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Keelesdale-Eglinton West, Toronto
$1,998,000
Income-Producing Brand New Legal 4-Plex Property, Steps away from Keelsdale LRT station. Exceptional investment property offering strong cash flow potential with an impressive cap rate over 5% . This property features four self-contained units including two bright one-bedroom units on the main floor, a spacious 2+1 bedroom unit on the second floor, and a beautifully finished two-bedroom lower-level suite. Each unit offers its own private entrance, separate laundry, open-concept layout, modern kitchens with stainless steel appliances, and abundant natural light throughout. Designed for maximum tenant appeal and rental efficiency, these brand-new units provide excellent flexibility for investors or multi-generational living. Located in a high-demand rental area close to transit, shopping, schools, and amenities. Rare opportunity to own a high-performing, low-maintenance multiplex with excellent income potential. Ask Listing Agent for full financials and cap rate details .Property is Fully tenanted now with monthly income of $9500 monthly.
No extras listed.
| Type | Detached |
| Style | 2-Storey |
| Approx. Age | New |
| Size | 3000-3500 sq. ft. |
| Property Tax | --- |
| Lot Size | 30 ft x 120 ft |
| mls© Number | W13457608 |
| Listed By | RE/MAX REALTRON REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $10,227
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $10,377 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$319,000
gross annual household income
- Payment at 4%
- $8,408 / mo
- Cash down
- $399,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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