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Leslieville - Triplex Reno + Laneway Build

List Price

$1,425,000

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Why we love it.

This triplex in Leslieville is an incredible investment opportunity in a high-demand rental area. The property is already in solid shape, with room for a cosmetic renovation to boost rental income. Plus, the potential to add a 1,300 sq. ft. laneway house makes it an even stronger long-term asset. Whether you're a first-time investor or experienced in real estate, this property offers great cash flow potential and value appreciation in a prime location.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$13,200

Yearly Cashflow

$56,604

Capitalization Rate

5.7%

This assumes an 80% LTV residential mortgage at 4% amortized over 30 years

Equity Post Renovation

$1,630,000

Post Renovation Value

$2,750,000

5 Year Profits

$1,273,118

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