For Sale · Multifamily

LOWER - 51 ALVIN AVENUE, Toronto (Rosedale-Moore Park)

LOWER - 51 ALVIN AVENUE, Toronto (Rosedale-Moore Park), ON M4T2A8

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA9 — High Rise

$ / SF

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Occupancy

96%

About this property

Welcome to a rare, move-in-ready opportunity in the heart of Deer Park. Fully renovated, furnished, and thoughtfully designed, this sophisticated executive residence offers the comfort of a luxury home with the convenience of a turnkey condo alternative, ideal for a professional couple seeking style, flexibility, and effortless Midtown living. With approximately 1300 sf, this bright, open-concept suite features a flexible designed layout, soaring 9-foot ceilings and includes premium finishes throughout such as, pot-lighting, stone countertops, hardwood floors, heated towel bars, and in-floor radiant heating throughout the entire level. The result is a warm, comfortable, and polished home designed for both relaxed everyday living and elegant entertaining. The unit offers two generously sized bedrooms with custom built-in closets, two spa-inspired bathrooms with LED medicine cabinets,bookmatch tiles making it a serene, hotel-like feel. The versatile third bedroom is designed to adapt to your lifestyle: use it as a home office, private den, guest room, or dining room has a sophisticated movable wall system and built-in closets that allows the space to be completely enclosed when privacy is needed, making it an ideal flexible room for overnight guests or a work-from-home set-up. The gourmet kitchen is a true focal point, featuring a quartz waterfall island, coordinating quartz backsplash, stainless-steel appliances, and contemporary LED pot lighting. Additional highlights include in-suite laundry, private storage, wall-mounted air conditioning, and a secure rear-entry walk-up with a self-closing gate. Set on one of Midtown Toronto's most peaceful and welcoming residential streets, this exceptional home places you just steps from the subway, TTC, the Beltline Trail, parks, boutique shops, cafés, and acclaimed restaurants. With a Walk Score of 96, Transit Score of 84, and Bike Score of 72, Deer Park offers an enviable balance of urban convenience and neighbourhood charm (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

52,307

Households

23,754

Median income

$82,000

Median age

43.5

Daytime population

46,619

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for LOWER - 51 ALVIN AVENUE, Toronto (Rosedale-Moore Park).

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.