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Little Italy Triplex with Laneway Potential

List Price

$1,900,000

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LIVE IN THIS PROPERTY FOR AS LOW AS

$1800

PER MONTH

Why we love it.

Live in the main floor unit and rent out the basement and upper unit.

This property offers exceptional financial and lifestyle flexibility, featuring a spacious main-level one-bedroom suite and an expansive multi-level upper unit. Whether you're looking to maximize rental income or enjoy elevated living, this versatile setup adapts to your goals.

BY THE NUMBERS

Property details & financials.

Monthly Mortgage

$7300

Monthly Taxes & Utilities

$1000

Monthly Rental Income

$6500

Total Monthly Carrying Costs

$1800

% Of Mortgage Covered by Rent

90%

Property Details

Property Type

Semi-Detached

Bedrooms

4+2

Bathrooms

4

Lot Size

21 x 135

ADU Potential?

Yes

Total Rent Collected After 5 Years

$390,000

With ADU Addition
(If Qualified)

Loan Amount

$400,000

Monthly Loan Payment

$2200

Monthly Rental Income

$4200

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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