This Toronto multiplex investment property 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. It's a well-rounded pick among Toronto multiplex investments.