This one feels like an easy win for anyone wanting to get into a CMHC MLI Select project. It’s already a 4plex in great shape, so there’s no major construction headache—just some cosmetic updates to freshen things up. On top of that, you can add a 650 sq ft garden suite, which means even more rental income potential.

What I like most is how accessible this is. You don’t need to be a seasoned investor to make this work—it’s a smart, low-stress way to enter a high-demand market like Little Italy with a profitable setup already in place.