For Lease · Multifamily

#2 - 1110 WESTON ROAD, Toronto (Mount Dennis)

#2 - 1110 WESTON ROAD, Toronto (Mount Dennis), ON M6N3S4

Price on request

—

Asset Class

Multifamily

Size

—

Building class

B

Zoning

RF6 — Medium Density

$ / SF

—

Occupancy

97%

About this property

Vacant, immediate move-in. No pets allowed. All utilities included. No a/c. Unit will be professional cleaned and touched up before tenant's move-in. Welcome to this newly renovated 2-bedroom, 1-bathroom rental suite at 1110 Weston Road. Bright and freshly updated throughout, this well-maintained unit offers comfortable living with modern finishes and a functional layout ideal for professionals, couples, or small families. Enjoy the convenience of all utilities included in the monthly rent (heat, hydro, and water), making budgeting simple and stress-free. Shared laundry facilities (washer and dryer) are available within the building for tenant use. Conveniently located close to TTC transit, shopping, restaurants, parks, schools, and everyday amenities, with easy access to major routes for commuters. A fantastic opportunity to lease a renovated, move-in-ready home in a convenient Toronto location. *** The legal rental price is $2,066.33/month. A 2% discount is available for timely rent payments, reducing the monthly rent to the advertised rate of $2,025/month. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

101,652

Households

46,780

Median income

$123,000

Median age

37.3

Daytime population

141,804

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for #2 - 1110 WESTON ROAD, Toronto (Mount Dennis).

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.