top of page

The Beaches - CMHC MLI 10plex New Build

Recommended Purchase Price

$2,100,000

Lot Size

​

# of Units

​

Rentable Sqft

​

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

Why we love it.

This Toronto multiplex investment property is an exceptional opportunity to develop 10 units on a prime 50x138 lot in the highly sought-after Beaches neighborhood. The property can be divided into two 25-foot lots, allowing for the construction of two fourplexes featuring 1,100 sqft, 3-bedroom, 2-bath units, as well as two 1,300 sqft, 3-bedroom, 2.5-bath laneway houses. Additionally, there is enough space to accommodate six parking spots. This project is ideal for developers seeking a slightly larger-scale build in an outstanding location. Situated just steps from vibrant shops, restaurants, and the boardwalk, this investment offers strong potential returns and exceptional lifestyle appeal — one of the larger-scale Toronto multiplex investments we currently offer.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$39,700

Monthly Expenses + Vacancy

​

Monthly Cashflow

​

Yearly NOI

​

After Renovation Value

$7,806,000

Capitalization Rate

6.6%

Equity Analysis

Project Cost

​

Equity Created

$2,115,000

5 Year Profits

$3,848,000

bottom of page