For Sale · Multifamily

312 DUFFERIN STREET, Toronto (South Parkdale)

312 DUFFERIN STREET, Toronto (South Parkdale), ON M6K1Z6

$1.2M total

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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

LOCATION LOCATION LOCATION. Acquire this Parkdale property with incredible development potential. This semi-detached building is currently vacant and can be renovated for single family use or possible duplex. This area of Dufferin is rapidly changing and the convenience of this location is off the charts. Access to public transit, major roadways, shopping, restaurants, and everything else. Renovate, rent, and hold or purchase neighboring properties and assemble for a larger project. Property is being sold in "as is, where is" condition, without any representations or warranties by the Seller (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.20M
Down payment30% · $360K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$37K

Annual cash flow

$-30K

Cash-on-cash

-8.22%

DSCR

0.55

Going-in cap

3.07%

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

106,468

Households

39,440

Median income

$69,500

Median age

37.2

Daytime population

108,915

5-yr growth

7.4%

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

Secure deal room

Confidential diligence documents for 312 DUFFERIN STREET, 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.