List Price
$1,250,000

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