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Ultimate affordability in The Junction.

List Price

$1,300,000

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LIVE IN THIS PROPERTY FOR AS LOW AS

$1000

PER MONTH

Why we love it.

Highly affordable triplex with upside.

This property offers an exceptional blend of low entry cost, minimal monthly expenses, and strong long-term upside. Owning a fully detached home in a great location—with carrying costs of just $1,000/month—is a rare find. It’s a flexible asset that can grow with your needs, whether as a single-family home or a long-term rental. Plus, with laneway house potential, it’s a true wealth-building opportunity.

BY THE NUMBERS

Property details & financials.

Monthly Mortgage

$5000

Monthly Taxes & Utilities

$1000

Monthly Rental Income

$5000

Total Monthly Carrying Costs

$1000

% Of Mortgage Covered by Rent

100%

Property Details

Property Type

Fully Detached

Bedrooms

4 + 1

Bathrooms

4

Lot Size

18 x 120

ADU Potential?

Yes

Total Rent Collected After 5 Years

$300,000

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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