Business For Sale · Land

87 CEDAR BRAE BOULEVARD SE, Toronto (Eglinton East)

87 CEDAR BRAE BOULEVARD SE, Toronto (Eglinton East), ON M1J2K5

$1.5M total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

96%

About this property

Estate Sale | A Property With Possibilities. An exceptional opportunity to acquire a beautiful parcel of land improved with an approximately 1,500-square-foot bungalow.Whether your vision is to renovate the existing home, redevelop the property, or invest for the future, this property offers a rare opportunity to create value in an established neighbourhood.Estate sale. Property being sold strictly as-is, where-is. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$61K

Annual cash flow

$-22K

Cash-on-cash

-4.98%

DSCR

0.73

Going-in cap

4.05%

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

57,590

Households

23,745

Median income

$95,000

Median age

46

Daytime population

89,940

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 87 CEDAR BRAE BOULEVARD SE, Toronto (Eglinton East).

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.