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Dovercourt Village - Option 1 - MLI Select New Build

Recommended Purchase Price

$1,500,000

Lot Size

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# of Units

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Rentable Sqft

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Why we love it.

This Toronto multiplex investment property sits on a 25x125 detached lot in Dovercourt Village, a prime opportunity to leverage the CMHC MLI Select program. With zoning that allows for a brand-new sixplex spanning roughly 5,000 square feet of livable space, the design offers four well-laid-out one-bedroom units on the main and lower levels, along with two impressive two-storey units on the second and third floors, each featuring three bedrooms and two and a half baths.

Adding to the value, the lot also supports a 1,300 square foot laneway house with three bedrooms, two and a half baths, and dedicated parking. The location is outstanding — steps to Ossington Station, Bloor West, and surrounded by some of Toronto's best restaurants, shops, and everyday amenities, with easy transit access throughout the city.

For an investor, this is a project that combines scale, location, and financing efficiency — a rare chance to create a high-demand rental property in one of Toronto's most desirable neighbourhoods, and the kind of Toronto multiplex investment that's hard to come by.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$22,750

Monthly Expenses + Vacancy

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Monthly Cashflow

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Yearly NOI

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After Renovation Value

$5,114,300

Capitalization Rate

5.4%

Equity Analysis

Project Cost

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Equity Created

$2,145,000

5 Year Profits

$2,066,000

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