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Price Change$1,700,000

930 Dundas Street E

South Riverdale, Toronto

$1,250,000

Freehold Townhouse|2 1/2 Storey
11 | 6 | 2
About this home

A rare, licensed downtown Toronto income property offering 14 rental accommodations in a prime, high-demand rental location. This fully operational, turnkey asset requires minimal hands-on management and features 6 bathrooms, 2 shared kitchens, and 2 rear parking spaces. Situated as an end-unit row townhouse, the property benefits from only one attached neighbor, enhanced privacy, additional natural light, and the feel of a more traditional urban home. Strong, stable tenancy from university students and young professionals delivers immediate cash flow with minimal turnover, and an attractive cap rate. Ideally situated close to major transit routes, universities, shopping, parks, and everyday amenities, this is a very rare opportunity to acquire a high-cap rate, low-maintenance investment property in Toronto. Price is firm, no vendor take back. No vendor take-back. For More Information About This Listing, More Photos & Appointments, Please Click "View Listing On Realtor Website" Button In The Realtor.Ca Browser Version Or 'Multimedia' Button or brochure On Mobile Device App.

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agent
Angela Montano
(647) 283-2643
TypeAtt/Row/Townhouse
Style2 1/2 Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,995
Lot Size17.54 ft x 96.21 ft
mls© NumberE12635946
Listed ByTIMES REALTY GROUP 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%
$6,398
Property tax
$500
Heat allowance
$150
Housing costs
$7,048 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $250,000
25-yr amortization

Income needed

$217,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$250,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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