Business For Sale · Specialty

1309 KING STREET W, Toronto (South Parkdale)

1309 KING STREET W, Toronto (South Parkdale), ON M6K1G9

$899,900 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

90%

About this property

King Street West 3 Storey Semi-Detached, Solid Brick Family Home. Victorian Charm With Many Original Architectural Details, Grand Main Stairway, Rear Servants Stairway, 3rd Floor Front Balcony And Large Room Sizes. Now A Blank Canvas And Ready To Choose New Flooring, Fixtures, Kitchen And Bathroom. Rear Flat Roof Suitable For Roof Deck, 3 Spacious Floors Plus Full Basement With Rear Entrance And Front Cold Room. Updated Mechanics With 100 Amp Service And Newer Central Air Conditioner. Parking For 2 Cars With Laneway Access. Near Dufferin Street Close To Liberty Village, Major Transit Routes And Many Amenities. Property To Be Sold As-Is With No Warranties.**EXTRAS** Floor Plans Attached. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$900K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$63K

Annual cash flow

$13K

Cash-on-cash

4.72%

DSCR

1.26

Going-in cap

6.96%

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

39,754

Households

15,407

Median income

$87,000

Median age

31.9

Daytime population

62,075

5-yr growth

3.6%

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

Secure deal room

Confidential diligence documents for 1309 KING STREET W, Toronto (South Parkdale).

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.