This is an excellent CMHC MLI Select opportunity in one of Toronto’s most coveted neighbourhoods — The Beaches. Known for its strong rental demand, this pocket attracts both young professionals and established families who want to be close to the boardwalk, the Beach, and some of the best restaurants and shops in the city.

Sitting on a detached 31x122 lot with a bungalow currently on the property, this is the perfect tear-down and rebuild project. The new design allows for a 6-plex in the main house, featuring four one-bedroom, one-bath units of about 600 square feet each, along with two upper units of approximately 1,300 square feet, each offering three bedrooms and two and a half baths. At the rear, a garden suite of roughly 1,290 square feet provides an additional three bedrooms and two and a half baths. The property also includes two front parking pads for tenants.

For a savvy investor, this is the kind of opportunity that checks every box. With the financing advantage of MLI Select, the scale of a multi-unit build, and a location in one of the most desirable communities in the city, it has all the makings of a highly lucrative long-term investment.