Business For Sale · Land

463 VAUGHAN ROAD, Toronto (Oakwood Village)

463 VAUGHAN ROAD, Toronto (Oakwood Village), ON M6C2P4

$2.5M total

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Asset Class

Land

Size

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Building class

B

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

83%

About this property

Prestigious Corner Development Opportunity, 463 Vaughan Road, Toronto. A rare opportunity to acquire a prominent corner parcel in a rapidly evolving Toronto neighbourhood. 463 Vaughan Road presents exceptional potential for developers, investors, and visionary builders seeking to capitalize on the area's continued growth and transformation. Currently vacant land and not yet entitled, the property offers the potential to explore a boutique development of approximately six townhomes or an apartment or condominium building of up to eight stories, subject to municipal approvals, zoning, and all applicable planning requirements. With new homes emerging throughout the surrounding area and an increasingly affluent buyer demographic driving demand, this is an opportunity to secure a strategic parcelor long-term land for banking, the possibilities are compelling. Opportunities of this caliber are rarely offered for sale. Secure a prestigious corner property with significant future potential and position yourself to participate in the next chapter of this growing Toronto neighbourhood. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.49M
Down payment30% · $746K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$87K

Annual cash flow

$-50K

Cash-on-cash

-6.76%

DSCR

0.63

Going-in cap

3.51%

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

106,318

Households

38,128

Median income

$124,000

Median age

36.4

Daytime population

108,525

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 463 VAUGHAN ROAD, Toronto (Oakwood Village).

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.