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Dufferin Grove CMHC MLI Select New Build 4Plex + Garden Suite
List Price
$1,300,000

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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