1/5020 MAYNARD AVENUE, Toronto (South Parkdale)
20 MAYNARD AVENUE, Toronto (South Parkdale), ON M6K2Z9
$4.2M total
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Asset Class
Multifamily
Size
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Building class
A
Zoning
RA9 — High Rise
$ / SF
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Occupancy
88%
About this property
Prime Turnkey Investment Property With 18 Legal Self-Contained Apartments In A Well Maintained And Upgraded Converted Building. 15 Bachelors, 2 Two Bedrooms And 1 Large Open Concept Unit, Wide 40' X 145' Lot With A Private Drive And 2 Large Parking Spaces. Many Below Market Rents With Upside In A Rapidly Improving Neighbourhood Between Queen West And Roncesvalles. Well Managed And In Great Repair, Clean And Easy To Manage With A Great Mix Of Young Professional And Mature Tenants. 3 Large Rear Units Newly Constructed, Including Central Air Conditioning and Ensuite Laundry. Rent Roll And Expenses, Floor Plans, Building Permits And Survey Attached. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$19K
Projected NOI
$155K
Annual cash flow
$-77K
Cash-on-cash
-6.13%
DSCR
0.67
Going-in cap
3.70%
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
73,018
Households
29,133
Median income
$131,000
Median age
38.8
Daytime population
80,972
5-yr growth
3.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 20 MAYNARD AVENUE, Toronto (South Parkdale).
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.