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Kensington Market - Triplex Renovation + Laneway Build
List Price
$1,200,000

Why we love it.
This is a great opportunity to start fresh with a blank canvas in one of Toronto’s most vibrant neighbourhoods. Right in the heart of Kensington Market, you’re steps from transit, shops, restaurants, and cafés — everything a tenant or end-user would want.
The existing semi-detached triplex offers about 900 sq ft per floor, giving you room to design spacious 2 bed, 2 bath units on each level. On top of that, there’s potential to add an 1,100 sq ft laneway house with a parking pad in the back.
It’s definitely not a plug-and-play project, but for the right investor, this could be a very rewarding one — both creatively and financially.
BY THE NUMBERS
Financial projections.
Monthly Rental Income
$14,000
Yearly Cashflow
$80,100
Capitalization Rate
5.8%
This assumes an 80% LTV residential mortgage at 4.1% amortized over 30 years
Equity Post Renovation
$2,070,000
Post Renovation Value
$3,010,000
5 Year Profits
$1,706,000
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