top of page

Recommended Purchase Price

$1,300,000

Lot Size

# of Units

Rentable Sqft

02f70431-3d19-45da-9b15-a6e65da5042e.png

Why we love it.

This 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.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$19,600

Monthly Expenses + Vacancy

Monthly Cashflow

Yearly NOI

After Renovation Value

$4,380,000

Capitalization Rate

5.31%

Equity Analysis

Project Cost

Equity Created

$1,418,000

5 Year Profits

$1,596,000

bottom of page