For Lease · Specialty

PARKING @P1 - 425 FRONT STREET E, Toronto (Waterfront Communities)

PARKING @P1 - 425 FRONT STREET E, Toronto (Waterfront Communities), ON M5A0X2

Price on request

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

86%

About this property

1 parking space available for lease at 425 Front St E . Located on Level P1, underground parking. Monthly lease payment required. Only available for residents of this building. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

128,960

Households

46,462

Median income

$113,000

Median age

34.5

Daytime population

131,093

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for PARKING @P1 - 425 FRONT STREET E, Toronto (Waterfront Communities).

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.