Business For Sale · Multifamily

1384 KING STREET W, Toronto (South Parkdale)

1384 KING STREET W, Toronto (South Parkdale), ON M6K1H5

$4.5M total

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

96%

About this property

BEAUTIFULLY MAINTAINED 3 STOREY WALK-UP - 18 UNITS - NOI $176,000.00 (2026) - NEW ROOF - NEW BOILER (2025) - EASY PROPERTY TO MANAGE - RENTS WELL BELOW MARKET - GREAT TENANT MIX - LOTS OF NATURAL LIGHT - SEPARATELY METERED - COINAMATIC LAUNDRY (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$4.50M
Down payment30% · $1.35M
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$21K

Projected NOI

$213K

Annual cash flow

$-36K

Cash-on-cash

-2.67%

DSCR

0.86

Going-in cap

4.74%

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

104,286

Households

48,739

Median income

$83,000

Median age

43.8

Daytime population

105,218

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for 1384 KING STREET W, Toronto (South Parkdale).

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.