Volition Properties

18.5 Lindsey Ave

Dufferin Grove

HIGHLIGHT

Take advantage of the new multiplex zoning and build to suit your needs

 

ABOUT THE HOUSE

This is a very special property and has many of the characteristics we like – a large footprint that supports 2 bedroom configurations on the main and basement floors, front and rear walkouts, and great basement ceiling height. We also love the proximity to TTC and the garage for either a laneway suite or personal use.

You can explore multiple strategies of this property based on your needs:

  1. Rental property – Maximize your cash flow by converting the property into a triplex or fourplex, supplemented by a laneway suite.
  2. House hack – Create a family-sized unit on the second and third floors, and rent the main and basement units to subsidize costs
  3. Hybrid of 1 and 2 – Design a brand new custom laneway suite to suit your needs, while renting out the future triplex or fourplex
  4. Aging in place / multigenerational living with a full bathroom and bedroom already on the main floor

 

RENOVATIONS

  • The extent of renovations depends on the option you choose – they range from moving in, to cosmetic updates and minor reconfiguration, to a full-blown conversion plus laneway suite build. Talk to us to explore your options!

 

LOCATION

  • In the Dufferin Grove neighborhood.
  • Very Walkable, most errands can be accomplished on foot. Steps to TTC, Dufferin Subway station, parks, restaurants, shops, schools.
  • Walk score – 92
  • Transit Score – 91
  • Bike Score – 85
Property Features

Key Details

Status
Sold
Asking Price
1,550,000
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI

1,470,000

Selling Price
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI
Start investing now

VIP Property Analyzer

Initial Investment Required

$369,625

Monthly Rents

$0

Monthly Expenses

$ 578

Monthly Mortgage Payment

$ 7,434

Monthly Cashflow

= Rent - Expenses - Mortgage

$ -8,012

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

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