For Lease · Multifamily

202 - 117 COSBURN AVENUE, Toronto (Danforth Village-East York)

202 - 117 COSBURN AVENUE, Toronto (Danforth Village-East York), ON M4J2L1

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

89%

About this property

Welcome to apartment #202 at 117 Cosburn Avenue, a beautifully maintained rental opportunity nestled in the heart of East York's sought-after Pape Village community. This bright and inviting bachelor apartment is ideal for tenants seeking comfort, convenience, and a vibrant neighbourhood to call home.Featuring a functional layout designed for easy everyday living, this residence offers a well-appointed kitchen and bathroom, and large windows that fill the space with natural light. The thoughtfully designed floor plan maximizes every square foot, creating a warm and welcoming atmosphere.Enjoy unbeatable convenience with shops, restaurants, cafés, parks, schools, and public transit just steps away. With quick access to the Danforth, TTC, DVP, and downtown Toronto, commuting is simple and efficient.A fantastic opportunity to lease in one of East York's most connected and desirable communities. Don't miss your chance to live in this wonderful space.For your convenience, rent includes heat, hydro, and water. Parking is available for an additional $100/mth. Coin-operated laundry is available on-site. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

111,582

Households

39,720

Median income

$133,000

Median age

35.9

Daytime population

188,970

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 202 - 117 COSBURN AVENUE, Toronto (Danforth Village-East York).

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.