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List Price

$1,250,000

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Why we love it.

This is a solid turnkey 4plex right on the Danforth — fully tenanted and cashflowing from day one. You're steps from the future Ontario Line at Pape, in a location that's only getting better, surrounded by restaurants, cafés, and everything else the Danforth offers.

Current rents are $8,100/month, which is a bit under market. There’s built-in upside — as units turn over, you’ll have the opportunity to bring rents up to market. In the meantime, it’s a clean, income-producing property with no work required.

It’s also a great fit for a first-time investor who doesn’t want to take on a big renovation or construction project. Low hassle, steady income, and long-term potential in a strong neighbourhood.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$8,107

Yearly Cashflow

$13,000

Capitalization Rate

5.7%

This assumes an 80% LTV residential mortgage at 4.15% amortized over 30 years

Equity Post Renovation

$250,000

Post Renovation Value

$1,250,000

5 Year Profits

$545,000

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