For Sale · Multifamily

(MAIN+ BSMT UNIT-4 BED) - 250 SHUTER STREET, Toronto (Moss Park)

(MAIN+ BSMT UNIT-4 BED) - 250 SHUTER STREET, Toronto (Moss Park), ON M5A1W2

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

96%

About this property

Urban living in downtown Toronto. Beautiful upgraded unit in a duplex with privacy, no sharing. Open separate door to an upgraded modern apartment with 2 bed on main floor and 2 bed in the bsmt. Individual gas utility meter and laundry, no sharing! Enjoy private backyard. Clean and cozy unit for professionals /students in vibrant downtown. Ez distance to TMU, George Brown. Steps to TTC, subway & neighborhood cafes & market. Rent exclude utilities. Ideal location with short commute to work or school. Also available 2 bed unit on the 2nd floor if smaller unit needed. Great location with public transportation within mins, no driving and parking hassle. Ideal for AAA+ tenants. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

108,691

Households

45,816

Median income

$113,500

Median age

33.2

Daytime population

97,571

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for (MAIN+ BSMT UNIT-4 BED) - 250 SHUTER STREET, Toronto (Moss Park).

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.