For Lease · Multifamily

3 - 299 QUEBEC AVENUE, Toronto (Junction Area)

3 - 299 QUEBEC AVENUE, Toronto (Junction Area), ON M6P2V2

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

96%

About this property

Welcome To This Newly Renovated, Spacious Third-Floor 3-Bedroom Unit In Toronto's Highly Sought-After Junction Neighbourhood. Offering A Generous And Functional Layout With Fresh, Modern Finishes Throughout, This Self-Contained Residence Provides Comfortable Urban Living In One Of The City's Most Desirable West-End Communities. Featuring A Private Kitchen, Well-Proportioned Bedrooms And Plenty Of Living Space, This Unit Is Ideal For Professionals, Couples Or Families Looking For Style, Space And Convenience. Enjoy Easy Access To Transit, Shopping, Schools, Restaurants, Cafés, Parks And Everyday Amenities, With Everything The Junction Has To Offer Just Minutes Away. A Fantastic Opportunity To Lease A Beautifully Updated 3-Bedroom Unit In A High-Demand Toronto Location! (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

122,512

Households

55,749

Median income

$88,500

Median age

45.4

Daytime population

181,561

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 3 - 299 QUEBEC AVENUE, Toronto (Junction Area).

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.