Park)

B - 33 FLINDON ROAD, Toronto (Humberlea-Pelmo Park), ON M9M1J1

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

82%

About this property

A MUST SEE! Enjoy this bright and spacious lease offering comfortable living across the main floor and basement. Featuring A Main Floor that Offers a Kitchen Combined with Living Area, Walkout to Backyard Deck, Bedroom with Walk-In Closet, Laundry, & Ensuite Bathroom. The main floor features an abundance of natural light, an open concept layout flowing into the living room, built-in cabinetry for extra storage, a bedroom with a walk-in closet, and ensuite laundry. Enjoy the added comfort of heated flooring in the main floor bathroom. The basement offers additional open concept layout, creating a bright and functional extra space, additional kitchen along with a bedroom featuring a walk-in closet. The basement includes another set of laundry machines, a cold room, and a walkout door to the backyard. Ideally located on quiet street, with no through traffic, close to bus stops, UP Express, hospitals, elementary and high schools, parks, major highways, grocery stores, bakeries, restaurants, popular fast-food options, and other local amenities. An exceptional opportunity to lease a stylish, contemporary home offering comfort, convenience, and upscale living in a fantastic location! Backyard is shared with other occupants. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

99,599

Households

46,876

Median income

$111,000

Median age

34.5

Daytime population

155,768

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for B - 33 FLINDON ROAD, Toronto (Humberlea-Pelmo 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.