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Recommended Purchase Price
$1,300,000
Lot Size
# of Units
Rentable Sqft

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
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