For Lease · Specialty

PARKING - 39 BRANT STREET, Toronto (Waterfront Communities)

PARKING - 39 BRANT STREET, Toronto (Waterfront Communities), ON M5V2L9

Price on request

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

85%

About this property

Underground parking available at Brant Park Condos. Lot is fully-secured, with CCTV monitoring, unique fob access and security patrolling. Lot is located on parking level P3 and accessed via parking elevator. Spots are for rent to building residents or members of the public. Photo ID required for lease. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

82,637

Households

33,683

Median income

$116,000

Median age

32.6

Daytime population

132,505

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for PARKING - 39 BRANT STREET, Toronto (Waterfront Communities).

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.