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FOR SALE 1226 COLLEGE STREET TORONTO, ON 11 Unit Apartment Building on College Street Well maintained 2-Storey walk-up apartment building with 7 parking spaces TTC Streetcar at College Street and Brock Avenue Neighbouring Dufferin Mall 3,778 sf site Solid cash flow with upside Contact the Multi-Residential Group: David Lieberman†, MBA Jonathan Hittner† Neil Musselwhite† Principal Vice President Senior Associate 416.673.4013 416.673.4022 416.673.4043 [email protected] [email protected] [email protected] † Sales Representative 1226 College Street, Toronto Margueretta Street College Street Financial Summary Year 1 Projected NOI Rental Revenue Total Rental Revenue $131,472 Subject Property Vacant Allowance/Bad Debt (1.5%) $1,972 Market Rent Reversion Upside $5,291 Adjusted Rental Revenue $322,980 Miscellaneous Revenue Laundry Income $1,200 Area Description Total Revenue $130,700 The building is located in Brockton Village with proximity to Dufferin mall and close to Dufferin Grove and Trinity Bellwoods Park. Approximately 35 minutes from Union Operating Expenses Station via TTC. Property Taxes $21,207 Insurance $4,201 Zoning R&M $9,350 R (d0.6) - Residential Heat $2,657 Hydro $7,365 Pricing Water and Waste $2,862 The property is being offered for sale on an “as is, where is” basis. Management Fee $5,228 Total Operating Expenses $52,870 Asking Price: $2,500,000 Net Operating Income $77,830 Financing - clear David Lieberman*, MBA Jonathan Hittner* Principal Vice President 416.673.4013 416.673.4022 [email protected] [email protected] avisonyoung.com Neil Musselwhite* ©2017 Avison Young Commercial Real Estate (Ontario) Inc. Senior Associate Avison Young Commercial Real Estate (Ontario) Inc., Brokerage 416.673.4043 18 York Street, Suite 400, Mailbox # 4 [email protected] Toronto, Ontario, Canada M5J 2T8 *Sales Representative 416.955.0000 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..

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