For Lease · Multifamily

656 BROWNS LINE, Toronto (Alderwood)

656 BROWNS LINE, Toronto (Alderwood), ON M8W3V6

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

99%

About this property

Charming 4-bedroom home available for lease in the highly desirable Alderwood neighbourhood! Enjoy a bright, functional layout with a spacious living room, connected dining and kitchen areas, and a main-floor bedroom and one Washroom. Two additional bedrooms are located upstairs. Beautiful big back yard and Private drive. Set on a generous 50 x 120 ft lot, this home is perfect for families. Conveniently located near 427 & QEW, TTC, and just a short walk to Long Branch GO Station. Close to great schools, parks, and everyday amenities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

135,148

Households

54,750

Median income

$125,500

Median age

35.7

Daytime population

139,711

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 656 BROWNS LINE, Toronto (Alderwood).

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.