For Sale · Multifamily

C, MAIN - 236 HIGHFIELD ROAD, Toronto (Greenwood-Coxwell)

C, MAIN - 236 HIGHFIELD ROAD, Toronto (Greenwood-Coxwell), ON M4L2V5

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA9 — High Rise

$ / SF

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Occupancy

93%

About this property

Bright & Spacious 4 Bedroom, 2 Washroom Apartment. South West Exposure with lots Of Bright Natural Light And So Much Space! Located On A Quiet Tree-Lined Residential Street Just Steps To 24/7 Gerrard St E Streetcar, All Amenities, Greenwood Subway. Perfect For Those Looking To Avoid Elevators In A High-Rise Building. Quick Ride To TMU, UofT & George Brown. Sanagan's Meat Locker, Conci, Good Behaviour Ice Cream Down The Street, And The World Famous Mahas! Fit for Less And No Frills At Gerrard & Coxwell, Parks, Schools, Groceries And All Amenities At Your Doorstep! Perfect For A Group Of 4 Professionals Or Students In TMU/ George Brown/ University Of Toronto. (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

116,282

Households

40,400

Median income

$91,500

Median age

41.1

Daytime population

161,629

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for C, MAIN - 236 HIGHFIELD ROAD, Toronto (Greenwood-Coxwell).

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.