For Sale · Multifamily

UNIT 2 - 139 ROYAL YORK ROAD, Toronto (Mimico)

UNIT 2 - 139 ROYAL YORK ROAD, Toronto (Mimico), ON M8V2T9

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

86%

About this property

Beautifully renovated and exceptionally spacious apartment in a prime location. This rare, oversized unit offers significantly more square footage than most newer builds. The expansive layout provides generous living and dining areas, creating a comfortable and functional space that is perfect for families or anyone who values room to live and grow. Featuring a modern, newly updated design, this home blends contemporary finishes with the kind of space that is increasingly hard to find. Conveniently situated just minutes from a shopping centre, the lakeshore, public transit, and downtown, it offers both everyday convenience and an outstanding lifestyle. Enjoy easy access to dining, entertainment, outdoor recreation, and essential services while coming home to a bright, open, and truly spacious residence. (id:66811)

Financial sandbox

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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

85,515

Households

38,656

Median income

$97,500

Median age

45

Daytime population

87,761

5-yr growth

6.8%

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

Secure deal room

Confidential diligence documents for UNIT 2 - 139 ROYAL YORK ROAD, Toronto (Mimico).

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.