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Little Italy - CMHC MLI Select Renovate 4Plex + Build Garden Suite

Recommended Purchase Price

$1,550,000

Lot Size

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# of Units

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Rentable Sqft

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Why we love it.

This Toronto multiplex investment property 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 — a great starter among Toronto multiplex investments.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$14,700

Monthly Expenses + Vacancy

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Monthly Cashflow

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Yearly NOI

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After Renovation Value

$3,244,000

Capitalization Rate

5.4%

Equity Analysis

Project Cost

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Equity Created

$771,349

5 Year Profits

$1,298,000

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