For Lease · Multifamily

1 - 207 CONNAUGHT AVENUE, Toronto (Newtonbrook West)

1 - 207 CONNAUGHT AVENUE, Toronto (Newtonbrook West), ON M2M1H6

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

88%

About this property

Be the first to live in this beautiful brand new 3 bedroom unit. Don't miss your opportunity to lease the last remaining unit in this stunning, newly built multiplex in the highly sought-after Yonge & Finch area. This beautiful 3-bedroom residence offers a spacious, modern layout with high-end contemporary finishes throughout. Enjoy a bright open-concept living and dining space, kitchen featuring sleek cabinetry and stainless-steel appliances, generously sized bedrooms - primary includes an ensuite bathroom, and stylish finishes designed for comfortable everyday living. One parking space is included. Located in a prime North York neighbourhood, just steps from transit, shopping, restaurants, parks, schools and everyday amenities, with convenient access to Yonge Street, Finch Station and major routes. This is the FINAL UNIT AVAILABLE in the building. Available for move-in immediately. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

117,846

Households

46,406

Median income

$64,500

Median age

39.8

Daytime population

143,742

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 1 - 207 CONNAUGHT AVENUE, Toronto (Newtonbrook 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.