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Affordable, detached triplex on The Danforth with upside.

List Price

$1,000,000

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LIVE IN THIS PROPERTY FOR AS LOW AS

$800

PER MONTH

Why we love it.

Affordable, detached triplex with upside.

This spacious, character-filled detached home near the Danforth is perfect for buyers looking to live affordably in a great neighbourhood. With multiple self-contained units, you can live in one and rent the rest to dramatically reduce your monthly costs. The layouts are flexible, offering large rooms, original details, and tons of potential for house hacking, co-ownership, or multi-generational living. A rare chance to own a detached home with income in a prime east-end location.

BY THE NUMBERS

Property details & financials.

Monthly Mortgage

$3,800

Monthly Taxes & Utilities

$1,000

Monthly Rental Income

$4,000

Total Monthly Carrying Costs

$800

% Of Mortgage Covered by Rent

105%

Property Details

Property Type

Detached

Bedrooms

5

Bathrooms

3

Lot Size

30 x 108

ADU Potential?

Yes

Total Rent Collected After 5 Years

$240,000

With ADU Addition
(If Qualified)

Loan Amount

$400,000

Monthly Loan Payment

$2,000

Monthly Rental Income

$4,000

Monthly Cashflow

$2,000

Mortgage is based on a 20% downpayment with a 30 year amortization and a 4.1% rate.

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