Elevate's Top Investment property Pick This Week!
Asking Price: $1,399,999
Key Insights On This Property
Type
416 Detached, Optimized 4 Units
Total Rents*
$11,000
Cash Flow*
$3,900 Per Month
Capital Needed*
$530K
Why We Love This opportunity!
Amazing Rents!
7.3% optimized cap rate* (versus 4.5-5% market cap rate).
Multiplex Potential!
Turn this existing single family home into 4 units for maximum returns.
Strong Gentrification Outlook!
High growth potential with multiplex changes in Toronto.
Listed by BAY STREET GROUP INC., BROKERAGE
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Financial Projections
*Actual returns may vary depending on assumptions. Feel free to change the numbers around to see how they impact investment returns. Mortgage is based on a 20% downpayment and 30 year amortization. Cap rate is based on market value calculated as purchase price + renovations.
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