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Trinity Bellwoods - CMHC MLI Select 7plex New Build

Recommended Purchase Price

$1,525,000

Lot Size

# of Units

Rentable Sqft

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Why we love it.

This is a rare chance to build a large 7-plex in one of Toronto’s most coveted neighbourhoods — Palmerston Avenue, just steps from Trinity Bellwoods Park. You’re right in the heart of West Queen West, surrounded by some of the city’s best shops, restaurants, and nightlife.

The property is perfectly positioned to take advantage of both the CMHC MLI Select program and Toronto’s new 6-plex zoning rules. The plan allows for 4 spacious one-bed, one-bath units, 2 large two-bed, two-bath units, and a luxurious three-bed, 2.5-bath laneway suite.

It’s a high-demand, high-rent location with huge upside — a rock-solid investment you don’t want to miss.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$21,400

Monthly Expenses + Vacancy

Monthly Cashflow

Yearly NOI

After Renovation Value

$4,768,000

Capitalization Rate

5.2%

Equity Analysis

Project Cost

Equity Created

$1,799,000

5 Year Profits

$1,734,000

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