dawes road - loopnet...3-storey 34 unit multi-residential building, east york 2892 st. clair avenue...

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FOR SALE 612 DAWES ROAD TORONTO, ON 60 Unit Apartment Building Excellent suite mix and well maintained building with elevator service Established rental location with substantial rental upside on turnover Separately metered hydro Well capitalized building 6-Storey 60 Unit Multi-Residential Building, East York Portfolio or individual asset opportunity: Can be purchased together with 2892 St. Clair Avenue East for a total of 94 units

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Page 1: DAWES ROAD - LoopNet...3-Storey 34 Unit Multi-Residential Building, East York 2892 St. Clair Avenue East, Toronto The information contained herein was obtained from sources deemed

FOR SALE

612DAWES ROADTORONTO, ON

60 Unit Apartment Building

Excellent suite mix and well maintained building with elevator serviceEstablished rental location with substantial rental upside on turnoverSeparately metered hydroWell capitalized building

6-Storey 60 Unit Multi-Residential Building, East York

Portfolio or individual asset opportunity:Can be purchased together with 2892 St. Clair Avenue East for a total of 94 units

Page 2: DAWES ROAD - LoopNet...3-Storey 34 Unit Multi-Residential Building, East York 2892 St. Clair Avenue East, Toronto The information contained herein was obtained from sources deemed

612 Dawes Road, Toronto

The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.

Avison Young Commercial Real Estate (Ontario) Inc., Brokerage18 York Street, Suite 400, Mailbox # 4Toronto, Ontario, Canada M5J 2T8416.955.0000

avisonyoung.com

©2017 Avison Young Commercial Real Estate (Ontario) Inc.

Jonathan Hittner* Vice President416.673.4022 [email protected]

David Lieberman*, MBA Principal416.673.4013 [email protected]

Neil Musselwhite* Senior Associate416.673.4043 [email protected]

*Sales Representative

Location

Zoning: RD (f12.0; a370; d0.6)

Hydro: Separately metered (WYSE) - 40% of units have yet to be switched over

Financing: Existing mortgage details available in data room

Year 1 Projected NOI: $515,484

Offering Process: Contact Listing Agents

Frontage: 92.25 ft. along Victoria Park Avenue

Site Size: 0.61 acres (26,572 sf )

Year Built: Circa 1959

Elevators: One

Parking: Approx. 34 spots (surface & garage)

Property Summary:

2892 St. Clair Avenue East

Dawes Road

The Property is located in the East York area of Toronto, close to the St. Clair Avenue East and Victoria Park Avenue intersection. It is

located on the West side of Victoria Park Avenue and is South of St. Clair Avenue East, in the City of Toronto.

The Property is also located within walking distance to multiple TTC bus routes and to Victoria Park Subway Station, a stop on the

Bloor-Danforth Subway Line, providing convenient access to adjacent neighbourhoods. It is also close to nearby stores and amenities,

including local and national retailers.

Victoria Park Avenue

St. Clair Avenue EastSubject Property

May be purchased together with 2892 St. Clair Avenue East as a 94 unit apartment portfolio.

Page 3: DAWES ROAD - LoopNet...3-Storey 34 Unit Multi-Residential Building, East York 2892 St. Clair Avenue East, Toronto The information contained herein was obtained from sources deemed

FOR SALE

2892 ST. CLAIR AVENUE EASTTORONTO, ON

34 Unit Apartment Building

Excellent suite mix and well capitalized building Established rental location Separately metered hydro

Portfolio or individual asset opportunity:Can be purchased together with 612 Dawes Road for a total of 94 units

3-Storey 34 Unit Multi-Residential Building, East York

Page 4: DAWES ROAD - LoopNet...3-Storey 34 Unit Multi-Residential Building, East York 2892 St. Clair Avenue East, Toronto The information contained herein was obtained from sources deemed

2892 St. Clair Avenue East, Toronto

The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.

Avison Young Commercial Real Estate (Ontario) Inc., Brokerage18 York Street, Suite 400, Mailbox # 4Toronto, Ontario, Canada M5J 2T8416.955.0000

avisonyoung.com

©2017 Avison Young Commercial Real Estate (Ontario) Inc.

Jonathan Hittner* Vice President416.673.4022 [email protected]

David Lieberman*, MBA Principal416.673.4013 [email protected]

Neil Musselwhite* Senior Associate416.673.4043 [email protected]

*Sales Representative

Frontage: 125.35 ft. along St. Clair Avenue East75 ft. along Vicross Road

Site Size: 0.22 acres (9,583 sf )

Year Built: Circa 1955

Elevators: None

Parking: Approx. 10 Surface spaces and 6 Garage spaces

Zoning: RD (f12.0; a370; d0.6)

Hydro: Seperately metered (WYSE) - 40% of units have yet to be switched over

Financing: Existing mortgage details in data room

Year 1 Projected NOI: $320,608

Offering Process: Contact Listing Agents

Property Summary:

LocationThe Property is located in the East York area of Toronto, close to the St. Clair Avenue East and Victoria Park Avenue intersection. It is

located on the North side of St. Clair Avenue East and West of Victoria Park Avenue, in the City of Toronto.

The Property is also located within walking distance to multiple TTC bus routes and to Victoria Park Subway Station, a stop on the

Bloor-Danforth Subway Line, providing convenient access to adjacent neighbourhoods. It is also close to nearby stores and amenities,

including local and national retailers.

Subject Property

612 Dawes Road

Victoria Park Avenue

St. Clair Avenue EastVicross Road

May be purchased together with 612 Dawes Road as a 94 unit apartment portfolio.