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Recommended Purchase Price

$1,100,000

Lot Size

25 x 119

# of Units

6 + Garden Suite

Rentable Sqft

5,839

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Why we love it.

This Toronto multiplex investment property is a rarity — detached lots at this price simply don't come up in Dundas West. This one sits on a quiet, tree-lined dead-end street with virtually no car traffic — a rare pocket of calm between the busy Dundas and College strips — and falls within one of Toronto's best school districts, with both the junior and high school ranking in the city's top 5.

Dundas West is one of the most in-demand corridors in the city, yet new condo and housing supply remains scarce with no signs of changing. That scarcity shows up directly in the underwriting: a 5.85% cap rate, $20,462 in monthly rents against just $4,664 in expenses and vacancy, $2,872 in monthly cashflow, and close to $957,000 in equity created on a $4.2M ARV — plus a projected $1.6M profit over 5 years. It's a rare combination of price, location, and numbers that all line up, making this one of the more compelling Toronto multiplex investments on the market right now.

BY THE NUMBERS

Financial projections.

The below financials, costs and cap rate reflect "builder" costs.

For using our turn-key building partner for a truly hands-off buy, design, and build experience contact us for details.

Monthly Rental Income

$20,462

Monthly Expenses + Vacancy

$4,664

Monthly Cashflow

$2,872

Yearly NOI

$189,574

After Renovation Value

$4,212,755

Capitalization Rate

5.85%

Equity Analysis

Project Cost

$3,255,607

Equity Created

$957,147

5 Year Profits

$1,631,454

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