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Dufferin Grove CMHC MLI Select New Build 4Plex + Garden Suite

List Price

$1,300,000

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Why we love it.

Situated just steps from Dufferin and Bloor, this 25x138 detached lot offers incredible potential. The property provides as-of-right approval for the construction of a brand-new fourplex featuring 1,100 sqft, 3-bedroom, 2-bath units, as well as a 1,250 sqft, 3-bedroom, 2.5-bath garden suite. Located in a rapidly gentrifying neighborhood experiencing significant development, this investment offers outstanding long-term growth prospects, making it a highly compelling opportunity.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$20,200

Yearly Cashflow

$41,368

Capitalization Rate

6.3%

Mortgage is a CMHC MLI Select loan at 3.7% amortized over 40 years

Equity Post Renovation

$1,173,872

Post Renovation Value

$4,204,000

5 Year Profits

$2,059,543

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