500 ST CLAIR AVENUE W, Toronto (Humewood-Cedarvale)
For Sale · Specialty

500 ST CLAIR AVENUE W, Toronto (Humewood-Cedarvale)

500 ST CLAIR AVENUE W, Toronto (Humewood-Cedarvale), ON M6C1A8

$50,000 total

—

Asset Class

Specialty

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

100%

About this property

Rare opportunity to purchase an owned underground parking space at The Forest Hill. Purchaser must be a registered owner within the 500 and 530 St Clair Ave W condominium community, subject to confirmation of eligibility under the condominium declaration, by-laws and rules. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$50K
Down payment30% · $15K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$231

Projected NOI

$3K

Annual cash flow

$519

Cash-on-cash

3.46%

DSCR

1.19

Going-in cap

6.58%

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

83,272

Households

29,596

Median income

$118,500

Median age

35.1

Daytime population

78,944

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for 500 ST CLAIR AVENUE W, Toronto (Humewood-Cedarvale).

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.