For Lease · Multifamily

UPPER - 340 KEEWATIN AVENUE, Toronto (Mount Pleasant East)

UPPER - 340 KEEWATIN AVENUE, Toronto (Mount Pleasant East), ON M4P2A5

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

A rare opportunity to lease a beautifully renovated upper level residence in one of Toronto's most desirable neighbourhoods. This bright and spacious 2 bedroom, 1 bathroom home overlooks the picturesque setting of Sherwood Park, offering a unique blend of privacy and convenience. The thoughtfully designed open concept layout features hardwood floors, a stunning modern kitchen, and expansive floor to ceiling windows that fill the home with natural light. Walk out to a private deck overlooking the lush ravine, creating the perfect setting to enjoy your morning coffee or unwind at the end of the day. Surrounded by mature trees and tranquil views, this exceptional home feels like a peaceful retreat while remaining just steps to Yonge Street, shops, restaurants, parks, transit, the future LRT, and some of Toronto's top ranked schools. An outstanding opportunity to secure a stylish and rarely available lease in an exceptional location. (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

118,509

Households

41,548

Median income

$74,500

Median age

42.8

Daytime population

101,690

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for UPPER - 340 KEEWATIN AVENUE, Toronto (Mount Pleasant 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.