top of page

Beaches - Existing Triplex + Laneway Build

Recommended Purchase Price

$1,000,000

Lot Size

# of Units

Rentable Sqft

02f70431-3d19-45da-9b15-a6e65da5042e.png

Why we love it.

This is an amazing opportunity to pick up a nicely updated triplex in the Beaches for around $1 million—a price point that’s hard to find in a neighborhood like this. It’s currently vacant, which means you can set market rents from day one. The setup is clean and simple: two 1-bedroom units above grade and a studio in the basement. Plus, there’s the option to build a 700 sq ft, 2-storey laneway house for even more income.

What I really like about this one is how low-risk it feels. You can rent out the triplex right away and just let it cash flow, or take on the laneway build to increase the return. Whether you’re new to investing or already experienced, this is the kind of deal that offers flexibility, stability, and upside—all in a great location.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$8,700

Monthly Expenses + Vacancy

Monthly Cashflow

Yearly NOI

After Renovation Value

$1,810,000

Capitalization Rate

6.0%

Equity Analysis

Project Cost

Equity Created

$1,024,000

5 Year Profits

$868,000

bottom of page