For Sale · Multifamily

3 - 198 AUGUSTA AVENUE, Toronto (Kensington-Chinatown)

3 - 198 AUGUSTA AVENUE, Toronto (Kensington-Chinatown), ON M5T2L6

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

94%

About this property

Live In Boho Kensington Market! Spacious One Bedroom Apartment In Low Rise Building. Convenient Open Concept Living Room/Kitchen. Balcony of Bedroom. Laminate Flooring & Tile Throughout. Amazing Location, Close To Everything - Kensington Market, Chinatown, U Of T, Queen's Park, Hospitals, Ryerson University, Ago, TTC Subway/Streetcars, Parks, Shops, Restaurants, Cafes, Nightlife & Entertainment. Central A/C, Coin Laundry In Building. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

105,369

Households

40,201

Median income

$64,500

Median age

40.5

Daytime population

154,814

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 3 - 198 AUGUSTA AVENUE, Toronto (Kensington-Chinatown).

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.