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List Price
$1,000,000

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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