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Price Change$1,788,000

33 Landour Avenue

Keelesdale-Eglinton West, Toronto

$1,998,000

Detached|2-Storey
4 | 4 | 4
About this home

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.

Extras

No extras listed.

TypeDetached
Style2-Storey
Approx. AgeNew
Size3000-3500 sq. ft.
Property Tax---
Lot Size30 ft x 120 ft
mls© NumberW13457608
Listed ByRE/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.

Down payment20% · $399,600
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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