Here's a Toronto multiplex investment property that's a great chance to take on a CMHC MLI Select project right in the heart of Pape Village. The property is steps from the upcoming Ontario Line station at Pape and Cosburn, with lots of great local spots—cafes, restaurants, and a strong neighbourhood feel.

This is a tear-down lot on a 25x150 foot piece of land, making it a solid fit for a 4-unit build in the main house (each planned as 3 beds, 2 baths) plus a 1,300 sq ft garden suite in the back.

Finding something under $1M in Toronto—especially with this lot size and location—isn't easy. This one has strong potential for the right builder or investor — a rare sub-$1M entry point among Toronto multiplex investments.