List Price
$1,600,000

Why we love it.
This is a great opportunity to pick up a well-maintained triplex in Little Portugal that’s basically ready to go. The main house is in very good condition, and while you could do some light updates, it’s totally rentable as-is—which is perfect for newer investors looking for a low-lift start. Plus, there’s the option to build a 1,300 sq ft laneway house down the line for added rental income and long-term upside.
The location is another big win—close to transit, tons of restaurants, shops, Dufferin Mall, and even Little Italy. This kind of flexibility—rent it now, add value later—is exactly what makes a property like this appealing from both a cash flow and growth perspective.
BY THE NUMBERS
Financial projections.
Monthly Rental Income
$14,800
Yearly Cashflow
$70,149
Capitalization Rate
6.5%
This assumes an 80% LTV residential mortgage at 4.1% amortized over 30 years