For Sale · Multifamily

06 - 69 OLD MILL TERRACE, Toronto (Stonegate-Queensway)

06 - 69 OLD MILL TERRACE, Toronto (Stonegate-Queensway), ON M8X1A1

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

83%

About this property

This bright 1 and 1 bathroom suite is ideally located near Bloor St. West Village in a charming boutique building. The unit features abundant natural light, generous storage, and a well-designed layout that maximizes living space. Situated in a vibrant neighbourhood, residents can enjoy a variety of local shops, cafes, and restaurants, all just steps from King's Mill Park. With convenient access to the subway and a short commute to many of Toronto's top amenities and green spaces, this is an opportunity you won't want to miss. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

112,936

Households

45,410

Median income

$133,000

Median age

34.9

Daytime population

100,128

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 06 - 69 OLD MILL TERRACE, Toronto (Stonegate-Queensway).

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.