1-21 Lexington Avenue, Toronto, ON
1-21 Lexington Avenue, Toronto, Ontario, M9V 2G4
Sold
Property Highlights
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- CCR represented the Buyer in this transaction for the acquisition of a 71-unit multi-residential townhouse complex located at 1–21 Lexington Avenue, Toronto, ON, for a purchase price of $20,700,000.
- Situated on approximately 4 acres, the property comprises 67 three-bedroom townhomes and 4 four-bedroom townhomes, with all parking provided at grade.
- The three-bedroom townhomes average approximately 1,450 SF, while the four-bedroom townhomes average approximately 1,750 SF, providing spacious family-oriented rental accommodations.
- Projected 2026 capitalization rate of approximately 5.1%.
- The asset offers a stable, long-term hold profile, supported by an established tenant base and its positioning within a mature residential neighbourhood.
- Residents benefit from convenient access to grocery stores, retail plazas, major shopping destinations, and everyday amenities, supporting consistent rental demand.
- The property is well connected to public transit and major transportation routes and is located near key regional employment and commercial hubs, supporting long-term growth in Toronto’s northwest area.
- The acquisition represents a well-positioned multi-residential investment opportunity with scale, established tenancy, and strong surrounding infrastructure.
Property Details
- Price: $20,700,000
- Property Type: Mixed Use
- Availability: Closed
- Transaction Type: Sold
- Lot Size: 4 AC
- Units: 71
Financial Summary
Investment Highlights
| Price | $0.00 |
| Price / Unit | $0.00 |
| Gross Rent Multiplier | 0.00 |
| Proposed Loan Amount | $0.00 |
| Initial Investment | $0.00 |
Income & Expenses
Income |
Potential |
Current |
Expense |
Potential |
Current |
Total Expenses |
$ 0.00 |
$ 0.00 |
| Net Operating Income | $0.00 | $0.00 |
| Less Debt Service | $0 | $0 |
| Potential Net Cash Flow | $0.00 | $0.00 |
| Cash on Cash Return | 0.00 % | 0.00 % |
| Capitalization Rate | 0.00 % | 0.00 % |
Rent Roll
Unit |
BR/BA |
Current Monthly Rent |
Potential Monthly Rent |
Status |
Lease Expires |
|
Totals |
$ 0.00 |
$ 0.00 |
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