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List Price
$1,300,000

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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