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Price on request
—
Asset Class
Multifamily
Size
—
Building class
C
Zoning
RA8 — Medium Rise
$ / SF
—
Occupancy
83%
LOCATION, LOCATION, LOCATION! Step into this beautifully renovated 1-bedroom, 1-bathroom suite where everything has been done for you. Featuring brand-new flooring, a refreshed kitchen and bathroom, and freshly painted throughout, this is the perfect place to simply move in, unpack and enjoy. And the location? It doesn't get much better! Vibrant Danforth living is right outside your door, with the subway just steps away, along with trendy shops, cafés, restaurants and everyday conveniences. Enjoy the energy and culture of nearby Greek Town, or head to The Beach for relaxing boardwalk strolls and waterfront escapes. With transit, dining, shopping, entertainment and so much more all within easy reach, you can leave the car behind and enjoy everything the neighbourhood has to offer. Available for lease immediately. Move-in ready. Seller is willing to help with moving costs. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$67K
Annual cash flow
$-16K
Cash-on-cash
-3.54%
DSCR
0.81
Going-in cap
4.48%
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.
Trade area within 3 miles of the property.
Population
143,707
Households
60,500
Median income
$114,000
Median age
35.1
Daytime population
122,417
5-yr growth
9.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1 - 1169 DANFORTH AVENUE, Toronto (Blake-Jones).
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.