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Wallace Emerson Turn Key Triplex + Laneway Build

List Price

$1,500,000

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Why we love it.

701 Dupont is the ideal turnkey property for a passive investor. Recently and fully renovated, it delivers immediate, reliable cash flow from day one. Beyond the strong existing performance, the property offers significant upside: the opportunity to build a 1,200+ sq. ft. laneway house—whether now or in the future—unlocking both substantial equity growth and additional rental income potential.

BY THE NUMBERS

Financial projections.

Monthly Rental Income

$12,800

Yearly Cashflow

$53,862

Capitalization Rate

6%

Financials include laneway house build using cash. This assumes an 80% LTV residential mortgage at 4% amortized over 30 years.

Equity Post Renovation

$475,000

Post Renovation Value

$2.500,000

5 Year Profits

$1,089,838

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