For Sale · Multifamily

LOWER - 1816 DUFFERIN STREET, Toronto (Corso Italia-Davenport)

LOWER - 1816 DUFFERIN STREET, Toronto (Corso Italia-Davenport), ON M6E3P6

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

86%

About this property

Say hello to your 'Casa' in Corso Italia! Step into this spacious 1+1 bed, 1 bath renovated apartment featuring pot lights and built-in shelving throughout. The unit offers approximately 580 sqft of functional layout with an open concept kitchen / living area, a generous bedroom, and an extra den for flexible use. Located in a convenient spot for anyone who wants a place of their own close to transit, shops, and everyday essentials. Enjoy the warm and welcoming St Clair West community! Shared laundry and outdoor space. Tenant responsible for utilities: hydro separately metered; 33% of gas, water/waste, garbage removal. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

79,380

Households

32,547

Median income

$127,000

Median age

37.7

Daytime population

78,533

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for LOWER - 1816 DUFFERIN STREET, Toronto (Corso Italia-Davenport).

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.