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$1.3M total
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
85%
Welcome to the Upper Beaches-Toronto's Coastal Crown Jewel!This is more than a property; it's a rare treasure in one of the city's most sought-afterenclaves!Presenting a distinctive income-generating masterpiece featuring three fully self-containedresidential suites, a spacious two-car garage, and individual hydro meters-perfectly tailoredfor the discerning investor or multi-generational family looking to live stylishly whileearning effortlessly.Immerse yourself in the best of city-meets-lakeside living: stroll to the beach, savour theenergy of trendy cafés and restaurants, and enjoy effortless access to the TTC, majorhighways, and the DVP. This location offers the ultimate urban lifestyle with a relaxed,beach-town feel.With tenants currently on a month-to-month basis, you're gifted with unmatchedflexibility-move right in, lease for passive income, or redesign to your heart's content.A rare opportunity not to be missed! (id:66811)
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Monthly debt service
$6K
Projected NOI
$53K
Annual cash flow
$-19K
Cash-on-cash
-4.75%
DSCR
0.74
Going-in cap
4.12%
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.
Trade area within 3 miles of the property.
Population
64,546
Households
24,770
Median income
$84,500
Median age
43.2
Daytime population
56,088
5-yr growth
4.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 29 LOVE CRESCENT, Toronto (East End-Danforth).
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.