For Sale · Multifamily

2ND FLOOR - 18 AVON DRIVE, Toronto (Keelesdale-Eglinton West)

2ND FLOOR - 18 AVON DRIVE, Toronto (Keelesdale-Eglinton West), ON M6M1P8

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

82%

About this property

Stunning Fully Renovated 2-Bedroom Apartment In A Fantastic Location! This Spacious Unit Offers Finishes Throughout, Including A Stylish Kitchen With Quartz Countertops, An Oversized Island With A Breakfast Bar And Wine Rack, And High-End Stainless Steel Appliances. Enjoy A Bright, Open-Concept Living And Dining Area, Two Large Bedrooms With Generous Closet Space, Ensuite Laundry, And Laminate And Ceramic Flooring Throughout. Just A 2-Minute Walk To Keelesdale Subway Station And Conveniently Located Close To Shopping, Restaurants, Transit, 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
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

93,715

Households

36,550

Median income

$105,000

Median age

33.7

Daytime population

155,629

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for 2ND FLOOR - 18 AVON DRIVE, Toronto (Keelesdale-Eglinton West).

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.