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$1.6M total
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
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Occupancy
85%
Welcome to 434 Victoria Park Ave. This impeccably renovated legal modern triplex is located in the Upper Beach area just off the trendy Kingston Road shopping district. This well designed and maintained property features three (3) modern self-contained units, each tastefully designed and each unit has its own private entrance, it's own in-suite laundry and three (3) parking spots. This building has been strategically re-designed for maximum impact, efficiency and income potential. All units have been appointed with quality materials and built with superior craftsmanship and completed with modern appliances. The detached double car garage provides additional upside potential for increased income and potential garden suite development. This home is equipped with two (2) furnaces, two (2) hot water tank-less heaters, and two (2) A/C units for efficient climate control and comfort. Three (3) hydro meters and two (2) gas meters also make this property easy for a landlord to manage. This is a turnkey investment opportunity or live in and rent out the other units making home ownership very affordable. Enjoy the convenience and economy of a full sized "live-in" property with low maintenance and exceptional income and upside potential. (garden suite compliant). (id:66811)
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Monthly debt service
$7K
Projected NOI
$55K
Annual cash flow
$-31K
Cash-on-cash
-6.70%
DSCR
0.64
Going-in cap
3.53%
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
56,158
Households
24,582
Median income
$124,500
Median age
37.1
Daytime population
54,042
5-yr growth
1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 434 VICTORIA PARK AVENUE, Toronto (The Beaches).
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.