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Publicly listedPosted 3 months ago

65 Branstone Road Toronto (Caledonia-Fairbank), Ontario

Branstone Road, Toronto (Caledonia-Fairbank), ON, M6E4E3

Asking Price

$1,479,000

3

Beds

Multiplex

Type

Listed on MLS and shown here with a PrivateDeals opportunity analysis. PrivateDeals is not the listing brokerage.

About this property

Welcome to 65 Branstone, an ideal addition to any investor's portfolio or a perfect opportunity for owner-occupancy with potential rental income. The property features three updated two-bedroom units and one bachelor suite. Additional highlights include three separate hydro meters, a coin-operated washer and dryer, a double garage with additional driveway space for ample parking. The three renovated units are equipped with updated kitchens w/stainless steel appliances and granite countertops. The seller and listing agent do not warrant the retrofit status of the Units. Ideally located close to shopping, restaurants, parks, TTC, and the new Eglinton LRT. (id:24493) MLS® #W13091802 The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA

Opportunity analysis

Opportunity score

7 / 10

Recommended strategy

Rental

Automated estimate generated from listing data. Not a property valuation or investment advice.

Facts and features

Property type

Multiplex

Parking

double garage with additional driveway space

Business case

Strengths

  • Updated kitchens with stainless steel appliances and granite countertops
  • Coin-operated washer and dryer available
  • Double garage plus driveway provides ample parking

Opportunities

  • Three separate hydro meters can help manage utility costs
  • Proximity to shopping, restaurants, parks, TTC, and new Eglinton LRT
  • Potential for rental income as an investor property

Weaknesses

  • Seller and listing agent do not warrant the retrofit status of the units
  • Bathroom count not disclosed, potentially limiting marketing transparency
  • Unit condition beyond the listed updates is unknown

Threats

  • Lack of warranty on retrofit may deter some buyers
  • Future rent regulations could impact investment returns
  • Limited information on lot size and property footprint

Mortgage calculator

Full calculator

20.0%

0%
20%
50%
100%

Monthly payment (principal + interest)

$7,925

Down payment

$295,800

Mortgage amount

$1,183,200

Rate · amortization

6.5% · 25 yrs

Canadian semi-annual compounding. Add CMHC & land transfer tax →

Cash flow analysis

Full rental analysis

/month

What it would rent for, all units combined

%

= $295,800 · linked to the mortgage calculator

/mo

Est. 1.2% of price a year

/mo

Repairs, condo fees

Monthly cash flow

NET / MOAdd the rent

Enter the rent to see if this home pays for itself.

Rent needed to break even

$9,404/mo

Mortgage (P+I)

−$7,925

Property tax

−$1,479

Asking Price

$1,479,000

Interested in this property?

Get full details, or a cash offer if you're the owner.

Or call (647) 333-0170

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