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Little Portugal — 6 Plex + Garden Suite

Recommended Purchase Price

$1,100,000

Lot Size

25 x 119

# of Units

6 + Garden Suite

Rentable Sqft

5,619

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Why we love it.

It's hard to find this combination of entry price and location for a fully detached property. Ideally located between the trendy Dundas West and College strips, it sits less than a minute from the Dufferin bus line — Toronto's busiest route — and the Dundas and College streetcars.

Even on our conservative rental figures, the property delivers excellent returns: a 5.83% cap rate, $2,740 in projected monthly cashflow, and $917,963 in equity created at completion.

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

$19,967

Monthly Expenses + Vacancy

$4,571

Monthly Cashflow

$2,740

Yearly NOI

$184,753

After Renovation Value

$4,105,623

Capitalization Rate

5.83%

Equity Analysis

Project Cost

$3,187,659

Equity Created

$917,963

5 Year Profits

$1,572,046

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