This Toronto multiplex investment property sits on a detached lot in Dovercourt - Wallace Emerson, offering an ideal frontage and depth just steps from the subway station — a rare combination of purchase price, location, and proven rental demand that's hard to find this close to transit.

This 6-plex plus laneway suite pencils to a 5.77% cap rate, $190,307 in annual NOI, and $1,646 in monthly cashflow, building $1,147,004 in equity at completion on a projected ARV of $4,229,042 — a strong return on a sub-$1.2M purchase price, and one of the stronger Toronto multiplex investments we've underwritten this year.