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List Price

$1,300,000

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Why we love it.

This is a fantastic opportunity to take full advantage of the CMHC MLI Select program in one of Toronto’s most desirable pockets. Sitting on a 25 x 133 lot in High Park - Swansea, you’re surrounded by great transit, shops, retail and more.

The property can support 7 units as of right — including four 1-bed, 1-bath suites of nearly 600 sq ft each, plus two spacious upper units at ~1,300 sq ft with 3 beds and 2.5 baths. To top it off, you also get a private laneway house — another ~1,300 sq ft, 3-bed, 2.5-bath unit with parking.

For investors, this is the type of project that checks all the boxes: location, scale, and long-term upside. With MLI Select financing in play, the numbers make even more sense — a solid, profitable build in a high-demand neighbourhood.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$22,000

Yearly Cashflow

$65,989

Capitalization Rate

5.6%

This assumes a CMHC MLI Select mortgage refinance at the end of construction to pull out all cash and loans invested into the project. Mortgage Terms - 3.7% rate amortized over 40 years.

Equity Post Renovation

$1,199,952

Post Renovation Value

$4,921,952

5 Year Profits

$2,122,807

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