For Sale · Multifamily

1 - 115 MADISON AVENUE, Toronto (Annex)

1 - 115 MADISON AVENUE, Toronto (Annex), ON M5R2S3

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA9 — High Rise

$ / SF

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Occupancy

84%

About this property

Live in the heart of the Annex! Where a brand new beautifully renovated one-bedroom suite meets one of Toronto's most coveted neighbourhoods. Completely updated with a fresh, contemporary feel, this stylish suite offers a bright and inviting living space, a thoughtfully designed layout and the convenience of ensuite laundry. Everything has been done, simply move in and enjoy. Just steps from Bloor Street, you'll have an incredible selection of restaurants, cafés, boutiques, shopping and everyday conveniences right outside your door. Grab your morning coffee, meet friends for dinner, browse the shops along Bloor or simply enjoy the energy and character of this iconic Toronto neighbourhood. With excellent access to TTC subway and transit, the rest of the city is at your fingertips, whether you're commuting downtown, heading to work, school or exploring everything Toronto has to offer. Enjoy the best of both worlds the charm and character of the Annex combined with exceptional connectivity to the entire city. Beautifully renovated, move-in ready and surrounded by everything you could want. This is effortless urban living in a location that's hard to beat. Welcome home! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

98,339

Households

35,574

Median income

$117,500

Median age

35.8

Daytime population

160,077

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for 1 - 115 MADISON AVENUE, Toronto (Annex).

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.