For Sale · Multifamily

UNIT 3 - 3122 DUNDAS STREET W, Toronto (Junction Area)

UNIT 3 - 3122 DUNDAS STREET W, Toronto (Junction Area), ON M6P2A1

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

97%

About this property

This modern designed multiplex features an urban contemporary 2-bedroom, 1 bath unit situated in the heart of Toronto's Junction Area. This bright south facing unit on the 2nd floor boasts a blend of luxury and practicality. The juliet balcony is wrapped in industrial steel and had ample natural light and airflow throughout the day. The kitchen has ample storage space with a large island peninsula, pendant lighting above and comes complete with stainless steel appliances. The open concept living area is further enhanced by energy-efficient light fixtures, creating a warm ambiance and inviting atmosphere. There is In-suite laundry for your convenience. This property provides a bike rack zone and offers an exclusive rooftop space designated for your enjoyment where one can relish in the city's skyline. Minutes away from Bloor GO train and public transit at your doorstep. Close to Grocery stores, schools, High Park, and great restaurants and shops to explore. This is urban living redefined, right at your doorstep. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

103,051

Households

37,064

Median income

$87,000

Median age

44.5

Daytime population

97,368

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for UNIT 3 - 3122 DUNDAS STREET W, 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.