Business For Sale · Multifamily

380 SPADINA ROAD, Toronto (Forest Hill South)

380 SPADINA ROAD, Toronto (Forest Hill South), ON M5P2V9

$3.5M total

—

Asset Class

Multifamily

Size

—

Building class

B

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

90%

About this property

An exceptional opportunity to secure a prominent property in one of Toronto's most prestigious neighbourhoods. Located just north of Casa Loma, 380 Spadina Road combines immediate rental income with significant land value and future potential.Set behind a distinguished grey stone and red brick façade, this substantial seven-bedroom residence is fully tenanted, offering income from day one while you plan your next move.Maintain the existing investment, transform the property into a luxury estate, explore additional income potential through the carriage house, or consider future redevelopment opportunities, subject to approvals.Surrounded by executive homes, mature trees, premier schools, parks, and convenient transit, this coveted Forest Hill location offers enduring appeal and strategic flexibility.Immediate Income. Prestigious Location. Exceptional Future Potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.45M
Down payment30% · $1.03M
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$16K

Projected NOI

$141K

Annual cash flow

$-51K

Cash-on-cash

-4.89%

DSCR

0.74

Going-in cap

4.07%

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

88,307

Households

33,954

Median income

$136,000

Median age

36.5

Daytime population

86,159

5-yr growth

8.7%

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

Secure deal room

Confidential diligence documents for 380 SPADINA ROAD, Toronto (Forest Hill South).

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.