For Lease · Multifamily

15A ROCKWOOD DRIVE, Toronto (Cliffcrest)

15A ROCKWOOD DRIVE, Toronto (Cliffcrest), ON M1M3M9

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA9 — High Rise

$ / SF

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Occupancy

85%

About this property

Welcome to this spacious main-floor unit in the heart of the desirable Cliffcrest neighbourhood of Toronto. This bright and comfortable 3-bedroom, 1-bathroom residence offers a well-laid-out floor plan, ideal for families or professionals seeking ample living space in a prime location. Nestled on Rockwood Drive, you'll enjoy easy access to transit, shops, parks and local amenities. Includes private parking for added convenience. Offered for lease at $2,300/month. Don't miss the opportunity to call this 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
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

60,010

Households

24,386

Median income

$69,500

Median age

37.2

Daytime population

60,979

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 15A ROCKWOOD DRIVE, Toronto (Cliffcrest).

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.