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$1.6M total
—
Asset Class
Retail
Size
—
Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
—
Occupancy
89%
Exceptional investment opportunity in the heart of vibrant Leslieville! Ideally situated along the highly sought-after Queen Street East corridor, this attractive mixed-use property offers a desirable combination of commercial and residential income. Featuring prominent street-level retail frontage with excellent visibility and exposure, complemented by residential accommodation on the upper level, the property presents an appealing opportunity for investors seeking a versatile income-producing asset. Both units are currently tenanted, providing immediate rental income and established occupancy. The property benefits from Queen Street East's strong pedestrian and vehicular traffic, surrounded by an eclectic mix of popular restaurants, cafés, boutique shops, independent retailers and everyday amenities. Enjoy convenient access to public transit, including the Queen streetcar, as well as easy connectivity to downtown Toronto and surrounding neighbourhoods. Located in one of Toronto's most dynamic and evolving east-end communities, this is an outstanding opportunity to acquire a well-positioned mixed-use property with long-term investment appeal. (id:66811)
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Monthly debt service
$7K
Projected NOI
$80K
Annual cash flow
$-7K
Cash-on-cash
-1.50%
DSCR
0.92
Going-in cap
5.09%
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.
Trade area within 3 miles of the property.
Population
48,758
Households
17,757
Median income
$111,500
Median age
32.7
Daytime population
57,425
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1118 QUEEN STREET E, Toronto (South Riverdale).
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.