For Sale · Multifamily

6 - 2719 LAKE SHORE BOULEVARD W, Toronto (Mimico)

6 - 2719 LAKE SHORE BOULEVARD W, Toronto (Mimico), ON M8V1G9

Price on request

—

Asset Class

Multifamily

Size

—

Building class

C

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

89%

About this property

Newly Renovated. Bright & Spacious 2 Bedrooms Apartment Located In The Heart Of Mimico , Separate Formal Dining Room, Large & Cozy Living & Dining Area. Tons Of Natural Light, Brand New Kitchen With Granite Counter Top, And High End Appliances, Walk To Lake, Shops, Public Transportation, & Go, Longer Lease Preferred. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

117,315

Households

43,463

Median income

$132,000

Median age

35.7

Daytime population

109,892

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for 6 - 2719 LAKE SHORE BOULEVARD W, Toronto (Mimico).

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.