For Sale · Multifamily

BSMT - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence)

BSMT - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence), ON M6B1Z4

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

86%

About this property

Welcome to 550 Glencairn Avenue, a beautifully maintained residence offering over 650 square feet of thoughtfully designed living space. Bright, modern, and inviting, this exceptional home combines contemporary comfort with the convenience of a private entrance and direct access to a spacious backyard-an ideal setting for enjoying the outdoors.The thoughtfully appointed interior offers a seamless blend of style and functionality, creating a welcoming retreat for professionals, couples, or anyone seeking a refined urban lifestyle. Every detail has been considered to provide a comfortable and modern living experience in one of Toronto's most desirable communities.The large bedroom offers a his or her closet perfect for couples looking to have their own vibrant space for their own belongings.Ideally situated just minutes from Glencairn Subway Station and within close reach of the newly opened Forest Hill LRT Station, this residence offers excellent access to public transit and effortless connectivity throughout the city. The surrounding neighbourhood is rich in amenities, with excellent schools, beautiful parks, local shops, and a variety of restaurants and cafes all nearby.For added convenience, Yorkdale Shopping Centre, Allen Road, and Highway 401 are just a short drive away, placing an exceptional selection of shopping, dining, and major transportation routes within easy reach.Rarely does an opportunity arise to lease in a well-established and sought-after neighbourhood. Discover the perfect balance of modern living, private outdoor space, and everyday convenience at 550 Glencairn Avenue. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

86,897

Households

39,820

Median income

$117,000

Median age

35.4

Daytime population

120,449

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for BSMT - 550 GLENCAIRN AVENUE, Toronto (Englemount-Lawrence).

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.