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Luxury, renovated triplex in Dufferin Grove.

List Price

$1,700,000

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LIVE IN THIS PROPERTY FOR AS LOW AS

$2000

PER MONTH

Why we love it.

Renovated triplex offers low costs and maximum lifestyle.

This property is the definition of turn key, but at an affordable price. Each unit is both laid out and beautifully designed/updated. The property also sits on an extra deep, 145 foot lot with the ability to build a large laneway house down the line. It doesn't get any easier to decrease costs and build long term wealth.

BY THE NUMBERS

Property details & financials.

Monthly Mortgage

$6500

Monthly Taxes & Utilities

$1000

Monthly Rental Income

$5500

Total Monthly Carrying Costs

$2000

% Of Mortgage Covered by Rent

85%

Property Details

Property Type

Semi-Detached

Bedrooms

3 + 1

Bathrooms

3

Lot Size

17 x 145

ADU Potential?

Yes

Total Rent Collected After 5 Years

$330,000

With ADU Addition
(If Qualified)

Loan Amount

$450,000

Monthly Loan Payment

$2400

Monthly Rental Income

$4400

Monthly Cashflow

$2000

Mortgage is based on a 20% downpayment with a 30 year amortization and a 4.1% rate. ADU financing is based on the same terms and a build cost of $400 per square foot.

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