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For Sale · Multifamily

1A - 38 LEUTY AVENUE, Toronto (The Beaches)

1A - 38 LEUTY AVENUE, Toronto (The Beaches), ON M4E2R3

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

97%

About this property

Welcome to the coveted Beaches! Live the dream south of Queen Street, just steps to the water in this highly desirable 8-unit multiplex. This main floor, one-bedroom plus den suite has recently been beautifully renovated throughout, offering the perfect blend of character and modern comfort. Enjoy a bright, open living space with hardwood floors, built-in shelving, and pot lights throughout. The modern kitchen features a stylish backsplash and dishwasher. The den offers flexible use as a home office or mini bar! The stunning bathroom impresses with a walk-in glass shower and contemporary finishes. Location doesn't get better - you're only steps to the boardwalk, the beach, and Queen Street's vibrant cafes, restaurants, and shops. With a Walk Score of 93, this is truly a Walker's Paradise. Don't miss your chance to live in one of Toronto's most sought-after neighbourhoods - where the lake, community, and lifestyle come together perfectly. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

135,454

Households

54,343

Median income

$116,500

Median age

31.6

Daytime population

209,802

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 1A - 38 LEUTY AVENUE, Toronto (The Beaches).

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.