For Sale · Multifamily

302 - 1651 VICTORIA PK AVENUE, Toronto (Wexford-Maryvale)

302 - 1651 VICTORIA PK AVENUE, Toronto (Wexford-Maryvale), ON M1R1P9

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

91%

About this property

LOCATION, LOCATION, LOCATION! ONE MONTH FREE RENT! Move in with a 12-month lease and enjoy your 11th month RENT FREE! only for new tenant move in Discover comfortable living at Waxford Manor, offering spacious, bright and renovated apartments in a prime Toronto location with TTC right at your doorstep! Enjoy peace of mind in this well-maintained, professionally managed 8-storey building, proudly holding an impressive 93% Rent Safe TO rating. Building Features & Amenities: Secure building access and 24/7 video surveillance 24/7 live-in superintendent On-site property management office, open 3 days a week Two elevators and two stairwells Convenient coin-operated laundry facilities Locker rooms for additional storage Outdoor parking: $70/month Indoor parking: $90/month Unbeatable Location & Connectivity: Steps to TTC, with easy access to the DVP, Highway 401, Eglinton Crosstown LRT and GO stations. Enjoy nearby grocery stores, restaurants, shopping, markets and everyday conveniences. Make Waxford Manor your next home! Professionally managed by Sawera Property Management (SPM). (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

67,163

Households

28,122

Median income

$137,000

Median age

36.9

Daytime population

88,789

5-yr growth

1.3%

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

Secure deal room

Confidential diligence documents for 302 - 1651 VICTORIA PK AVENUE, Toronto (Wexford-Maryvale).

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.