1/62 - 284 GLEDHILL AVENUE W, Toronto (Woodbine-Lumsden)
2 - 284 GLEDHILL AVENUE W, Toronto (Woodbine-Lumsden), ON M4C4L1
Price on request
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Asset Class
Multifamily
Size
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Building class
B
Zoning
RA9 — High Rise
$ / SF
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Occupancy
87%
About this property
2-bedroom unit available for lease in the vibrant Woodbine-Lumsden area. This unit is situated in a low-rise fourplex, offering a peaceful and intimate living environment with only two units per floor. The building is meticulously maintained, ensuring a comfortable and well-cared-for living space. One of the standout features of this property is the large private fenced-in yard. The location of this unit is ideal, with proximity to parks, schools, and transit options. Just a short distance north of the Danforth, residents will have access to a wide range of amenities, including restaurants, cafes, shops, and entertainment options. The Woodbine-Lumsden community is known for its welcoming atmosphere, fostering a great sense of community and making it a desirable place to live. Don't miss out on this opportunity to lease a beautiful unit in the Woodbine-Lumsden area! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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
60,242
Households
26,093
Median income
$123,000
Median age
33.5
Daytime population
55,150
5-yr growth
5.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2 - 284 GLEDHILL AVENUE W, Toronto (Woodbine-Lumsden).
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.