For Sale · Multifamily

A - 689 MANNING AVENUE, Toronto (Annex)

A - 689 MANNING AVENUE, Toronto (Annex), ON M6G2W3

Price on request

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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

88%

About this property

Elegant Custom Home Offers Unparalleled Craftsmanship And Exceptional Amenities! Enjoy Easy Living In This Open-Concept Space Awash With Natural Light. Floor Plan Encompasses 4 Spacious Bdrms With Ample Room For Sleep & Storage, 2 Luxurious Bathrooms & Exposed Brick Powder Room, Sleek And Stylish Kitchen That Flows Between Living/Dining Area and Family Room. Garage Parking and Outdoor Space. This Home Is Ideally Located in Seaton Village & The Annex. Steps To Transit (Christie and Bathurst Subway Stations), Schools, Shopping, & Parks (Christie Pits and Vermont Square). (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

108,473

Households

47,325

Median income

$99,500

Median age

31.4

Daytime population

113,844

5-yr growth

5.8%

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

Secure deal room

Confidential diligence documents for A - 689 MANNING AVENUE, Toronto (Annex).

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.