Brand new freehold homes in the city of Toronto
that actually give you positive cash flow?
Yes, it's true!
I'm estimating $436/m positive cash flow on these homes.
Scroll down for the Pro-forma for details.
NOTE: There are only 7 homes left and prices
will be increasing very soon. Don't delay
Semi-detached and townhouses that can be offered
as single-family OR you have the option
of adding a legal secondary suite.
2 separate and self-contained units
with their own entrances, their own kitchens,
their own laundry.
These homes are freehold, in the city of Toronto,
and they will cash flow!
So what made me buy this investment?
✅Brand New Construction with full Tarion Warranty
✅Freehold Home in the city of Toronto proper
✅Great Transit Location - TTC Bus (0 minutes),
GO Train (5 mins), LRT Subway (10 mins),
✅Turnkey secondary suite was done
by the builder (don't have to touch a hammer)
✅Cash flow positive
In terms of location, this is 1780 Lawrence Avenue West
(Lawrence and Black Creek Drive) in North York.
Just a short walk to the GO /UP Express station
at Weston that takes you to Union station in 15 mins
or Pearson Airport in just 8 minutes!
The new Eglinton LRT-Subway will open soon
and the Mount Dennis Transit Hub is just minutes away too.
If you drive you are on the 401 or 400
in just 2 minutes from this spot.
Think of the possibilities
Buy for yourself and use the whole home
Buy for yourself and rent out 1 unit, live in the other
Buy for yourself - live in one unit,
parents or grand parents in the other unit
Buy for investment and rent out both units long term rentals
Buy for investment and do Airbnb furnished units.
Important point: these homes are pre-construction
which means NO RENT CONTROL!!
How rare is this?
Where can you find a freehold home in the city of Toronto
right now that gives you positive cash flow?
Add to this fact that it's brand new construction,
and the entire community is on a ravine,
makes this an incredibly rare opportunity!
The builder is Fernbrook Homes -
they have built thousands of homes.
Check out the floor plan to see
how the 2 units would work in the RIVER model:
…and now check out the pro-forma
based on renting out both units:
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