For Sale · Multifamily

MAIN FLOOR - 15 SIMPSON AVENUE, Toronto (North Riverdale)

MAIN FLOOR - 15 SIMPSON AVENUE, Toronto (North Riverdale), ON M4K1A1

Price on request

—

Asset Class

Multifamily

Size

—

Building class

A

Zoning

RA8 — Medium Rise

$ / SF

—

Occupancy

90%

About this property

Spacious 2-bedroom main floor apartment in a charming duplex, ideally located in the heart of prime Riverdale! Offering approximately 1,200 sq. ft. of living space, this inviting home features a working fireplace, original wood trim, an eat-in kitchen with pantry, oversized windows, and hardwood flooring throughout. Enjoy entertaining or relaxing on your private rear deck overlooking the backyard, with additional storage space conveniently located beneath the deck. Steps to TTC, grocery stores, restaurants, Riverdale Park, the library, and much more! Pets subject to approval. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

40,112

Households

16,405

Median income

$136,500

Median age

36.1

Daytime population

42,706

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for MAIN FLOOR - 15 SIMPSON AVENUE, Toronto (North Riverdale).

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.