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Wallace Emerson Turn Key Triplex + Laneway Build
List Price
$1,500,000

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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