For Sale · Multifamily

BASEMENT - 81 PALMERSTON AVENUE, Toronto (Trinity-Bellwoods)

BASEMENT - 81 PALMERSTON AVENUE, Toronto (Trinity-Bellwoods), ON M6J2J2

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

93%

About this property

Renovated 1 Bedroom Basement Apartment! Rent includes: Wifi, Heat & Air Conditioning, Water ! Features include: Garage Parking! New Appliances & walkout to Covered patio and access to backyard! Beautiful 3 Piece Bathroom with Glass Shower Doors! Private Ensuite Laundry - No sharing! Laminate Floors, Large Windows, Pot Lights! Covered Front Porch! Close to: Queen St Restaurants & Shops! TTC! Parks! Hospital! Easy to show! No pets please. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

90,318

Households

32,800

Median income

$69,000

Median age

40.9

Daytime population

144,038

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for BASEMENT - 81 PALMERSTON AVENUE, Toronto (Trinity-Bellwoods).

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.