For Sale · Multifamily

307 - 3101 EGLINTON AVENUE E, Toronto (Scarborough Village)

307 - 3101 EGLINTON AVENUE E, Toronto (Scarborough Village), ON M1J2G4

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

96%

About this property

This bright and spacious 3 bedroom suite offers a clean, move-in ready living space with plenty of natural light * The functional layout features an open-concept kitchen with quartz countertops, stainless steel appliances, ceramic tile backsplash, upgraded cabinetry, and a large island with additional counter space * The spacious living area features large windows and beautifully maintained parquet flooring * All three bedrooms are well-sized with ample storage and natural light * Updated bathroom complete with modern fixtures, ceramic tile surround, and contemporary vanity * Located in a secure, well-maintained building with on-site management, residents enjoy access to renovated in-building laundry and lush outdoor green space * Ideally situated close to transit, schools, shopping, restaurants, and major highways * Plenty of outdoor parking available. "Some photos are digitally enhanced and/or virtually staged" (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

142,435

Households

53,163

Median income

$85,000

Median age

41.7

Daytime population

226,567

5-yr growth

3.4%

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

Secure deal room

Confidential diligence documents for 307 - 3101 EGLINTON AVENUE E, Toronto (Scarborough Village).

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.