For Lease · Multifamily

LOWER - 193 HEATH STREET W, Toronto (Casa Loma)

LOWER - 193 HEATH STREET W, Toronto (Casa Loma), ON M4V1V3

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

92%

About this property

Welcome to Heath Manor at 193 Heath Street West, nestled in the heart of prestigious Forest Hill Village! This beautifully renovated 1-bedroom, 1-bathroom lower-level suite offers comfortable, stylish living in one of Toronto's most sought-after neighbourhoods. Thoughtfully designed with a spacious living room, a full kitchen featuring stainless steel appliances, and attractive wood flooring, this inviting residence combines modern finishes with everyday functionality. The generously sized bedroom provides a comfortable retreat, while the large dedicated laundry room offers valuable additional storage space with room for bicycles and more. All utilities are included in the rent, offering convenient, all-inclusive living with no separate utility bills to worry about. Enjoy the convenience of a private, self-contained living space complemented by the charm and character of this distinguished Forest Hill property. Ideally located on a quiet, tree-lined street, you're just a short walk from Forest Hill Village's boutique shops, cafés, restaurants, grocery stores, beautiful parks, private schools, and convenient TTC subway and streetcar access. Experience the best of established neighbourhood living with modern comforts and exceptional walkability. Whether you're a professional, student, or anyone seeking a comfortable home in a premium Toronto location, this charming fully renovated suite is an excellent opportunity to lease in the heart of Forest Hill Village! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

65,568

Households

27,479

Median income

$113,500

Median age

45.2

Daytime population

72,008

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for LOWER - 193 HEATH STREET W, Toronto (Casa Loma).

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.