Danforth - CMHC MLI Select 8Plex New Build
Recommended Purchase Price
$1,500,000
Lot Size
# of Units
Rentable Sqft

Why we love it.
This Toronto multiplex investment property is a solid play for anyone looking to build a purpose-built rental and take full advantage of CMHC MLI Select. It's a 36x122 lot just steps from the Danforth that can be severed into two lots—giving you the opportunity to build two side-by-side 4plexes, for a total of 8 units. Each unit would be a well-sized 825 sq ft 2 bed, 2 bath layout that's perfect for today's renters.
What really makes this stand out is the location—you're just a short walk to Coxwell Station and right near all the shops, restaurants, and energy along the Danforth. This is a rare chance to build scale in a high-demand, transit-connected neighborhood and create something with strong long-term upside — a scale opportunity among Toronto multiplex investments.
BY THE NUMBERS