For Sale · Multifamily

8 MURIEL AVENUE, Toronto (Danforth)

8 MURIEL AVENUE, Toronto (Danforth), ON M4J2X9

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

92%

About this property

*** Additional Listing Details - Click Brochure Link *** Rare Opportunity On The Danforth: 1+1 Bed, 2 Bath In The Heart Of Greektown Live In One Of Toronto's Most Sought-After Neighbourhoods, Just A 2-minute Walk To Pape Station And Steps From The Shops, Restaurants, And Grocery Stores Of The Danforth. This Beautiful Two-Level Home Includes The Full Main Floor And Finished Basement. The Main Floor Offers A Spacious Bedroom And A Bright, Open Layout, While The Basement Adds A Second Room Ideal As A Bedroom, Den, Or Home Office. With 2 Bathrooms, Pot Lights Throughout, And Brand New Finishes, It's Move-In Ready. Outside, You Get Exclusive Use Of The Backyard With Its Own Private Sauna, Plus A Rare Parking Pad With Ev/Tesla Charging. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

139,980

Households

50,275

Median income

$115,000

Median age

34.2

Daytime population

169,597

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 8 MURIEL AVENUE, Toronto (Danforth).

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.