For Sale · Specialty

#PARKING P2-1 - 2 ANNDALE DRIVE, Toronto (Willowdale East)

#PARKING P2-1 - 2 ANNDALE DRIVE, Toronto (Willowdale East), ON M2N0G5

$45,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

87%

About this property

Rare opportunity to purchase a conveniently located underground parking space at 2 Anndale Dr. Measuring approximately 2.55m x 5.7m, this parking space is ideal for residents seeking added convenience, parking for a second vehicle, or additional flexibility within the building. A great opportunity to secure an extra parking space in this desirable location. Purchaser must be a registered owner of a unit at 2 Anndale Dr. (id:66811)

Financial sandbox

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Estimate
Purchase price$45K
Down payment30% · $14K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$208

Projected NOI

$3K

Annual cash flow

$110

Cash-on-cash

0.81%

DSCR

1.04

Going-in cap

5.79%

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

127,818

Households

44,847

Median income

$77,000

Median age

38.7

Daytime population

140,468

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for #PARKING P2-1 - 2 ANNDALE DRIVE, Toronto (Willowdale East).

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.