38 Humberside Ave, Toronto

High Park

Type of Property: 3 Story Detached with Extra-Wide 27ft frontage

Why this property is a good investment:

  • Located in High Park North, one of the fastest growing neighborhoods in Toronto.
  • Transitioning & gentrifying area leads to huge potential in appreciation.
    See here
  • 10 mins walk from Dundas West station and 20 mins ride to downtown Toronto.
  • Grocery store, trendy restaurants, coffee shops, bars, etc. along Dundas St West
  • High Demand Rental Area – Young Professional (Millennial) who works in downtown.
  • Four self-contained units provide extra rental income vs. one single-family residence rental
  • Cosmetic renovations may be required in order to turn into strong long term hold.
  • Walk Score of 89: Very Walkable
  • Transit Score of 94: Rider’s Paradise

1,330,000

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

Status
Sold
Asking Price
1,399,000
Offer Review Date
November 13, 2017
Selling Price
1,330,000
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI

VIP Property Analyzer

Initial Investment Required

$332,857

Monthly Rents

$6,600

Monthly Expenses

$ 1,035

Monthly Mortgage Payment

$ 4,599

Monthly Cashflow

= Rent - Expenses - Mortgage

$ 966

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

38 Humberside Avenue, Toronto, ON, Canada

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