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List Price
$1,700,000

Why we love it.
This is a rare investment opportunity — a large, detached existing triplex just steps from Bickford Park and the Bloor subway line. Each of the three units is a well-laid-out 2 bed, 1 bath, with the main and basement units already tenanted, providing immediate cash flow. The vacant upper unit offers a perfect value-add opportunity — a quick ‘lipstick’ renovation can easily push rents to market value. But the real upside? The potential to build a 1300 sq ft laneway house, unlocking even more income and truly maximizing this property’s rental performance. Location, cash flow, and future potential — this one checks all the boxes.
BY THE NUMBERS
Financial projections.
Monthly Rental Income
$13,318
Yearly Cashflow
$50,746
Capitalization Rate
5.75%
This assumes an 80% LTV residential mortgage at 4% amortized over 30 years
Equity Post Renovation
$1,493,470
Post Renovation Value
$2,750,000
5 Year Profits
$1,234,038
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