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Downsview-Roding-CFB, Toronto
$1,170,000
Turnkey, high-yield investment property with strong cash flow and future upside! Featuring 6 bedrooms with 6 stable tenants, this fully rented home generates close to $6,000/month. Thoughtfully upgraded with full interior painting, a complete electrical update (2024), coin laundry, and exterior readiness for an EV charging station. Ideal for investors seeking a low-maintenance, income-producing asset with reliable tenancy. Located in an area where garden suites are actively being approved and built, offering excellent potential to add a self-contained backyard unit (subject to City approvals) and further increase income. A rare opportunity to secure a stabilized property with immediate returns and long-term growth potential. The property is being sold furnished.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 31-50 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,082 |
| Lot Size | 51.14 ft x 117 ft |
| mls© Number | W12960218 |
| Listed By | CENTURY 21 LEADING EDGE REALTY INC. |
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%
- $5,989
- Property tax
- $340
- Heat allowance
- $150
- Housing costs
- $6,479 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$199,000
gross annual household income
- Payment at 4%
- $4,924 / mo
- Cash down
- $234,000
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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