top of page

Roncesvalles - CMHC MLI Select 10plex New Build

Recommended Purchase Price

$2,500,000

Lot Size

​

# of Units

​

Rentable Sqft

​

02f70431-3d19-45da-9b15-a6e65da5042e.png

Why we love it.

This Toronto multiplex investment property sits just steps from Roncesvalles — a 50x120 lot with exceptional development potential. The property is ideally suited for severance to construct two fourplexes, each featuring versatile 1,050 sqft units that can be configured as 3-bedroom or 2-bedroom layouts with 2 bathrooms. Additionally, a spacious 1,300 sqft laneway house with 3 bedrooms and 2.5 bathrooms can also be built on each lot. This prime location offers tenants easy access to both the Queen and King streetcars, ensuring excellent connectivity. With strong demand for luxury rentals in the area, this property is a highly attractive investment with significant potential for long-term returns — a strong addition to any portfolio of Toronto multiplex investments.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$39,900

Monthly Expenses + Vacancy

​

Monthly Cashflow

​

Yearly NOI

​

After Renovation Value

$7,850,000

Capitalization Rate

6.2%

Equity Analysis

Project Cost

​

Equity Created

$1,691,000

5 Year Profits

$3,442,000

bottom of page