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Recommended Purchase Price

$1,300,000

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 is a prime tear-down opportunity in the heart of Humewood — right at Bathurst and St. Clair. You're steps from the subway, the streetcar, and surrounded by great restaurants, shops, and cafés.

The lot is 25x130 with laneway access and ready for a smart redevelopment: a 4-plex in the main house with four spacious 3-bed, 2-bath units (~1,100 sq ft each), plus a 1,300 sq ft 3-bed, 2.5-bath laneway house. It's a perfect fit for the CMHC MLI Select program, making it an excellent option for investors looking to add high-demand rental stock in a high-growth area of midtown. It's exactly the kind of Toronto multiplex investment we look to underwrite.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$19,600

Monthly Expenses + Vacancy

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Monthly Cashflow

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Yearly NOI

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After Renovation Value

$4,380,000

Capitalization Rate

5.31%

Equity Analysis

Project Cost

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Equity Created

$1,418,000

5 Year Profits

$1,596,000

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