For Lease · Multifamily

1 - 57 HEPBOURNE STREET, Toronto (Dufferin Grove)

1 - 57 HEPBOURNE STREET, Toronto (Dufferin Grove), ON M6H1K4

Price on request

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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

89%

About this property

Welcome to this BRAND-NEW, THOUGHTFULLY DESIGNED 2-BEDROOM, 2.5-BATH RESIDENCE in a newly built fourplex at Bloor St W & Dovercourt Rd. Offering a PRIVATE FRONT ENTRANCE AND DEDICATED VERANDA, this unit provides a welcoming sense of arrival, added privacy, and a true sense of independence. Inside, the home features BRIGHT, OPEN-CONCEPT LIVING SPACES with large windows, an abundance of natural light, and pot lights throughout. The CUSTOM CHEF'S KITCHEN is beautifully appointed with sleek cabinetry, STONE COUNTERTOPS, and STAINLESS STEEL APPLIANCES, creating a stylish and functional space for both everyday living and entertaining. Both bedrooms offer GENEROUS CLOSET SPACE AND PRIVATE ENSUITE BATHROOMS, providing exceptional comfort and privacy. The SPACIOUS PRIMARY BEDROOM offers a peaceful retreat, while the thoughtfully designed layout maximizes both functionality and flow. A CONVENIENT POWDER ROOM adds an additional level of comfort for residents and guests. One of the highlights of this property is its PRIVATE VERANDA AND DEDICATED FRONT ENTRY, offering an inviting outdoor space to enjoy your morning coffee, unwind after the day, or welcome guests. The combination of private access and outdoor space is a rare feature in this sought-after downtown location. Additional features include IN-SUITE LAUNDRY, MODERN DESIGNER FINISHES THROUGHOUT, 2 FULL ENSUITE BATHROOMS, and a POWDER ROOM. The versatile layout is ideal for PROFESSIONALS, COUPLES, OR ROOMMATES seeking a sophisticated and comfortable home in the heart of the city. Ideally situated in the VIBRANT BLOOR & DOVERCOURT NEIGHBOURHOOD, you'll be moments from transit, shops, cafes, parks and the best of Bloor St. W. With its BRAND-NEW CONSTRUCTION, PRIVATE ENTRANCE, OUTDOOR VERANDA, STYLISH FINISHES, AND EXCEPTIONAL LOCATION, this unit offers a rare opportunity to lease a truly distinctive home in one of Toronto's most desirable neighbourhoods. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

79,437

Households

29,411

Median income

$86,000

Median age

40.5

Daytime population

96,047

5-yr growth

8.4%

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

Secure deal room

Confidential diligence documents for 1 - 57 HEPBOURNE STREET, Toronto (Dufferin Grove).

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.