For Sale · Multifamily

5 - 20 GLEN GORDON ROAD, Toronto (High Park North)

5 - 20 GLEN GORDON ROAD, Toronto (High Park North), ON M6P1B8

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

87%

About this property

Renovated and fully furnished 1-bedroom, 1-bathroom apartment located on Glen Gordon Rd. in the Bloor & Keele area. All-inclusive rent includes hydro, heat, gas, and water. Bed linens, bath linens, and cookware are provided. Features a private ground-floor entrance, bright living room, dining area, and full kitchen with gas stove, fridge, and dishwasher. Excellent location just steps to Bloor-Keele Subway Station, High Park, Bloor West Village, Roncesvalles, restaurants, grocery stores, tennis courts, and a public swimming pool. TV and internet available for $65/month. Laundry available for $60/month. One parking space available for $200/month. Located in a quiet neighbourhood. No pets, no smoking, and no vaping. (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

109,404

Households

51,025

Median income

$123,500

Median age

34.1

Daytime population

185,283

5-yr growth

7.4%

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

Secure deal room

Confidential diligence documents for 5 - 20 GLEN GORDON ROAD, Toronto (High Park North).

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.