FOR SALE 1226 , 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 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 with proximity to Dufferin mall and close to 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 () 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, 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.