19 Lewis Street

South Riverdale

Turn-Key Property with 3 Self-Contained Units in Toronto’s next Hottest Neighbourhood, East Harbour!

Why this property is a good investment

Located in Toronto’s next hottest neighbourhood, East Harbour!
  • East Harbour will span 38-acres just east of downtown, including 9-acres of proposed green space and 10 million square feet of commercial development
  • Plans to accommodate 50,000+ jobs
  • New transit hub with significant connections to local and regional transit – TTC, GO Train and the future Ontario subway line
  • For more information on East Harbour visit www.eastharbour.ca
  • Photo
Location

Opportunity

  • Vacant property with the opportunity to set your own rents
  • Turn-key so you can start collecting rent on day one
  • All units have their own outdoor spaces which will put these units above others for attracting tenants
  • Three self-contained units provide extra rental income vs. one single-family residence rental
  • Two parking spaces

The Units

1. Upper Floor

  • 1 bed + 1 bath
  • Walkout to private balcony
  • Market rent: Approx $1,900/month + utilities

2. Main Floor

  • 1 bed + 1 bath
  • Walkout to private deck
  • Market rent: Approx $1,850/month + utilities

3. Lower Floor

  • Studio + 1 bath
  • Walkout to separate patio space
  • Market rent: Approx $1,500/month + utilities

Next Steps

Contact your Volition team member or send an email to info@volitionprop.com to discuss how this property fits into your real estate investing goals. Hurry, offers are being accepted Thursday, May 6!

 

 

1,400,000

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

Key Details

Status
Available
Asking Price
1,400,000
Predicted Selling Price
1,400,000
Initial Investment
Monthly Rents
Monthly Expenses
Monthly Mortgage
Monthly Cashflow
ROI

VIP Property Analyzer

Initial Investment Required

$333,100

Monthly Rents

$5,250

Monthly Expenses

$ 978

Monthly Mortgage Payment

$ 4,029

Monthly Cashflow

= Rent - Expenses - Mortgage

$ 243

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

19 Lewis St, Toronto, ON

Connect With Us And Start Your Real Estate Investment Journey

Whether you’re a first time investor or a seasoned pro, our experts can help!



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