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Trinity-Bellwoods, Toronto
$1,999,999
Power of Sale Opportunity! Rare 25 ft wide renovated semi detached property featuring 3 separate units with the potential to generate approx $120,000 in gross annual rental income when fully leased. The front unit is currently leased while the two additional units are vacant and recently renovated. Perfect for investors seeking strong rental income or end users looking to live in one unit while collecting rental income from the other two helping significantly offset mortgage and carrying costs. Further upside with the potential to build a laneway home with 2 additional units subject to approvals and due diligence. Located in an excellent, highly desirable area within walking distance to vibrant neighbourhood amenities, restaurants, cafes, shopping, transit and more. A rare opportunity combining strong income potential, flexible living options and addition of potential laneway units increasing future value and upside!
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| Type | Semi-Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $8,087 |
| Lot Size | 25 ft x 130.67 ft |
| mls© Number | C13795598 |
| Listed By | ROYAL LEPAGE TERREQUITY REALTY |
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 actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $10,237
- Property tax
- $674
- Heat allowance
- $150
- Housing costs
- $11,061 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$340,000
gross annual household income
- Payment at 4%
- $8,416 / mo
- Cash down
- $400,000
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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