1/151 - 74 BURLINGTON STREET, Toronto (Mimico)
1 - 74 BURLINGTON STREET, Toronto (Mimico), ON M8V2L2
Price on request
—
Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA9 — High Rise
$ / SF
—
Occupancy
88%
About this property
Charming, unfurnished ground floor unit in the heart of Mimico! Welcome to 74 Burlington Street, an exceptionally bright, spacious, and spotlessly maintained main-floor home in a triplex. Features a functional galley eat-in kitchen complete with ceramic tile flooring, subway-tile backsplash, double stainless steel sink, stainless steel stove, white refrigerator, ample white cabinetry, and built-in pantry storage. High-traffic laminate and hardwood flooring flow through the living areas and two generously sized, sunlit bedrooms. Enjoy the added benefit of two exterior parking spaces-one at the front and one at the back. Shared, separately metered laundry is located on-site (no coin operation required). Professional landscaping and snow removal services are included for ultimate convenience. Ready to welcome you home! Tenant pays: Hydro, Hot water tank rental fee & cost to heat the water. Landlord pays: cost to provide heat to the building, Water, landscaping, and snow removal. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$74K
Annual cash flow
$-10K
Cash-on-cash
-2.11%
DSCR
0.89
Going-in cap
4.91%
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
122,082
Households
53,108
Median income
$90,000
Median age
44.1
Daytime population
165,979
5-yr growth
1.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1 - 74 BURLINGTON STREET, Toronto (Mimico).
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.