26 Pape Ave

South Riverdale

Type of Property: 2 Storey Semi – Detached with 2 parking spots

Why this property is a good investment:

    • Closest major intersection:  Pape & Queen
    • Located in South Riverdale, one of the fastest growing neighborhoods in Toronto.
    • Transitioning & gentrifying area leads to huge potential in appreciation.
    • 3 mins walk from Queen St East streetcar and less than 15 mins ride to downtown Toronto.
    • Grocery store, trendy restaurants, coffee shops, bars, etc. along Queen St
    • High Demand Rental Area – Young Professional (Millennial) who works in downtown.
    • Three self-contained units provide extra rental income vs. one single-family residence rental
    • Substantial renovations is required in order to turn into strong long term hold.
    • Walk Score of 94: Very Walkable
    • Transit Score of 93: Excellent Transit

885,000

Selling Price
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI
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Key Details

Status
Sold
Asking Price
885,000
Offer Review Date
April 15, 2020
Selling Price
885,000
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI

VIP Property Analyzer

Initial Investment Required

$207,698

Monthly Rents

$5,100

Monthly Expenses

$ 905

Monthly Mortgage Payment

$ 2,868

Monthly Cashflow

= Rent - Expenses - Mortgage

$ 1,327

Investment Analysis

Cash-on-Cash ROI

1 year Cashflow
Annualized Cash-on-Cash ROI

Equity-on-Cash ROI

1 year Mortgage Paydown
Annualized Equity-on-Cash ROI

Appreciation-on-Cash ROI

1 year Appreciation Return
Annualized Appreciation-on-Cash ROI

Total Annual Return

Total 1 year Profit
Total 1 year Annual ROI

Capitalization Rate

0%

Location

26 Pape Avenue, Toronto, ON, Canada

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