In a typical Toronto market, “turnkey” usually means barely breaking even. Not this time.
247 Belgravia Ave in Toronto is a fully renovated 3-unit property that cash flows over $1,000 per month from day one. It’s currently tenanted, with the option for vacant possession — giving you flexibility to reset rents, move into a unit yourself, or keep it as a hands-off income property.
Plus, the oversized backyard and existing garage open the door for serious upside — ideal setup for an additional rental unit or future garden suite*.
Why This Toronto Income Property Works So Well
Positive Cash Flow From Day One
This isn’t a “wait-and-hope” project. It’s turnkey and already profitable the moment you close.
Flexibility on Possession
Keep the tenants and collect steady rent or take vacant possession to reposition at market rents — your call.
Future Garden Suite Upside
The detached garage makes it ideal for a garden suite when you’re ready to scale your income.
Strong Long-Term Hold
Located in West midtown Toronto, this area continues to see steady rental demand, limited new supply, and solid long-term appreciation.
*The backyard appears to meet the requirements for a garden suite, subject to survey confirmation and verification that the existing garage was constructed in compliance with permit requirements.
🧠 See The Numbers For Yourself
Use our interactive calculator to adjust rent, mortgage rate, and capital to see how this fits your plan.
Actual returns may vary depending on assumptions. Read our definitions and assumptions.
Unlock the Full Deal Breakdown
Don’t guess — we’ll help you run the numbers. Get the full breakdown on this property: complete renovation plans, garden suite strategy, renovation lift potential, and refinancing / exit options — plus a walkthrough tour if you want to see it firsthand.
Fill out the form and we’ll send you everything you need to decide if this deal fits your goals.
💵 How Do You Actually Make Money With a Toronto Investment Property?
GICs, bonds, and dividend stocks might feel “safe,” but they only deliver 3–5% returns before inflation chips away at your gains.
This property? You’re looking at 9% cash-on-cash returns and 12.5% total income returns—just from rent and mortgage paydown.
And that’s before you build the ADU. Once you add that, your income sky-rockets. Don’t forget the value-add lift and long-term growth potential, too.
Here’s why real estate beats passive investing hands down:
- You control the asset
- The bank gives you cheap money to buy it — something stocks don’t offer
- Property values rise with inflation, protecting your returns
- You can upgrade the property later to boost income even more
If you want to grow wealth, real estate gives you control, steady income, and real upside — instead of just hoping the market moves in your favour.
Real estate isn’t just about buying and hoping. Smart investors make money from four main channels—and when you do it right, the returns can blow GICs and stocks out of the water.
Equity Gains
Every month your tenants pay rent, a portion of that pays down your mortgage. That means your loan shrinks, your ownership grows, and your equity builds—automatically.
It’s like a built-in savings plan, growing quietly in the background while your property works for you.
Monthly Cash Flow
Cash flow is the income left over after all bills and mortgage payments.
Some investors are OK with breakeven returns. But if you’re in it for financial freedom, we aim for strong positive cash flow that puts money in your pocket month after month.
This is your path to replacing your 9-to-5—with rental income instead of a paycheque.
Long-Term Market Appreciation
Toronto real estate values don’t move in a straight line, but they’ve trended up over time—averaging 7% annually over the past 20 years.
That’s why investors with capital choose Toronto over riskier markets:
- ✔️ Stronger appreciation potential
- ✔️ Better mortgage terms
- ✔️ Lower long-term risk
Even better, you can tap that appreciation without selling—just refinance, pull out equity, and reinvest with zero capital gains tax.
This consistent growth makes Toronto’s real estate means better returns and lower risk when you want to cash out and take profit.
What's Happening In Toronto's Real Estate Market?
Value-Add Gain
Want to take it up a notch? Renovations can force up your property’s value fast.
But let’s be real—value-add isn’t passive.
You’ll need:
- Smart reno strategy (focus on what boosts rents)
- A good contractor
- Project management skills
Done right, it can mean tens or even hundreds of thousands in added value.
What Toronto Real Estate Investment Is Right For You?
Whether you want turnkey cash flow or a hands-on value-add project, we’ll show you what fits your goals and budget.
