For Lease · Multifamily

2ND FLOOR - 193 HEATH STREET W, Toronto (Casa Loma)

2ND FLOOR - 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

RF6 — Medium Density

$ / SF

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Occupancy

100%

About this property

Welcome to Heath Manor at 193 Heath St W, an extraordinary second-floor residence in the heart of prestigious Forest Hill Village offering approximately 1885 sq. ft. of luxurious living space. Set within a grand turn-of-the-century home on a quiet, tree-lined street, this beautifully renovated suite seamlessly blends timeless character with modern sophistication. Flooded with natural light, this thoughtfully designed residence features grand principal rooms, beautiful wood flooring throughout, a decorative fireplace, central air conditioning, ensuite laundry, and an upgraded open-concept kitchen with stainless steel appliances that flows effortlessly into the dining area - perfect for both everyday living and entertaining! The spacious primary retreat features a 3-piece ensuite and built-in closets, while the versatile third bedroom offers exceptional flexibility as an elegant sunroom, solarium, home office, guest room or third bedroom. Large windows throughout frame peaceful views of the surrounding greenery, creating a bright and private atmosphere that is rarely found in the city. Enjoy your outdoor oasis with use of the private courtyard, complemented by the home's beautiful outdoor living spaces and lush surroundings. Generously sized bedrooms, built-in closets, pot lights, designer chrome light fixtures, roller shades and additional storage complete this remarkable offering. Located just steps from Forest Hill Village's boutique shops, fine dining, private schools including Upper Canada College and Bishop Strachan School, beautiful city parks, the St. Clair West streetcar and TTC subway access, this exceptional residence offers an unparalleled lifestyle in one of Toronto's most coveted neighbourhoods. Grass cutting and snow removal included in the lease price while utilities are only an additional flat fee of $250 per month. Rarely does a home of this size, character, and quality become available for lease - don't miss the opportunity to call Heath Manor 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
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

61,116

Households

27,518

Median income

$70,500

Median age

39

Daytime population

87,998

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for 2ND FLOOR - 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.