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Recommended Purchase Price
$1,050,000
Lot Size
24.5 x 132
# of Units
6 + Garden Suite
Rentable Sqft
6,135
Why we love it.
This Toronto multiplex investment property offers a AAA combination of entry price and location in Little Portugal. With just under 25 feet of frontage and an extra-deep 132 feet, the lot supports a 6,135 sq ft footprint for a 6-plex plus garden suite: proven rental product in a premium pocket.
It sits 300m from Centrecourt's Brixton rental building, where units lease well over $4/sqft, and 200m from an incoming Hullmark luxury rental. The numbers are strong: 6.11% cap rate, $198,938 annual NOI, and $3,186 monthly cashflow — a solid entry into Toronto multiplex investments.
BY THE NUMBERS
Financial projections.
The below financials, costs and cap rate reflect "builder" costs.
For using our turn-key building partner for a truly hands-off buy, design, and build experience contact us for details.
Monthly Rental Income
$21,393
Monthly Expenses + Vacancy
$4,815
Monthly Cashflow
$3,186
Yearly NOI
$198,938
After Renovation Value
$4,420,838
Capitalization Rate
6.11%
Equity Analysis
Project Cost
$3,274,745
Equity Created
$1,146,093
5 Year Profits
$1,850,086
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