For Sale · Multifamily

303 - 1024 O'CONNOR DRIVE, Toronto (O'Connor-Parkview)

303 - 1024 O'CONNOR DRIVE, Toronto (O'Connor-Parkview), ON M4B2T3

Price on request

—

Asset Class

Multifamily

Size

—

Building class

C

Zoning

RF6 — Medium Density

$ / SF

—

Occupancy

87%

About this property

All Utilities Included!!! Bright and freshly updated top-floor corner unit in a well-maintained mid-rise brick building, this cozy 1-bedroom features refinished hardwood floors throughout, fresh paint, and a functional layout that maximizes every square foot. The kitchen is equipped with brand new full-size stove and fridge, tile backsplash, and ample cabinet storage, while the spacious bedroom offers a large window with plenty of natural light. The 4-piece bathroom features classic white tile with a shower/tub combination. Enjoy the comfort of classic radiator heat, coin laundry on-site, and a well-kept building with green space - all ideally situated near St. Clair Ave E with easy access to TTC, shops, restaurants, and parks. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

79,852

Households

31,949

Median income

$129,000

Median age

34.9

Daytime population

103,815

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 303 - 1024 O'CONNOR DRIVE, Toronto (O'Connor-Parkview).

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.