For Sale · Multifamily

MAIN - 91 BISHOP AVENUE, Toronto (Newtonbrook East)

MAIN - 91 BISHOP AVENUE, Toronto (Newtonbrook East), ON M2M1Z5

Price on request

—

Asset Class

Multifamily

Size

—

Building class

C

Zoning

RF6 — Medium Density

$ / SF

—

Occupancy

84%

About this property

Be the first to live in this stunning, fully renovated 3-bedroom, 2-bathroom home just steps from Finch Station! Thoughtfully renovated from top to bottom, this bright and spacious home features a brand-new kitchen with quartz countertops, modern finishes and a charming breakfast nook. The large dining room is perfect for entertaining and features a beautiful electric fireplace. Spacious primary bedroom with private ensuite, plus a second bedroom with semi-ensuite access. Enjoy two parking spaces and a large private backyard. An exceptional combination of luxury, space and convenience in one of North York's most sought-after locations, with transit, shopping, restaurants and amenities right outside your door. Be the first to call this beautifully renovated home yours! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

67,478

Households

24,183

Median income

$110,500

Median age

31.7

Daytime population

68,720

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for MAIN - 91 BISHOP AVENUE, Toronto (Newtonbrook East).

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.