For Lease · Land

70B DUNSTALL CRESCENT, Toronto (West Hill)

70B DUNSTALL CRESCENT, Toronto (West Hill), ON M1E3M4

$567,500 per sq ft / yr

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

86%

About this property

Low-priced per square foot lot in Toronto! Land parcel now fully registered with its own separate PIN. Adjacent parcel 70A Dunstall also available for sale. Located in West Hill, a neighbourhood defined by mature streetscapes and increasing custom home construction. 8,105 sq. ft. pie-shaped lot featuring approximately 46' of frontage measured at the setback line, expanding to 66' along the rear lot line. TLAB approved for approx. 3,957sq. ft. above grade (plans in attachments). Multiplex design possible. The property includes a generous front yard setback for parking, along with potential access from the rear street. Minutes to Rouge Hill GO Station, 401 & Kingston Rd. Close to University of Toronto Scarborough Campus (4km), Centennial College (4km), Centenary Hospital (5km), Pan Am Centre (4km), Rouge Valley trails, and Lake Ontario. Existing house sits on both 70A and 70B Dunstall and is being sold in its current state with no warranties or representations. Taxes not yet assessed. Correspondence available from Toronto Forestry in support of the proposed redevelopment. (id:66811)

Financial sandbox

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Estimate
Purchase price$568K
Down payment30% · $170K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$27K

Annual cash flow

$-5K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

101,817

Households

43,639

Median income

$90,500

Median age

40.8

Daytime population

172,180

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 70B DUNSTALL CRESCENT, Toronto (West Hill).

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.