BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence)BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence) — photo 2BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence) — photo 3BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence) — photo 4BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence) — photo 5BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence) — photo 6BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence) — photo 7BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence) — photo 8BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence) — photo 9BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence) — photo 10
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For Lease · Multifamily

BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence)

BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence), ON M6B1Z4

Price on request

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Asset Class

Multifamily

Size

—

Building class

C

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

87%

About this property

Welcome to 550 Glencairn Avenue, an exquisitely renovated basement residence offering over 500 sq. ft. of bright, refined living space. Thoughtfully designed with contemporary finishes and a private entrance, this elegant home offers a sophisticated retreat in one of Toronto's most sought-after neighbourhoods.Ideally situated just minutes from Glencairn Subway Station and within close reach of the future Forest Hill LRT Station, this residence provides exceptional connectivity throughout the city. Enjoy the convenience of being surrounded by excellent schools, parks, boutique shops, and a variety of dining options, with Yorkdale Mall, Allen Road, and Highway 401 just a short drive away.A rare opportunity to lease a newly renovated home that blends modern elegance, everyday comfort, and an enviable location. Discover the pleasure of calling 550 Glencairn Avenue home. (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

41,438

Households

18,536

Median income

$121,500

Median age

36.3

Daytime population

59,550

5-yr growth

2.1%

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

Secure deal room

Confidential diligence documents for BSMT 2 - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence).

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.